Associate - Cash Equity Settlements

Job Title:
Associate

Date:
2025

Department:
Global Markets Operations - Securities settlements

**Location**:
Bengaluru

Business Line / Function:
Electronic equity - Security settlements

Reports to:
(Direct)

NA

Grade:
(if applicable)

Associate

(Functional)

Number of Direct Reports:
NA

Directorship / Registration:
NA

**POSITION PURPOSE**:
Primary responsibilities of the team includes:

- Settlement of Security transactions and associated products in a timely and cost effective manner
- Timely investigation into nostro and depot breaks
- Collectively working towards mitigation of operational and reputational risk by escalating in a timely and efficient manner
- Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades

**Responsibilities**

**Key Responsibilities**:

- Responsible for the settlement of security transactions & associated products booked in Calypso, on a timely and cost effective basis by:

- Ensuring all trades are instructed, matched & settled on a timely basis
- Sufficient addditional proirity to failing trades/ aged trades
- Working to reduce fails and/or potential fails by means of pairing off or partialing down deliveries
- Minimizing fails by means of partial deliveries where possible
- Pre-matching trades on a daily basis
- Ensure sufficient intimation is sent to Cash Management team manage funding for trades
- Responsible for solving Nostro and Depot reconciliation breaks on a timely basis:

- By investigating and, where possible, clearing all nostro breaks in reported by Securities Control teams
- By passing entries to the Calypso systems to clean up outstanding items on a timely basis
- By investigating and, where possible, rectifying all depot breaks on a timely basis reported by Securities Control teams
- By investigating and solving accounting breaks raised by Securities Control & Accounting teams
- Escalating items that represent operational risk to the direct Manager
- Contribute to the minimisation of settlement costs & operational risk:

- By becoming more risk aware and by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk
- Contribute to the overall successful running of the settlement department:

- By maintaining good working relationships with many stakeholders and escalating problems to appropriate management team promptly where required
- By maintaining good working relationships with various agents and custodians
- By communicating with, and assisting, other operational departments where needed
- Ensuring direct Managers are kept informed of any potential problems & issues where appropriate.

**Skills and competencies**:

- Ability to analyze and organize efficiently
- Adaptable to different working methods and dynamic international environment.
- Rigorous and proactive to reach excellence anytime
- Diligently follow the set procedures and Compliance policies
- Knowledge of financial markets and products, and easiness/expertise in dealing with MS Excel.
- Language skills required: Business English

**Experience Required**

Minimum of 1 year experience

**Skills Referential**

Behavioural Skills: (Please select up to 4 skills)
- Ability to deliver / Results driven

Ability to collaborate / Teamwork

Communication skills - oral & written

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop others & improve their skills

Choose an item.

Choose an item.

Education Level:
Bachelor Degree or equivalent

Experience Level:
At least 1 year

**Other/Specific Qualifications**(if required)