We are hiring for Clearance & Settlement Specialist for one our client
Exp-1-2 Years
Domian- European Market
Location- Gurgaon
Work Mode- Hybrid
Shift- Rotational
Job Description
About the Role:
We are looking for a detail-oriented Clearance & Settlement Specialist to join our operations team. This role involves managing the end-to-end trade life cycle, resolving settlement issues, and ensuring accurate and timely processing of security transfers.
The ideal candidate will have strong operational expertise, knowledge of SWIFT messages (MT 500-599), and the ability to provide both customer and operational support.
Key Responsibilities:
– Manage the end-to-end trade life cycle, including trade capture, matching, clearing, and settlement.
– Resolve settlement breaks, discrepancies, and operational issues related to securities transfers. – Monitor and process SWIFT messages (MT 500-599) accurately and efficiently.
– Liaise with internal teams, brokers, custodians, and counterparties to ensure smooth settlement processes.
– Provide operational support for both customer-related queries and internal escalations.
– Maintain accurate records and prepare reports related to settlements and reconciliations. – Identify process gaps and recommend improvements to enhance settlement efficiency
Required Skills & Experience: –
Strong understanding of the securities trade life cycle (equities, ETFs, bonds, etc.).
– Experience handling settlement issues and security transfers.
– In-depth knowledge of SWIFT messaging standards, particularly MT 500-599.
– Prior experience in operations or back-office roles within a brokerage or wealth management environment.
– Strong analytical and problem-solving skills.
– Excellent communication skills to coordinate with multiple stakeholders.
– Detail-oriented with the ability to manage multiple tasks under tight deadlines
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