Clearing and Settlement Professional - NCT

Clearing and Settlement is responsible for managing the end-to-end clearing and settlement process. This is to ensure smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. Work includes:

• Supporting interaction between internal and external stakeholders involved in the clearing and settlement process chain.
• Allocating assets to optimize the portfolio strategically.
• Ensuring adherence with market standards
• Clearing and settling through both primary and secondary markets and direct payments

Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Job involves Settlement Activities on the Debt Markets To supervise the day-to-day deliverables of the process.
• Ensuring that all activities and exceptions are handled as per the market deadline and KPI benchmark standards.
• Escalations are done appropriately, as required by the process.
• The candidate will be required to handle multiple markets and diverse clients.
• Liaising with Domestic Agents, Middle offices, Traders, Counterparties, US, Frankfurt, London and other internal counterparts via mail and phone to ensure smooth settlements.
• Ensure adherence to all cut-off times and quality of processing as maintained in SLA.
• Monitor volume inflow and ensure sufficient resource and workflow allocation in a justifiable manner.
• Ensure that all queries/first level escalations related to routine activities are responded to within the time frames pre-specified.
• To keep Team Manager informed of the exceptional occurrences, to enable appropriate action.
• Ensure that Desktop procedures are updated regularly to reflect current process flows.
• Assist DBOI, Pune in carrying out any special tasks or projects that may be required from time to time as assigned by Team Manager/AVP
• Assisting the team in decision making and taking and be the backup for the Team Manager
• Training new recruits - ensure they are fully knowledgeable about the process.
• Ability to analyze process for re-engineering opportunities.
• Strong analytical skills and ability to multitask.
• Daily / Weekly MI reporting
• Good communication and interpersonal skills
• Adherence to DB values

Your skills and experience

• Commerce Graduate (minimum)
• Should have an understanding of Debt Markets workflow.
• Good command of spoken & written English
• Excellent Interpersonal Skills
• Time Management and Stress Management Skill
• 0-2 years working experience in investment bank preferably in Fixed income
• A team player with good organizational skills
• Detail-oriented, proactive & be able to work under pressure.
• PC literate (Word, Excel macro)

Education/ certification/ skills

• Commerce Graduate (minimum)
• Should have an understanding of Debt Markets workflow.
• Good command of spoken & written English
• Excellent Interpersonal Skills
• Time Management Skill
• 0-2 years working experience in investment bank preferably in Fixed income
• A team player with good organizational skills
• Detail-oriented, proactive & be able to work under pressure.
• PC literate (Word, Excel)