Job Description
Here’s how the job details align with your profile.
Job type
Full-time
Location
Jaipur, Rajasthan
Benefits
Pulled from the full job description
Health insurance
Full job description
Clearing and Settlement Operator
Job ID: R032+68+
Full/Part-Time: Full-time
Regular/Temporary: Regular
Listed: 2026-05-02
Location: Jaipur
Position Overview
In Scope of Position based Promotions (INTERNAL only)
Job Title: Clearing and Settlement Operator, NCT/Associate
Location: Jaipur
Role Description
ETF Rates Settlements does exception handling of DB and Non DB Issued securities for rates business. International Non DB Issued creators are mainly UBS, Blackrock (iShares) and Vanguard for which DB is one of the principal bank and has capability to create and redeem stock with State Street who act as an Authorized participant. This involves lot of stake and NAV sensitivity due to competition between similar products. Critical activities includes solving unmatched trades, prioritizing CCP deliveries, raising traded short ISIN through define reports to trading desk, working on settling subscription and redemption queries, Singapore/HK creations and TLM reconciliation. Delay in foresaid activities have directly impact in creating daily penalties or complaints raised by client. Specially, creation orders versus client deliveries if booked in LDN-APAC zones have risk of VD buy-in if arrangement of moving stock is not in line.
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
Work on unmatched trades by contacting counterparties and middle office to solve economic and non-economic discrepancies. Updating cash/stock SSI and fixing location matrix from ODC for STP settlement
Performing inventory management on each ISIN to cover shorts by chasing c/p on receipts, requesting DRL team to move stock from one market to another and raising traded short ISIN to desk in designated format.
Working on unmatched/inventory management of iShares creations/redemptions booked during the day and receiving such communication from State Street who acts as our Authorize participant.
Action on settlement inventory task (TFSC,TFSA,CLSS) by agreeing reversal with c/ps or manual settlement of trade.
Instructing manual swifts (MT540,541,542,543) through FMS in cases such as net off, reversal, dupe settlement.
Clearance of nostro and depot TLM breaks by performing required level of investigation and raising issue to appropriate teams.
Preparation of risk reports like SOD, EOD, DB MI to share open risk with management.
Knowledge about CASS, CSDR and other regulatory changes and its applicability to day to day operations.
Pre-matching of trades with CPTY / inventory management / clearing and settlement of trades
Monitor and confirm incoming funds for timely settlement in compliance with market practice
Closely work with Risk Team, Middle Office and Front Office to push payments from their queue and assist in resolving payment issues and exceptional items
Handle client queries including ad-hoc queries via phone and email
Pro-actively chase counterparties and relevant groups in resolving non receipt of funds or payment issues and trade settlements issues.
Understand the importance of managing issues and escalations
Perform counterparties SSI, Trade amendments and FX Bookings
Ensure & prepare the smooth settlements with Market and client / affiliate trades.
Arrange for stock borrow to avoid the fail to deliver the stock to the client
Calculating & confirming collateral balance of SBL and General Margin trades
Ensuring & preparing the smooth settlement of market trades and client / affiliate trades
Liaise with relevant teams for settlement inquiries relating to SBL equity transactions
Communicating with external/internal clients
Creating & sending various reports to on-shore units
Your skills and experience
Candidate/Applicant should have analytical and good problem solving, should have good communication and escalate any issues proactively.
The role requires extensive internal and external stakeholder communication.
Should be a team player
Flexible with shifts and be ready to take on additional responsibilities when needed.
The Ideal candidate should have a university degree or equivalent with 2-6 years of Investment Banking operations experience of which at least 2 years of experience in Equity Settlements managing European settlements.
Should have strong knowledge of trade life cycle and good understanding of Equities product and Business and European market nuances
Strong analytical skills, detail oriented, flexible to work in shifts and take additional responsibility when needed.
Very good verbal and written articulation/communication skills
Should be able to challenge status quo.
The ideal candidate should have hands on Experience in Trade settlements and should have managed Trade operations in the past, preferably for European markets.
Should have strong knowledge of trade life cycle and market nuances.
Good knowledge on various financial products like Cash Equities, Prime finance, Stock Borrow loan settlements etc.
