Associate Manager & Manager - OTC Settlement and Collateral

Office Location- Mumbai - Airoli

Role Summary

We are seeking a highly motivated and experienced qualified to join our Capital Markets Operations team as an Assistant Manager / Manager.

The role will be responsible for end-to-end OTC Derivatives Operations, including trade lifecycle management, pre and post-settlement activities, Nostro reconciliations, collateral management, margin call processing, dispute resolution, and corporate actions. The ideal candidate should possess solid operational expertise, stakeholder management skills, and hands-on experience in driving automation initiatives using AI, Agentic Bots, and Intelligent Process Automation solutions.

Key Responsibilities

OTC Operations & Settlement
Manage end-to-end OTC trade lifecycle processes across various asset classes including FX, Equities, Rates, and Credit Derivatives.
Oversee pre-settlement and post-settlement activities, ensuring timely and accurate settlement of trades.
Investigate and resolve settlement failures, breaks, and operational discrepancies.

Nostro Reconciliations




Perform daily cash and securities Nostro reconciliations.
Investigate reconciliation breaks and coordinate with counterparties, custodians, and internal stakeholders for timely resolution.
Ensure aging items are minimized and tracked through closure.
Prepare MIS and reconciliation metrics for management review.

Collateral Management & Margin Operations
Manage collateral allocation, optimization, substitutions, and collateral movements.
Oversee daily variation margin, initial margin, and regulatory margin calculations.
Process and validate margin calls with counterparties.
Ensure compliance with ISDA, CSA, and regulatory requirements.
Monitor collateral exposures and mitigate settlement and counterparty risks.

Dispute Management
Investigate and resolve margin and valuation disputes with counterparties.
Track dispute aging and implement root cause analysis to prevent recurring issues.
Maintain comprehensive documentation and audit trails.

📌 Associate Manager & Manager Otc Settlement And Collateral Mumbai
🏢 SSu0026C TECHNOLOGIES
📍 Mumbai