Job Description
Role Description
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
• Daily exposure management for equity trades for both underlying clients and counterparts. Booking cash collateral in and out from counterparties.
• Monitoring of same day equity trades ensuring settlement, Releasing instructions for same day trades into the market, amending trades as per desk requests, processing of crest loans.
• Monitoring of aged equity trades to ensure settlement, amending trades as per desk requests,performing reconciliations tasks, processing of crest returns.
• Monitoring International trades settlement for New York Entity, settling cash on new loans for collateral team to cover exposures.
• Agreeing and processing cash movements generated by full roll's of Fixed Income deals
• Manage the settlement of all deals booked by the Fixed Income desk for VD. Aim to have all deals matched and settled excpet where cpty is short
• Releasing all instructions against Fixed Income deals for T+1 and pre-matching any unmatched market instructions where possible
• Manage the release and settlement of all Italian Domestic deals booked byt the Fixed Income trading desk. Also manage the funding between us and Italian agent
• Settlement of all deals with Clearstream on VD and sending inx for T+1/2. Agreeing and managing daily exposure figures with Clearstream, marking where required. Also Reconciliations vs Clearstream
• Monitor all collateral bookings made by Fixed Income and Equity collateral through to settlement. Bond settlements only
• Agree and settle all deals booked by the Fixed Income trading desk. Also manages the funding generated by these deals. Reconciles the reference linking betweek Euroclear/Clearstream and RMW
• Daily exposure management for equity trades for both underlying clients and counterparts. Booking collateral in and out from counterparties. Re-allocating betwen ASL clients
• Collateral management vs all TP NC deals. This includes monitoring the settlement of collateral where we have new deals booked on VD pending release
• Collateral management vs all Bi-Lat deals (Cash and NC) on a T+1 basis. Agreeing re-prices with counterparty and ensuring all ASL clients are fully covered.
• Working on ASL projects & Initives. Producing Operational MI for client and cpty based processes. Trainer of staff for cross training and upskilling. Intergrating new regulatory requirements into the team
• Reconciling cash screen balances to ensure they reflect the correct trading balance and the current running balance at Euroclear Bank
• Daily checking of tri party and corporate action Euroclear accounts. To ensure Tri party accounts are funded correctly and to monitor large balances on the corporate action account.
• Checking of over 500k balances across all ASL accounts to ensure there are no unknown balances
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
• Daily exposure management for equity trades for both underlying clients and counterparts. Booking cash collateral in and out from counterparties.
• Monitoring of same day equity trades ensuring settlement, Releasing instructions for same day trades into the market, amending trades as per desk requests, processing of crest loans.
• Monitoring of aged equity trades to ensure settlement, amending trades as per desk requests,performing reconciliations tasks, processing of crest returns.
• Monitoring International trades settlement for New York Entity, settling cash on new loans for collateral team to cover exposures.
• Agreeing and processing cash movements generated by full roll's of Fixed Income deals
• Manage the settlement of all deals booked by the Fixed Income desk for VD. Aim to have all deals matched and settled excpet where cpty is short
• Releasing all instructions against Fixed Income deals for T+1 and pre-matching any unmatched market instructions where possible
• Manage the release and settlement of all Italian Domestic deals booked byt the Fixed Income trading desk. Also manage the funding between us and Italian agent
• Settlement of all deals with Clearstream on VD and sending inx for T+1/2. Agreeing and managing daily exposure figures with Clearstream, marking where required. Also Reconciliations vs Clearstream
• Monitor all collateral bookings made by Fixed Income and Equity collateral through to settlement. Bond settlements only
• Agree and settle all deals booked by the Fixed Income trading desk. Also manages the funding generated by these deals. Reconciles the reference linking betweek Euroclear/Clearstream and RMW
• Daily exposure management for equity trades for both underlying clients and counterparts. Booking collateral in and out from counterparties. Re-allocating betwen ASL clients
• Collateral management vs all TP NC deals. This includes monitoring the settlement of collateral where we have new deals booked on VD pending release
• Collateral management vs all Bi-Lat deals (Cash and NC) on a T+1 basis. Agreeing re-prices with counterparty and ensuring all ASL clients are fully covered.
• Working on ASL projects & Initives. Producing Operational MI for client and cpty based processes. Trainer of staff for cross training and upskilling. Intergrating new regulatory requirements into the team
• Reconciling cash screen balances to ensure they reflect the correct trading balance and the current running balance at Euroclear Bank
• Daily checking of tri party and corporate action Euroclear accounts. To ensure Tri party accounts are funded correctly and to monitor large balances on the corporate action account.
• Checking of over 500k balances across all ASL accounts to ensure there are no unknown balances
💡 Quick Summary
Seeking a career-building opportunity? The Clearing and Settlement Operator position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
