Deputy Manager / Manager - Funds Settlement Team
Mumbai
| Department | Job posted on | Employee Type | Experience Range (Years) |
| Clearing & Settlement | Permanent | 3 - 6 years experience in the Finance sector with BFSI/ Securities Market |
Purpose of the role:
To support in daily funds settlement activities, interaction with clearing banks, managing queries of members’ , collation of data and MIS reporting wherever required.Key Responsibilities (This should reflect the process/sub-process in which the position plays a role and specifically indicate the actions to be taken. Please include a maximum of 8 key responsibilities)
A. Fund Settlement Activities (Equity / Equity Derivatives / Currency Derivatives / Commodities / SLBM)
Understanding of end to end trade life cycle of products settled at NSE Clearing Ltd
In charge of ensuring daily collection of obligation , generation of reports for all Segments within defined SLA
Prompt escalation in case of any deviation
Checklist formulation and SOP formulation
Execute processes in a timely manner while adhering to Checklist.
Active Interaction with Internal departments in NSE/NCL and also External parties like Brokers, Banks, Regulators and Other exchanges/Clearing Corporations.
B. Tracking Circulars & mails for Actionable items across all Exchanges/CCs
Mapping of Primary & Secondary settlement bank accounts as per request received from new members.
Shifting of Primary and Secondary settlement bank accounts as per request received from existing members.
C. Offer for Sale / Tender Offer
Understanding of end to end trade life cycle including settlement
Settlement of Obligations with the members
(Additional responsibilities may be added from time to time depending on organisational requirements.)
Requirements:
Educational Qualifications: Essential – CA/ MBA Finance Degree
Required Skills: Supervision of settlement operations in capital market
Preferred skills: Process Automation skillset
, Understanding of Capital markets and settlement trade cycle