Head - Trade Settlement & Depository Operations - Banking

A proactive team member to work in the Operations team with primary responsibility for Securities Settlements, Depository Operations and Regulatory Reporting across our growing all segments.

a) Role description:

- Handling Exchange Trade settlement Process of T, T+1, T+2 day including Auction process and Closeout.

- Securities Payin and Payout, Auction Process

- Ensure timely confirmation of Early Payin of Securities.

- All sorts of reporting to exchange.

- Collateral management and margin monitoring at exchange.

- Co-ordination with exchange regarding settlement related issues

- Understand client requirements with respect to confirmations and various reporting.

- Participate in various internal and external Audits

- Ensuring Smooth processing of trade settlements with exchange and clients

- Daily margin reporting to the exchange.

- CDSL Depository Operations and its compliance

- Processing of DIS, DRF and Billing of CDSL and its GST.

b) Role Attributes:

- Knowledge of risks and compliance aspects as a NSE and BSE broker.

- Good understanding of the securities settlement process.

- Will need to liaise with Trading team, Clients, Settlement Banks, Depository Participants, Vendors and other internal teams.

c) Other Attributes:

- Good oral and written Communication skills

- Strong character with excellent interpersonal skills

- Pro-active with a strong work ethic and ability to work to tight deadlines

- The candidate will need to have or appear for Securities Operations and Risk Management Certification: NISM SORM VII.