Job Description:
Job Title: Clearing and Settlement Operator
Corporate Title: NCT
Location: Jaipur, India
Role Description
•Analyst - Operations for Jaipur location. Functions under the remit will be support of settlement and reconciliation tasks for multiple markets including CREST as a major. The candidate will also be required to liaise with Client Services, Network Management, Tax, UAT support, Static Data and Reconciliations to provide a front to back service delivery to clients. Region under the remit will be MMA UK.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,
•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 yrs. and above
Your key responsibilities
•Ability to recognize potential issues and take the appropriate action, including escalation to management when necessary
•Preparing, verifying and sending swift instructions to Depositories and Agent.
•Resolving problems arisen from unmatched items and implement long-term solutions for frequently occurred issues
•Preparing pending trades report and communicate with custodian/agent to identify settlement issues over telephone or via provided systems
•Monitor completion and accuracy of work that is carried out by Analyst. Assisting in reconciling cash/stock accounts against agent bank statements and resolving any breaks.
•Identifying cash or any other discrepancies to our books & records and following up till resolved.
•Escalate all issues properly, in time, to the appropriate level, to avoid any adverse impact on the business
•Ability to analyze process for re-engineering opportunities and conduct UAT Supporting client services team to resolve problem for client in term of settlement issue.
•Assist in creating proper backups through adequate cross training, within the department
•Ensure timely Settlements of instructions.
•Client Reporting To keep Team Manager informed of the exceptional occurrences, to enable appropriate action.
•Assist management in carrying out any special tasks or projects that may be required from time to time.
•Assisting the team in decision making and be the backup for the Team Manager.
•Creation and maintenance of various client and Management MIS
•Assist Team manager in Drafting/Reviewing Kops
•Should voluntarily process workload of other members to ensure load balancing in the team.
•Be innovative and come up with ideas to automate the processes.
•Should have an approach to continuously improve the process to build in efficiency in the process
Your skills and experience
Education
•MBA or bachelor’s degree in a Finance related subjects with relevant experience.
•MBA preferred. Certification in securities will be an added advantage
