Trade Settlement - Officer/AM

DSP Asset Managers Pvt. Ltd.; Mumbai Suburban; On-site; INR 800,000 - 1,500,000; Full time

Job summary

A leading financial services company seeks a Trade Settlement professional to manage and report on various trades, including debt, equity, and derivatives. The role includes tracking commodity trades, liaising with banks, and ensuring compliance with regulatory requirements. Ideal candidates will possess 5-7 years of relevant experience with strong knowledge of capital market operations, excellent communication skills, and a background in Finance or Accounting.

Qualifications

• 5-7 years of experience handling Mutual Fund cash flow and trades settlement.
• Specialization in Finance or Accounting preferred.

Responsibilities

• Report and settle debt, equity, and derivatives trades.
• Liaise with custody and banks for trade settlements.
• Ensure proper documentation of business processes.

Skills

Understanding of Capital Market operations

Interpersonal skills

Communication skills

Ability to manage multiple tasks

Education

MBA, MMS or similar in Finance, Accounting

Job description

About the Role – Trade Settlement

• Reporting and settlement of debt trades with counterparties and custodian and matching with the contract note.

• Reporting, reconciliation and settlement of equity and derivatives trades.

• Tracking and processing of commodity trades and payments.

• Reporting offshore equity and overseas MF trade to custody and follow-up for settlement. Booking FX and making funds available.

• Tracking and reporting of trades on custody platform with cut-offs.

• Liaising with custody and banks for trade settlement and credit tracking.

• Sound understanding and execution on various types of corporate actions.

• Strong know-how on execution of Fund of Fund trades and international securities.

Expected from the role

• Work closely with custody, dealers and other stakeholders.

• Ensure proper documentation of business processes and controls wherever applicable.

• Gain technical knowledge of trades and treasury.

• Tracking Circulars issued by regulators - SEBI / RBI / Exchanges.

Competencies needed for the role

• Understanding on Capital Market operations and financial instruments– (equities, fixed income, collateral etc.)

• A strong team player

• Intellectual curiosity and desire to learn from others

• Strong ability to routinely work on multiple unrelated tasks while effectively prioritizing and keeping track of deadlines

• Good interpersonal and communication skills.

Years of Experience
5-7 Years of Handling Mutual Fund cashflow and Trades settlement

Educational Qualifications
MBA, MMS and similar preferably with specialization in the areas of Finance, Accounting etc.