Trade Processing Specialist

Phillipcapital; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Phillipcapital is seeking an experienced professional to manage end-to-end trade processing for commodity transactions across exchanges, including delivery allocation, pay-in/pay-out, and related documentation. You will coordinate with clearing corporations, depositories, warehouses, and internal teams to ensure accurate and timely processing.

The ideal candidate has 5–10 years in commodity trade processing or back-office operations, strong Excel and reporting skills, familiarity with exchange

Qualifications

• Knowledge of MCX and NCDEX commodity markets.
• Understanding of commodity settlement cycles, margins, and physical delivery.
• Strong attention to detail with good analytical and reconciliation skills.
• Proficiency in Excel and operational reporting.
• Ability to work under deadlines in a process-driven environment.

Responsibilities

• End-to-end trade processing for commodity transactions across exchanges.
• Handling physical delivery processes, including delivery allocation, pay-in/pay-out, and documentation.
• Daily margin reporting, allocation reporting and related reconciliation.
• Coordination with clearing corporations, depositories, warehouses, and internal teams.
• Ensuring timely adherence to Exchange/Regulatory guidelines.
• Resolving trade discrepancies, delivery exceptions, and operational issues.
• Supporting audits, regulatory reporting, and MIS related to commodity operations.

Skills

MCX/NCDEX knowledge

Excel proficiency

Analytical & reconciliation

Deadline-driven

Delivery & settlement

Tools

Excel

Job description

Role & responsibilities

Key Responsibilities:

• End-to-end trade processing for commodity transactions across exchanges.
• Handling physical delivery processes, including delivery allocation, pay-in/pay-out, and related documentation.
• Daily margin reporting, allocation reporting and related reconciliation.
• Coordination with clearing corporations, depositories, warehouses, and internal teams.
• Ensuring timely adherence to Exchange/Regulatory guidelines.
• Resolving trade discrepancies, delivery exceptions, and operational issues.
• Supporting audits, regulatory reporting, and MIS related to commodity operations.

Requirements:

• Working knowledge of MCX & NCDEX commodity markets.
• Understanding of commodity settlement cycles, margins, and physical delivery mechanisms.
• Strong attention to detail with good analytical and reconciliation skills.
• Proficiency in Excel and operational reporting.
• Ability to work under deadlines in a process-driven environment.

Preferred:

• Prior experience (around 5-10 years) in commodity trade processing or similar back-office operations.
• Familiarity with exchange circulars and regulatory compliance.