Settlements - Senior Analyst/Associate Process Manager

eClerx; Navi Mumbai; On-site; INR 400,000 - 700,000; Full time

Job summary

eClerx in Navi Mumbai seeks a Middle Office/Settlements analyst to manage daily pre-matching, value date, fails management and settlement processes with strict adherence to internal controls. You will maintain regulatory documentation and perform trade blotter reconciliations to resolve discrepancies.

The role requires 2–4 years in settlements/OTC derivatives, with strong finance knowledge, analytical skills, and collaboration with brokers, sales, and trading teams.

Qualifications

• Graduation or higher in commerce/related fields.
• 2–4 years of experience in Settlements and OTC derivatives.
• Knowledge of finance, trade life cycle, investment banking, and derivatives.
• Good logical and quantitative abilities.

Responsibilities

• Handle daily Pre-matching, Value Date, fails management and settlement processing per internal controls.
• Maintain daily workflow documentation for regulatory/compliance purposes.
• Daily comparison of open trade fails; track and action items.
• Interact with external clients, brokers, sales desk, trading desk on trade discrepancies.
• Match trades with broker/dealer counterparts; monitor settlement items across platforms.

Skills

Settlements

OTC derivatives

Trade lifecycle

Analytical ability

Education

B.Com.

BBA

BBM

BCA

M.Com.

MBA

PGDM

Job description

• Responsible for all components of the daily Pre-matching, Value Date, fails management & settlement and ensuring accurate and timely processing, through adherence of internal control policies and procedures, trade capture processes, including trade blotter reconciliations and resolution of exceptions.
• 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 fails and ensuring items are tracked and actioned.
• Daily interaction with external clients, Brokers, Sales desk, trading desk etc on trade discrepancies.
• Match trades with broker dealer counterparts.
• Monitor Euroclear/DTCC/Crest/SGX/Clear stream to ensure matching of all settlement items.
• Work with settlements team to monitor and resolve fails.
• Cover BAU functions within Middle Office and Settlements team if necessary

Minimum Qualifications

• Graduation (B.Com., BBA, BBM, BCA) / Post Graduation (M.Com., 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.