Basic understanding of Conversions, Corporate actions and Securities static data
Proficient in MS office with specific concentration on MS Excel
Good analytical skills and trouble shooting skills
How we’ll support you
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
Job type
Full-time
Location
Jaipur, Rajasthan
Benefits
Pulled from the full job description
Health insurance
Full job description
Clearing and Settlement Operator
Job ID: R032+68+
Full/Part-Time: Full-time
Regular/Temporary: Regular
Listed: 2026-05-02
Location: Jaipur
Position Overview
In Scope of Position based Promotions (INTERNAL only)
Job Title: Clearing and Settlement Operator, NCT/Associate
Location: Jaipur
Role Description
ETF Rates Settlements does exception handling of DB and Non DB Issued securities for rates business. International Non DB Issued creators are mainly UBS, Blackrock (iShares) and Vanguard for which DB is one of the principal bank and has capability to create and redeem stock with State Street who act as an Authorized participant. This involves lot of stake and NAV sensitivity due to competition between similar products. Critical activities includes solving unmatched trades, prioritizing CCP deliveries, raising traded short ISIN through define reports to trading desk, working on settling subscription and redemption queries, Singapore/HK creations and TLM reconciliation. Delay in foresaid activities have directly impact in creating daily penalties or complaints raised by client. Specially, creation orders versus client deliveries if booked in LDN-APAC zones have risk of VD buy-in if arrangement of moving stock is not in line.
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
Work on unmatched trades by contacting counterparties and middle office to solve economic and non-economic discrepancies. Updating cash/stock SSI and fixing location matrix from ODC for STP settlement
Performing inventory management on each ISIN to cover shorts by chasing c/p on receipts, requesting DRL team to move stock from one market to another and raising traded short ISIN to desk in designated format.
Working on unmatched/inventory management of iShares creations/redemptions booked during the day and receiving such communication from State Street who acts as our Authorize participant.
Action on settlement inventory task (TFSC,TFSA,CLSS) by agreeing reversal with c/ps or manual settlement of trade.
Instructing manual swifts (MT540,541,542,543) through FMS in cases such as net off, reversal, dupe settlement.
Clearance of nostro and depot TLM breaks by performing required level of investigation and raising issue to appropriate teams.
Preparation of risk reports like SOD, EOD, DB MI to share open risk with management.
Knowledge about CASS, CSDR and other regulatory changes and its applicability to day to day operations.
Pre-matching of trades with CPTY / inventory management / clearing and settlement of trades
Monitor and confirm incoming funds for timely settlement in compliance with market practice
Closely work with Risk Team, Middle Office and Front Office to push payments from their queue and assist in resolving payment issues and exceptional items
Handle client queries including ad-hoc queries via phone and email
Pro-actively chase counterparties and relevant groups in resolving non receipt of funds or payment issues and trade settlements issues.
Understand the importance of managing issues and escalations
Perform counterparties SSI, Trade amendments and FX Bookings
Ensure & prepare the smooth settlements with Market and client / affiliate trades.
Arrange for stock borrow to avoid the fail to deliver the stock to the client
Calculating & confirming collateral balance of SBL and General Margin trades
Ensuring & preparing the smooth settlement of market trades and client / affiliate trades
Liaise with relevant teams for settlement inquiries relating to SBL equity transactions
Communicating with external/internal clients
Creating & sending various reports to on-shore units
Your skills and experience
Candidate/Applicant should have analytical and good problem solving, should have good communication and escalate any issues proactively.
The role requires extensive internal and external stakeholder communication.
Should be a team player
Flexible with shifts and be ready to take on additional responsibilities when needed.
The Ideal candidate should have a university degree or equivalent with 2-6 years of Investment Banking operations experience of which at least 2 years of experience in Equity Settlements managing European settlements.
Should have strong knowledge of trade life cycle and good understanding of Equities product and Business and European market nuances
Strong analytical skills, detail oriented, flexible to work in shifts and take additional responsibility when needed.
Very good verbal and written articulation/communication skills
Should be able to challenge status quo.
The ideal candidate should have hands on Experience in Trade settlements and should have managed Trade operations in the past, preferably for European markets.
Should have strong knowledge of trade life cycle and market nuances.
Good knowledge on various financial products like Cash Equities, Prime finance, Stock Borrow loan settlements etc.
Basic understanding of Conversions, Corporate actions and Securities static data
Proficient in MS office with specific concentration on MS Excel
Good analytical skills and trouble shooting skills
How we’ll support you
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
💡 Quick Summary
Seeking a career-building opportunity? The Clearing and Settlement Operator position is now open for candidates interested in the Operator & Technician Jobs sector. This role in Jaipur 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 Operator & Technician Jobs is a plus.
