Assistant Manager in Operations – Settlement (Disaster Recovery site)

Role - Assistant Manager in Operations – Settlement (Disaster Recovery site)

Experience - 3-6 Years

Location - Hyderabad

Age Limit - 35 Years

Role Overview -

• Specializes in the settlement process — ensuring trades (equities, derivatives, bonds, FX, etc.) are correctly matched, cleared, and settled on time.
• At the DR site, their role is to mirror and back up the settlement activities of the primary operations team so that in case the main site is down, settlements can continue without disruption.

Typical Responsibilities:

• Settling trades with clearing houses, custodians, or counterparties.
• Reconciliation of settlement positions.
• Monitoring settlement fails and resolving them.
• Coordinating with counterparties, custodians, and internal teams for settlement status.
• Testing settlement continuity during DR drills.

Key Skills:

• Knowledge of settlement cycles (T+1, T+2, etc.).
• Familiarity with SWIFT, RTGS, and other payment/settlement systems.
• Strong reconciliation and exception management skills.

Skills Preferred:

1. Prior experience in Capital market domain with expertise in Operations

2. Efficient execution and coordination

3. Good verbal and written communication skills

4. Graduate/Postgraduate preferably MBA in Finance/MMS/ CA/CS etc with 3- 10 years of post-qualification experience

5. Experience in the capital markets/Depositories/ Depository participants/RTAs or related field will have added advantage

6.Candidate should be open to work in Shifts and will be required to visit Primary site for understanding Operations

Job Description:

1. Responsible to smooth execution of Operations from DR

2. To perform all the operational activities / processes from DR site of CDSL within timelines and in compliance with the regulatory guidelines.

3. To co-ordinate with teams at the primary site to understand the Operational aspects and processes relating Settlement.

4. To ensure smooth operations from the DR site in case of shifting of operations form Primary site to DR site in co-ordination with Primary site teams and Technology teams

5. To ensure that the DR Operations is functioning as per the Regulatory guidelines and make changes accordingly

6. To attend the SEBI Inspections and respond MIIs / Regulatory queries

7. Raise various system requirements for implementing the various system related changes and ensure implementation in line with the regulatory guidelines.

8. Co-ordinate and manage internal stake holders / team members etc.

9. To ensure the SOPs are updated regularly as per the requirements and implement necessary checks and balance for smooth processing of DR Operational activities.

10. Managing adhoc activities assigned by the team at the primary site etc.

Current CTC and Expected CTC to be mentioned clearly

Job Type: Full-time

Pay: ₹500,000.00 - ₹1,000,000.00 per year

Education:

• Bachelor's (Required)

Experience:

• Settlement Process: 3 years (Required)
• capital markets/Depositories/ Depository participants/RTAs : 3 years (Required)

Location:

• Hyderabad, Telangana (Required)

Work Location: In person