Asl

**ASL**:
**Job ID**:R0339970

**Full/Part-Time**:Full-time

**Regular/Temporary**:Regular

**Listed**:2025-01-10

**Location**:Bangalore

**Position Overview**:
**Job Title: ASL, Associate**

**Location: Bangalore, India**

**Role Description**
- Clearing and Settlement is responsible for managing the end-to-end clearing and settlement process.
- This is to ensure smooth and timely market settlement of securities and cash transfers between the bank and its counterparty.

**Work includes**:

- Supporting interaction between internal and external stakeholders involved in the clearing and settlement process chain
- Allocating assets to optimize the portfolio strategically
- Ensuring adherence with market standards
- Clearing and settling through both primary and secondary markets and direct payments

**What we’ll offer you**

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above

**Your key responsibilities**
- Reconcile transactions/invoices by comparing and correcting data.
- Protect operations by keeping financial information confidential.
- Contribute to team effort by accomplishing related results as needed.
- Conduct reviews and evaluation for Cost Reduction Opportunities
- Produce accurate financial and Head Count forecasting reports within specified deadlines
- Manage budget including regular health-check reporting to GMO Management
- Gather, analyze and interpret external and internal data and write reports
- Work extensively (front to back) on Vendor Risk Management (VRM) workflows within stipulated deadlines
- Create Senior Management presentations as well as Management Summary reports/dashboards and deliver within stipulated time
- Close collaboration with UK & US teams
- MIS reporting and analysis of statistical data, inclusive search for new data source for evaluations and control of data.

**Your skills and experience**

The successful individual will have diverse experience of the financial sector in any of the following areas; Operations, risk/controls, quality assurance, compliance or audit and have experience managing deliverables & maintaining effective relationships with global senior management.
- Substantial and relevant experience in a global banking environment.
- Stock Lending, Collateral management or similar functions is preferred
- Strong communication and interpersonal skills.
- Strong analytical and problem-solving skills.

**Essential**
- Overall at least 10+ years of experience in the financial / banking sector including 4-5 years proven experience in Securities / Settlement functions.
- Profound knowledge and expertise on Agency Lending Operation & Business Management techniques
- Proven experience as business manager or relevant role
- Outstanding communication and interpersonal abilities
- Thorough understanding of diverse business processes and strategy development
- Ability to learn and understand new technologies
- Ability to employ sound decisions from previous job experience
- Ability to negotiate
- Ability to resolve issues creatively and in a timely manner
- Excellent time management skills
- Ability to develop and maintain solid working relationships.
- Excellent knowledge of MS Office (Word/Excel/Powerpoint), databases (e.g. MS Access, Excel Macro) and information systems
- Good understanding of research methods and data analysis techniques
- Experience in Global Banking industry
- Experience in people management preferable
- Self-driven working style
- Able to work under stress with high quality output
- Best in class working style - high quality consciousness.
- Excellent team worker, able to work in virtual global teams and a matrix organization
- Ability to work in fast paced environment, keep pace with technical innovation and maintain a broad understanding of the business offering
- Open minded, able to share information, transfer knowledge and expertise to team members

**Functional skills**
- Assisting the team in decision making and taking complete ownership of the situation
- Supervision on daily BAU which includes daily exposure management for equity trades for both underlying clients and counterparts. Booking cash collateral in and out from counterparties. Monitoring of same day equity trades ensuring settlement, releasing instructions for same day trades into the market, amending trades as per desk requests, processing of crest loans.
- Supervision on the aged equity trades to ensure settlement, amending trades as per desk requests, performing reconciliations tasks, processing of crest returns.
- Monitoring I