Clearing & Settlement Specialist wanted.
We are seeking a skilled professional to oversee daily trade clearing workflows. This includes pre-matching, confirmation, margin calls to fund/stock settlement and fails resolution.
* Maintain strong supervisory controls and manage escalations.
* Track KPIs/SLAs for error rates and processing timelines.
* Identify process breakdowns and implement re-engineered workflows.
* Strengthen control frameworks and monitor operational risks.
Key Responsibilities:
* Clearing & Settlement Management
* Oversee daily trade clearing workflows – from pre-matching, confirmation, MTM, margin calls to fund/stock settlement and fails resolution.
* Ensure accurate and timely generation of margin deficit files, pay-in/pay-out obligations, and Bhav/obligation reports
* Lead a team (~10–15 members), including recruitment, mentoring, performance appraisals, and cross-training.
This role requires 12+ years in share broking/clearing or banking operations, with 5+ years managing teams.
Strong understanding of SEBI, NSE, BSE, CDSL/NSDL regulations and circulars is required.
The ideal candidate will be proficient in tools like Shilpi or other stock-broking back-end systems, and have advanced MS Excel knowledge.
Benefits:
A competitive salary and benefits package is on offer.
Seniority level:
This role is for an Executive-level candidate.