Spl'st, Settlements

Job Summary

• To have a good knowledge about the product (Equities and Fixed income) and understand the Trade life cycle.. Relevant experience is added advantage.

• To ensure the trades are prematched in timely manner and status updated to client/Agent/Brokers within agreed timelines.

• Ensure to inform clients/Brokers on the amendments required and follow up to get the same from client and brokers.

• Ensure Maker/Checker controls are strictly adhered to and ensure to follow the activities checklist.

• To identify and highlight the open risk areas in the process and highlight the same to management and work towards addressing the risk.

• Support risk and audit related activities

• Regular follow up with agents until trades gets settled in the market and relay the communication to client

Key Responsibilities

• To have a good knowledge about the product (Equities and Fixed income) and understand the Trade life cycle. To have a good knowledge on Mutual fund order process.

• To ensure the trades are prematched in timely manner and status updated to client/Agent/Brokers within agreed timelines.

• Ensure to inform clients/Brokers on the amendments required and follow up to get the same from client and brokers.

• Ensure Maker/Checker controls are strictly adhered to and ensure to follow the activities checklist.

• To identify and highlight the open risk areas in the process and highlight the same to management and work towards addressing the risk.

• High level team management. Ensure E2E BAU is completed by EOD. Any open/risk items to be mitigated accordingly.

• Work with Projects and technology team to automate the manual process.

• Stake holder management.

Processes

• Processing of Settlements transactions, Prematching of trades and Reporting of Trade Status,

• To ensuring that the trades are sent to market within stipulated cut off time and to ensure funding/reaptriation of funds are done.

• Checking of Funds and Holdings prior to settlements

• In case of Failed trades, the same have been updated with the correct reasons

• Ensure to book FX deal and confirm the rates to clients/Agents based on the SI from Clients/Agents.

• Contractual Settlements processing

• Ensure the open items in Suspense/Nostro/Stock reconcilations are properly remideated.

• BAU escalation handling

• Process improvement

Key Stakeholders

• Business partners across countries, Central operations, GBS SSO Management team and Larger SSO team.

Technical Skills

• Spot Opportunities

• Communication

• Collaborate

• Deliver Sustainably

• Achieve Results

• Solve Problems

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