Settlements - Senior Analyst/Associate Process Manager

eClerx; Pune District; On-site; INR 400,000 - 600,000; Full time

Job summary

eClerx in Pune seeks a settlements professional to manage daily trade settlement, funding, and reconciliation activities within a structured control framework. You will investigate P&S issues, resolve trade breaks, and coordinate with clients and brokers to ensure accurate processing.

The ideal candidate has 2–4 years of settlements/OTC derivative experience, with a solid foundation in finance and strong analytical skills. Immediate to 30 days notice preferred.

Qualifications

• Graduation or post graduation in commerce/finance or related field.
• 2–4 years of experience in settlements and OTC derivatives.
• Basic knowledge of finance, trade life cycle, investment banking, and derivatives.
• Strong analytical and quantitative abilities.

Responsibilities

• Responsible for daily settlement and funding processing in line with internal controls.
• Research and resolve problems relating to P&S transactions.
• Maintain daily workflow documentation for regulatory and compliance purposes.
• Daily comparison of open trade breaks; track and action as needed.
• 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, exceptions, mismatches, and reversals.
• Collaborate with settlements team to resolve trade breaks and fails.

Education

B.Com / BBA / BBM / BCA

M.Com / 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.