Settlement Operations Associate

7 days ago

Mumbai Maharashtra, India Upstox Full time

Company: Upstox

Location: Mumbai

Work arrangement: 5 days in the office

**About Upstox**:
At Upstox, we’re building the future of investing — simple, powerful, and for everyone. We're one of India’s fastest-growing fintech platforms, backed by the best in the business, including Mr. Ratan Tata and Tiger Global, and on a mission to make wealth creation accessible to every Indian. From first-time investors to seasoned traders, millions trust us to power their financial journeys. We're not just moving fast — we’re moving with purpose. If you thrive in a high-energy, high-impact environment, you're in the right place.

**The Role**:
**What You'll Own**:
Manage Retail Trade Settlement, including equity pay-in/pay-out of shares

Oversee auction settlement and closeout processes

Handle corporate actions by identifying eligible clients and ensuring timely distribution of entitlements (Dividend, Bonus, Split, Sub-Division, Merger, Demerger, etc.)

Process pledge/unpledge requests of shares from clients

Support system enhancements through testing and implementation of back-office changes

Ensure timely and accurate regulatory reporting

Perform reconciliation of Demat holdings across Pool, CUSA, and other Demat accounts

Respond to client queries, audit queries, and inspection requirements

Liaise with internal teams and external stakeholders to resolve issues and drive improvements

**Who You Are**:
Graduate/Postgraduate in Finance, Commerce, or related field

Strong working knowledge of retail trade settlement across capital market products

Proficiency in MS Excel (knowledge of advanced functions preferred)

Familiarity with depositories, clearing corporations, and settlement cycles

Excellent problem-solving, communication, and coordination skills

Ability to work independently as well as in a team

Detail-oriented with a commitment to accuracy and timeliness

Openness to leveraging AI-driven tools and automation for enhancing efficiency in settlement processes

**Why This Role Rocks**:
You’ll work at scale — managing settlements and operations that power a fintech platform trusted by millions of investors.

You’ll embrace innovation — leveraging automation and AI-driven tools to streamline reconciliations, reporting, and client servicing.

You’ll have high ownership and visibility — directly influencing the efficiency, accuracy, and reliability of India’s capital market operations.

You’ll join a team of smart, driven professionals who thrive on solving complex operational challenges and driving excellence.

Every process you enhance will shape the way India invests — ensuring trust, transparency, and seamless execution for our clients.

I accept Upstox's Prospective Employee Privacy Notice.

Upstox is an Equal Opportunity Employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or other characteristics.

  • Associate - Cash Equity Settlements

    2 weeks ago

    Mumbai, Maharashtra, India BNP Paribas Full time

    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...

  • Settlements Operations

    2 weeks ago

    Mumbai, Maharashtra, India National Securities Depository Full time

    RoleExecutive - Settlements Operations QualificationInter CA/CS/ICWA/M.Com/MBA/PG or B. Com. Graduates will also be considered. - LocationMumbai Experienceminimum 2 yrs. Experience in capital market is necessary. Experience in settlements would be added advantage. - Settlement of various segments equity, Mutual Fund Debt and tender offer - Inter-depository...

  • Settlement Operations Associate

    6 days ago

    Mumbai, Maharashtra, India Upstox Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Company: Upstox Location: Mumbai Work arrangement: 5 days in the office About Upstox: At Upstox, we're building the future of investing — simple, powerful, and for everyone. We're one of India's fastest-growing fintech platforms, backed by the best in the business, including Mr. Ratan Tata and Tiger Global, and on a mission to make wealth creation...

  • Settlement Operations Associate

    6 days ago

    Mumbai, Maharashtra, India UPSTOX Full time ₹ 5,00,000 - ₹ 8,00,000 per year

    Company: UpstoxLocation: MumbaiWork arrangement: 5 days in the officeAbout Upstox:At Upstox, we're building the future of investing — simple, powerful, and for everyone. We're one of India's fastest-growing fintech platforms, backed by the best in the business, including Mr. Ratan Tata and Tiger Global, and on a mission to make wealth creation accessible...

  • Settlement Operations Associate

    7 days ago

    Mumbai, Maharashtra, India Upstox Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Company: UpstoxLocation: Mumbai Work arrangement: 5 days in the officeAbout Upstox:At Upstox, we're building the future of investing — simple, powerful, and for everyone. We're one of India's fastest-growing fintech platforms, backed by the best in the business, including Mr. Ratan Tata and Tiger Global, and on a mission to make wealth creation accessible...

  • Clearing and Settlement

    2 weeks ago

    Pune, Maharashtra, India Deutsche Bank Full time

    **Clearing and Settlement - Associate**: **Job ID**:R0393941 **Full/Part-Time**:Full-time **Regular/Temporary**:Regular **Listed**:2025-09-04 **Location**:Pune **Position Overview**: **Job Title: Clearing and Settlement - Associate** **Location: Pune, India** **Role Description** Clearing and Settlement is responsible for managing the end-to-end...

  • Custody Operations

    7 days ago

    Mumbai, Maharashtra, India JPMorganChase Full time

    **JOB DESCRIPTION** Are you ready to lead and innovate in the world of Direct Custody and Clearing? As an Associate, you'll play a crucial role in managing end-to-end custodian services and ensuring operational excellence. Join us to leverage your expertise, collaborate with a diverse team, and contribute to the growth of our operations. We offer a platform...

  • Associate- - Pl Settlements

    2 weeks ago

    Maharashtra, India BNP Paribas Full time

    About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...

  • Associate Level 1

    7 days ago

    Mumbai, India BNP Paribas Full time

    **Job Description Senior Associate (Local Settlements)** Job Title: Associate L1 Date: Department: Local Settlements **Location**: Chennai Business Line / Function: BSO Reports to: (Direct) Assistant Manager Grade: (if applicable) (Functional) Number of Direct Reports: Directorship / Registration: **Position Purpose**: The role of an Associate /...

  • Listed Derivative Clearing and Settlement Operation

    5 days ago

    Mumbai, Maharashtra, India Deutsche Bank Full time

    **Listed derivative clearing and settlement operation**: **Job ID**:R0355457**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-12-04**Location**:Mumbai**Position Overview**: **Job Title - **Listed derivative clearing and settlement operation, Associate** **Location - **Mumbai, India** **Role Description** This specialized position...