Job DescriptionThe Lead – OTC Operations will own end-to-end operations for Over the Counter (OTC) and unlisted products within Private Wealth Management. The role requires deep product knowledge, solid control discipline, and the ability to build and lead a specialized team across fixed income settlement, secondary AIF execution, and unlisted equity/CCPS and CCD transactions
nKey Responsibilities
nTrade Execution & Settlement
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- Own trade execution and settlement across OTC Fixed Income instruments, ensuring timely and accurate settlement.n
- Manage end-to-end execution for unlisted equity, CCPS, and CCD trades, coordinating with counterparties, custodians, and RTAs.n
- Coordinate with counterparty operations teams to resolve confirmation mismatches and settlement fails.n

nSecondary AIF Documentation & Execution
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- Drive documentation and execution for secondary AIF transactions, including assignment agreements, deeds of transfer, and KYC/AML checks on transferees.n
- Liaise with fund houses/AMCs and legal teams on transfer terms, valuations,



and compliance requirements.n

nControls & Governance
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- Implement 4-eye / 6-eye controls across the OTC trade lifecycle, with complete audit traceability.n
- Build and maintain SOPs for a low-frequency, high-complexity product set that does not fit standard STP flows.n
- Monitor and manage operational risk on counterparty risk and valuation risk for illiquid instruments.n

nTeam & Stakeholder Leadership
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- Build and lead a specialized team dedicated to Private Wealth OTC Operations, including capability development within the team.n
- Act as the primary point of contact across Relationship Managers, custodians, AMCs, legal, and compliance.n
- Manage vendor and counterparty relationships (custodians, RTAs, law firms) supporting OTC and unlisted transactions.n

nSkills & Experience Required
nProduct & Market Knowledge
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- Fixed income instruments (bonds, NCDs, structured deb

📌 Lead - OTC Operations (Maharashtra)
🏢 Nuvama Private
📍 Maharashtra