Settlements - Senior Analyst

eClerx; Pune District; On-site; INR 600,000 - 800,000; Full time

Job summary

eClerx in Pune is seeking a settlements specialist to manage daily settlement and funding activities, ensuring timely processing in line with internal controls and trade capture processes.

You will research and resolve issues on P&S transactions, maintain documentation for regulatory compliance, and coordinate with clients and broker-dealers to match trades and clear breaks.

Candidates should have 2–4 years in settlements/OTC derivatives, strong finance knowledge, and solid analytical skills.

Qualifications

• Graduation or post graduation in commerce/management/IT fields.
• 2–4 years of Settlements experience and OTC derivative exposure.
• Basic knowledge of finance, trade life cycle, and derivatives.
• Strong logical and quantitative abilities.

Responsibilities

• Manage daily settlement and funding with strict adherence to internal controls.
• Research and resolve problems related to P&S transactions.
• Document daily workflow for regulatory and compliance purposes.
• Daily comparison of open trade breaks and action tracking.
• Reconcile securities out of balance and process adjusting entries.
• Interact with external clients on trade capture queries.
• Match trades with broker-dealer counterparts and monitor RTTM/GSCC.
• Monitor Obligation Warehouse and Euroclear settlement items.
• Address CNS exceptions and blotter issues with settlements team.
• Resolve trade breaks and fails with settlements team.

Education

Graduation (Bcom, BBA, BBM, BCA) / Post Graduation (Mcom, MBA, PGDM)

Job description

Role & responsibilities

• 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)
• Monitoring of Obligation Warehouse
• Monitor Euroclear to ensure matching of all Euroclear settlement items
• Monitor local market instruction and matching on international trades
• Resolve CNS exceptions and blotter issues (money & positions)
• 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