Description
We are seeking a Clearing and Settlement Operator to join our team in Jaipur, India. As a Clearing and Settlement Operator, you will be responsible for supporting settlement and reconciliation tasks for multiple markets, including CREST. You will also liaise with various teams, including Client Services, Network Management, and Tax, to provide a front-to-back service delivery to clients.
Your key responsibilities:
- Recognize potential issues and take appropriate action, including escalation to management when necessary
- Prepare, verify, and send swift instructions to Depositories and Agents
- Resolve problems arising from unmatched items and implement long-term solutions for frequently occurring issues
- Prepare pending trades reports and communicate with custodians/agents to identify settlement issues
- Monitor completion and accuracy of work carried out by Analysts and assist in reconciling cash/stock accounts against agent bank statements
- Identify cash or other discrepancies and follow up until resolved
- Escalate all issues properly and in a timely manner to avoid adverse impact on the business
- Analyze processes for re-engineering opportunities and conduct UAT
- Support client services teams to resolve problems for clients in terms of settlement issues
- Assist in creating proper backups through adequate cross-training within the department
- Ensure timely settlements of instructions
- Provide client reporting and keep Team Managers informed of exceptional occurrences
What we'll offer you:
- Best-in-class leave policy
- Gender-neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender-neutral)
- Sponsorship for industry-relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive hospitalization insurance for you and your dependents
- Accident and term life insurance
- Complementary health screening for 35-year-olds and above
Your skills and experience:
- MBA or bachelor's degree in a finance-related subject with relevant experience
- 2-4 years of work experience in securities, settlements, reconciliation, or other custodian-related activities
- Expertise in CREST market will be an added advantage
- Exposure to working with Global Custodians
- Experience in deployment of technology projects related to securities will be valuable
Secondary skills:
- Excellent communication skills
- Good analytical skills
- Strong written and presentation skills
- Ability to work as a team player
Time management skills:
- Well-organized and able to clearly present results of work
- Ability to work under pressure and meet deadlines
Drive and motivation:
- Self-driven and requiring minimal instructions
- Diligent, thorough, shows initiative, and is proactive
We welcome applications from all people and promote a positive, fair, and inclusive work environment.