Job Description

Department: BSO

About Business line/Function: Local settlements

Position Purpose: As an Associate in the Local Settlements team, you will take ownership of end‑to‑end trade settlements across multiple markets, applying your solid grasp of the trade life‑cycle, clearing and settlement processes. Building on the foundation laid by junior analysts, you will lead the most critical settlement activities, mentor newer team members and act as the primary liaison between traders, custodians and external settlement centers. The role offers deep exposure to a variety of asset classes and products, allowing you to sharpen your expertise in clearing, custody and post‑trade operations while driving efficiency and risk mitigation. If you are ready to expand your technical knowledge, influence process improvements and become a go‑to expert in settlement operations, this position is the next step in advancing your career.

Responsibilities

Direct Responsibilities
- Clearing and Settlement Process:
- Execute end-to-end trade capture,



ensuring every client instruction is entered accurately into the settlement system and transmitted to the relevant market terminal without exception.
- Coordinate with internal teams (operations, front office, IT) and external partners (custodians, market participants) to resolve static data, account set up, and manager level queries, guaranteeing uninterrupted settlement flows.
- Monitor inbound client trades, release them to the market, and provide real time status updates—including discrepancy identification, short position and cash reporting—while tracking the trade journey from market terminal to the BNP internal system.
- Perform systematic reconciliation between market terminal outputs and BNP records, confirming that no variance exists and documenting any exceptions for immediate remediation.
- Conduct pre-matching engagements with counterparties via phone or email to confirm trade details and enhance settlement efficiency.
-

📌 Settlement Officer (India)
🏢 Bnp Paribas Bank
📍 India