Vice President - Settlement - Trade Life Cycle/Securities Settlements - Bank

VP Settlement- Trade life cycle, Securities Settlements with Global Bank

Role: VP (VP to VP) must be in VP role for 5 years or more

Experience: 12+ years

Profiles from peer firms.

Education MBA or any Masters

Key Skills & Competencies:

A. Domain / Functional Skills:

1. Settlement Operations Expertise

- End-to-end understanding of trade life cycle ("pre-matching", matching, settlement, fails, exceptions).

- Experience handling multi-market / cross-border settlements.

- Strong grasp of settlement systems (e.g., SWIFT, Omgeo CTM, local clearing systems).

- Knowledge of corporate actions, buy-ins, and claims handling.

2. Financial Instruments Knowledge

- Equities, Fixed Income, Derivatives, and ETFs.

- Understanding of trade confirmations, cash & stock reconciliation, and custody processes.

3. Regulatory & Risk Awareness

- Familiarity with market regulations (e.g., T+1, CSDR, SEBI norms, etc.).

- Risk identification and mitigation during settlement.

- Exposure to control and audit frameworks.

4. Data & Analytical Skills

- Ability to perform root cause analysis for settlement fails.

- Proficiency with Excel, MIS reporting, and dashboards.

- Analytical mindset to manage exceptions, trade breaks, and reconciliations.

5. Client & Stakeholder Management

- Experience interacting with Front Office, Middle Office, Custodians, and Brokers.

- Ability to handle client escalations and deliverables under time pressure

If Interested please fill below details

A. Domain / Technical Questions

1. Walk me through the trade life cycle - where does settlements fit in?

2. What are the typical reasons for trade settlement fails? How do you investigate and resolve them?

3. Explain how pre-matching differs from settlement-day matching.

4. Describe your experience with multi-market settlements (e.g., Asia, US, or Europe).

5. How do you handle exceptions queues or unmatched trades (allegements)?

6. What are the key risks in the settlements process, and how do you mitigate them?

7. Have you managed corporate action-related settlements or buy-ins?

8. How do you ensure regulatory compliance during settlements?

9. What kind of MIS or control reports have you designed or reviewed?

10. Describe a time when you improved process efficiency or reduced settlement fails.