Senior Analyst- Settlements Management

Senior Analyst- Settlements Management Banking operations processing Permanent contract Bangalore, India Hybrid Reference OZ Start date Immediately Publication date 2025/10/24 Responsibilities Responsibilities: Responsible for pre and post settlement of OTC derivatives trades Ensuring all post settlement breaks are cleared within a reasonable time. Able to understand the various manual payments which are done from SWIFT ( 103, 202 ,202COV) Good knowledge on manual payment SWIFT creation. Able to understand the various breaks occurring in Nostro ( Statement v/s ledger recon ) Able to understand the lifecycle of FIC products. Should have knowledge on FIC products. Ex. FX, MM, IRD, CDS, Options etc. Any ad-hoc duties that may be assigned by management Ability to handle, escalate & resolve queries in a timely manner Builds a strong depository of the Operations and Domain knowledge in the team To actively be involved in creating/ capturing process updates/ workflows pertaining to business & process To perform route cause analysis of errors and suggest/ implement controls in consultation with the Supervisor/ Manager To provide training sessions to new joiners and existing partners in the team To actively work on identifying and implementing process improvements in consultation with the Supervisor To initiate and lead team building activities within the team To actively participate in Audits/ BCP exercises and to help the supervisor to ensure awareness in the team To manage the sensitive clients and escalate to managers/FO in order to meet Fed Target Perform affirmation of deal details with counterparties via phone (ensure that contact person name, direct number, date and time of affirmation are clearly indicated on the ticket).  Ensure that all payment messages are generated successfully. Ensure that all relevant payment messages are authorized and released before the currency cut-off time. Creation and release of any new, amendment or cancellation payments, whenever necessary.  Coordinate closely with MO TSU for any payments related issues rollover deals, unusual payment instructions etc.  Cross train and support other members in the team. Provide backup to other members of the team during holiday.  Participate in projects or UATs, whenever required.  Ensure quality of supporting data for permanent supervision of accounts including monthly reconciliation of all treasury sub systems (including spreadsheets) to general ledger  Ensure that policies, procedures, best practices, mission and objectives set by management are adhered to on daily discharge of duties. Profile required KEY SKILL AREAS & KNOWLEDGE REQUIRED: · Minimum 1 – 3 years of processor/senior processor experience in a high volume, exceptions/manual and time bounded processing. · A sound knowledge of FX, MM and derivative products like Equity, Rates, Credits, Options. · Sound knowledge on payment processes and currency/country specificities · Competency in using the various applications in end to end processing of settlements. · Strong understanding of the trade lifecycle and various stakeholders & cross impact at each stage. · Familiar with a variety of common desktop applications such as: Microsoft Excel, Word, outlook and Internet browsers. · Good problem solving skills. · Keen and quick to learn, inquisitive nature, meticulous, motivated individual Why join us “We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.