Settlements Manager

About the Role

This role involves overseeing and optimizing the end-to-end settlements process, ensuring timely and accurate execution while adhering to regulatory standards. The ideal candidate will possess robust leadership skills to manage a team and drive efficiency improvements.

Key Responsibilities

- Ensure all trade details are pre-matched prior to settlement to minimize the risk of discrepancies.
- Implement and adhere to the fails management system to promptly address and resolve any discrepancies encountered during the settlement process.
- Supervise the entire settlements process to ensure timely and precise execution, adhering to all regulatory and compliance standards.
- Conduct thorough reconciliations to validate the integrity of financial records, swiftly identifying and addressing discrepancies.
- Proactively identify and implement opportunities for efficiency enhancements in settlement processes, focusing on streamlining operations and reducing operational costs.
- Manage Securities Borrowing and Lending (SBL) collateral processes to ensure proper handling and compliance with regulatory requirements.
- Efficiently manage the conversion processes for American Depositary Receipts (ADR)



and Global Depositary Receipts (GDR), ensuring timely execution and compliance.
- Actively participate in project initiatives and User Acceptance Testing (UAT) to ensure new systems, processes, and tools align with business requirements and enhance operational effectiveness.

Requirements

- Graduate with at least 5 years of experience in the securities, banking, or a related industry.
- At least 2 years of team handling experience.
- Strong knowledge of US Equities, DTC workflow, and 23*5 market operations, including relevant practices and trends. Knowledge of European, Asian equity, and fixed income products is an added advantage.
- Excellent communication and interpersonal skills for interaction with senior management.
- Ability to work in Asia / EU / US shifts depending on work requirements.
- Ability to multitask and manage priorities effectively.
- Capable of building rapport with management, local offices, brokers, and clients.
- Self-motivated with a strong eagerness to learn and take on challenges.
- Proactive in pursuing growth opportunities and mentoring others while managing risks and adapting to changes in project management.

📌 Manager, Securities Settlement, Setclear with Multinational Institutional Brokerage and Investment Services (Pune)
🏢 CLSA
📍 Pune