Settlements - Senior Analyst

eClerx; Pune District; On-site; INR 550,000 - 750,000; Full time

Job summary

eClerx is seeking a qualified Settlements Associate to manage daily settlement and funding activities, ensuring accuracy and adherence to internal controls. You will resolve P&S transaction issues and document workflows for regulatory purposes.

The role requires 2–4 years of experience in settlements and OTC derivatives, with a basic understanding of finance, trade life cycle, and derivatives. Immediate to 30 days notice preferred.

Qualifications

• Familiar with finance basics, settlement processes, and investment banking concepts.
• Understanding of trade life cycle and OTC derivatives.
• Strong logical and quantitative abilities.
• Experience in settlements and trade reconciliation is preferred.

Responsibilities

• Handle daily settlement and funding activities with accuracy and timeliness.
• Research and resolve problems related to P&S transactions.
• Maintain daily workflow documentation for compliance and regulatory purposes.
• Daily review of open trade breaks and ensure tracking and action.
• Reconcile securities out of balances and process adjusting entries.
• Interact with external clients on trade capture queries.
• Match trades with broker-dealer counterparts.
• Monitor RTTM/GSCC advisories, mismatches, and reversals.
• Collaborate with settlements team to resolve trade breaks and fails.

Skills

Finance knowledge

Trade lifecycle

Derivatives

Analytical skills

Education

Graduation (Bcom, BBA, BBM, BCA)

Post Graduation (Mcom, MBA, PGDM)

Job description

• Responsible for all components of the daily settlement and funding, ensuring accurate and timely processing, through adherence of internal control policies and procedures, trade capture processes, including trade blotter reconciliations and resolution of exceptions.
• Research and resolve problems relating to specific P&S transactions
• Maintains proper daily workflow documentation evidence for regulatory and compliance purposes. Satisfies documentation processes to ensure files are easily found, understood and are well maintained.
• Daily comparison of open trade breaks and ensuring items are tracked and actioned.
• Reconciliation of securities out of balances, includes processing of adjusting entries.
• Daily interaction with external clients on trade capture related queries
• Match trades with broker dealer counterparts.
• Monitor RTTM/GSCC (Advisories, exceptions, mismatches, and reversals)
• Work with settlements team to monitor and resolve trade breaks and fails.

Minimum Qualifications-

• Graduation (Bcom, BBA, BBM, BCA) / Post Graduation (Mcom, MBA, PGDM)
• 2 to 4 years of experience in Settlements and OTC derivative.
• Should have basic knowledge of finance, trade life cycle, investment banking, and derivatives.
• Should be good with logical and quantitative abilities.

Please Note - Candidates with immediate to 30 days notice period will be preferred.