Assistant Manager - Securities Settlements

6 - 11 years

6 - 16 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Work from Office

Job Type

Full Time

Job Description

The position available is with the Securities Settlements Operations team Hyderabad location. The reporting line is to a Team Manager as first line management, with further supervision by the Vice President.

Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Credit, Legal, Compliance and external counterparties.

The following tasks give an overview of what is required day to day:

• Monitoring Settlement activity and ensuring securities are in the right place at the right time

• Monitoring Firm inventory to ensure it is moved or converted to facilitate settlement

• Working with the Trading Desk on securing borrows to facilitate settlement

• Query resolution and interaction with trading desk and clients on failing trades

• Investigating and resolving discrepancies of positions (cash and securities) in the firms books and records.

• Completing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed

• Acting as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows

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