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, robust 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 SOPsfor 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 & StakeholderLeadership
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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,

📌 Lead - Otc Operations (Alibag)
🏢 Nuvama Private
📍 Alibag