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 strong 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 accurate 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 recent 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 robust 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
🏢 Riverforest Connections
📍 Pune