Job Purpose

To drive effective governance, control, and continuous improvement of the settlement lifecycle by leveraging solid system knowledge, advanced Excel capabilities, analytical thinking, and problem-solving skills.

Duties and Responsibilities

- Govern and monitor end-to-end settlement closure processes, ensuring adherence to approved SOP.
- Review exceptional settlement closure cases requiring manual intervention.
- Validate settlement financials, waiver amounts, excess receipts, and closure eligibility prior to account closure.
- Ensure proper documentation and maintenance of audit trails for all settlement closure exceptions with tracker.
- Coordinate with Business, IT, Operations teams for resolution of settlement closure issues.
- Publish exception reports and governance MIS to management for effective oversight and monitoring.
- Possess comprehensive knowledge of settlement-related systems such as Indus, LMS - Pennant, DMS, B2B, and related applications used in the settlement lifecycle.




- Provide functional support for settlement-related system issues and coordinate with IT teams for resolution.
- Excel functions and formulas for data analysis, MIS preparation, reconciliation, and reporting.
- Perform data validation, cleansing, and reconciliation to ensure accuracy and completeness of business information.
- Develop and maintain trackers, dashboards, and reports for settlement, waiver, refund, closure, and exception monitoring.
- Strong analytical and logical reasoning skills.
- Support audit, compliance, and regulatory reporting requirements through structured data analysis.

Key Decisions / Dimensions

Significant autonomy in making transactional decisions with banks.

Major Challenges

To get the revert from IT for issues observed.

Required Qualifications and Experience

- Minimum Qualification: BCom
- Minimum 4 years of experience

📌 Deputy Unit Manager - Operations and Service (Pune)
🏢 Bajaj Finance
📍 Pune