Team Leader - Operations

Closing Circle; Haryana; On-site; INR 670,000 - 8,370,000; Full time

Job summary

Closing Circle in Gurgaon is seeking a detail-oriented Clearance & Settlement Specialist to manage the end-to-end trade lifecycle, resolve settlement issues, and ensure accurate processing of security transfers. You will support customers and internal teams, while liaising with brokers and custodians to ensure smooth settlements.

The ideal candidate has strong operational expertise, knowledge of SWIFT MT 500-599, and excellent analytical and communication skills to handle multiple tasks under

Qualifications

• Understanding securities trade life cycle including execution, clearing and settlement.
• Knowledge of SWIFT messaging standards MT 500-599 and related formats.
• Experience in operations or back-office roles within brokerage or wealth management.

Responsibilities

• Manage end-to-end trade life cycle: capture, matching, clearing and settlement.
• Resolve settlement breaks and operational discrepancies in security transfers.
• Process SWIFT messages MT 500-599 accurately and efficiently.
• Coordinate with brokers, custodians, and counterparties to ensure smooth settlements.
• Provide operational support for customer queries and internal escalations.
• Maintain records and prepare settlement and reconciliation reports.
• Identify gaps and recommend improvements to settlement processes.

Skills

Trade lifecycle understanding

SWIFT MT 500-599

Settlement issues handling

Back-office operations

Analytical thinking

Communication skills

Job description

Job Title: Clearance & Settlement Specialist

Team Leader

Location: Gurgaon

About the Role:

We are looking for a detail-oriented Clearance & Settlement Specialist to join our operations team.

This role involves managing the end-to-end trade life cycle, resolving settlement issues, and ensuring accurate and timely processing of security transfers. The ideal candidate will have strong operational expertise, knowledge of SWIFT messages (MT 500-599), and the ability to provide both customer and operational support.

Key Responsibilities:

• Manage the end-to-end trade life cycle, including trade capture, matching, clearing, and settlement.
• Resolve settlement breaks, discrepancies, and operational issues related to securities transfers.
• Monitor and process SWIFT messages (MT 500-599) accurately and efficiently.
• Liaise with internal teams, brokers, custodians, and counterparties to ensure smooth settlement processes.
• Provide operational support for both customer-related queries and internal escalations.
• Maintain accurate records and prepare reports related to settlements and reconciliations.
• Identify process gaps and recommend improvements to enhance settlement efficiency.

Required Skills & Experience:

• Strong understanding of the securities trade life cycle (equities, ETFs, bonds, etc.).
• Experience handling settlement issues and security transfers.
• In-depth knowledge of SWIFT messaging standards, particularly MT 500-599.
• Prior experience in operations or back-office roles within a brokerage or wealth management environment.
• Strong analytical and problem-solving skills.
• Excellent communication skills to coordinate with multiple stakeholders.
• Detail-oriented with the ability to manage multiple tasks under tight deadlines.

Pay: ₹60,000.00 - ₹750,000.00 per month

Work Location: In person