The Clearing and Settlement Analyst is accountable for managing the end-to-end clearing and settlement process; ensuring smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. This includes clearing and settlement through primary and secondary markets, or direct payment to clients and banks.
The Clearing and Settlement Analyst supports interfaces with different internal and external stakeholders (front office, clients, brokers, nostro agents, exchanges and clearing houses) involved in the clearing and settlement process chain, according to the market standards. The trade operator will be responsible to execute all pre-requisite tasks in life-cycle of a trade from the trade date to settlement date processes (such as pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management).
What well offer youAs part of our flexible scheme, here are just some of the benefits that youll enjoy
Best in class leave policy
Gender neutral parental leaves
100% reimbursement under child care assistance benefit (gender neutral)
Flexible working arrangements
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 yrs. and above
Your key responsibilities
Working with brokers, custodians to settle trades in a timely manner.
Investigation of trades if any discrepancies and should reach out to respective teams/brokers for necessary corrections.
Escalating to Front office for unsettled trades as per escalation matrix.
Preparation of daily and monthly reports for outstanding trades/breaks on timely basis.
Ensure team adherence to all cut-off times and quality of processing as maintained in SLA.
Ensure that all queries/first level escalations related to routine activities are responded to within the time frames pre-specified.
Ensure healthy and harmonious relationship with the clients, partner teams as well as with own team
Your skills and experience
Strong analytical skills
Fluency in Microsoft Office skills
Good communication and interpersonal skills
Exposure to Equity, and Bonds is preferable.
Understanding of Trade life cycle
Flexibility to working in APAC or US shifts.
How well support you
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team in Germany & Pune
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
About us and our teamsPlease visit our company website for further information: