Settlement Officer

7 days ago

Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 2,50,000 - ₹ 7,50,000 per year

Position Purpose

We are seeking a reliable and detail-focused Officer to support day-to-day post-trade operations across APAC and EMEA markets. This role plays a critical part in ensuring accurate and timely trade settlements, with specific attention to pre-matching, exception handling, and reconciliation tasks. The role demands strong process execution, control adherence, and timely escalation of trade-related issues. This role gives the opportunity to learn about different markets, the products offered and the nature of settlement. This position serves as a base to master the Clearing & Custody activities.

Key Responsibilities

Trade Processing & Pre-matching:

Processing client instructions into settlement system without any error and processing to market terminal. (from trade capture to smooth settlement)

Monitoring client execution and providing timely reporting to clients on status and short positions.

Keeping clients posted on the latest status of their trades with BNP, ensure to provide real time update with MT548 (Swift Message) for any mismatch or discrepancy with the trades.

Liaising with the counterparties for pre-matching over the phone/email to enhance smooth settlement.

Liaising with various internal and external stakeholders for any static requirement/setup/account manager follow-ups to ensure the trade settlement has no impact.

Monitoring client trades and market terminal close to respective market cut-off for any last-minute requirements or adjustment in transactions.

Risk Management:

Margin call monitoring and processing/posting for shortages on same day.

Prepare MT103/ MT202 payments related to margin posting and ensure SSIs are being validated with effective controls.

Preparation of Journal posting for Fees/Maintenance with Settlement Bank/ Interest Charges.

Reconciliation Break & Resolution:

Perform daily cash and securities reconciliations between internal ledgers and custodian/clearing house statements.

Assist in breaks investigation and resolution by identifying booking errors, missing instructions, or funding gaps.

Keep regular follow-ups on long pending breaks and provide periodic feedback. Escalate to management if its been pending for more than the given agreed period.

Fails Management:

Investigate settlement failures caused by incorrect SSIs, short positions, or unconfirmed trades.

Follow up with brokers, custodians, and internal stakeholders to ensure prompt fail resolution.

Investigate fail trades and report to client with exact failing reason on daily basis.

Generic:

Familiar with Swift Messages (MT54X, MT599)

Knowledge on Depository/ Custody and stock market functions.

Perform daily and monthly duties as required by the team for audit purposes.

Ensure all the tasks are covered for the day and the same has been updated in daily checklist tool.

Working knowledge in trade life cycle and end-to-end settlement process is added advantage.

Technical & Behavioral Competencies

Demonstrate analytical and Problem-solving skills, Numerical Skills, basic knowledge in

MS Excel (macros and visual basic)

Good interpersonal skills and the ability to multitask in a demanding and fast paced environment.

Proven ability to manage time critical and deadline orientated workload.

  • Charles River IMS Middle Office

    1 week ago

    Chennai, Tamil Nadu, India Ionixx Technologies Full time ₹ 60,00,000 - ₹ 1,20,00,000 per year

    Charles River IMS Middle Office & IBOR Consultant (Contract)Location: RemoteDuration: 36 months (extendable)Role SummaryRemote We are seeking a Charles River IMS Middle Office & IBOR Consultant to manage post-trade workflows and the Investment Book of Record (IBOR) within CRIMS. The consultant will ensure accurate trade processing, settlement, cash, and...

  • SCF Operations Officer

    5 days ago

    Chennai, Tamil Nadu, India Karur Vysya Bank(KVB) Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    Transaction for daily disbursement and settlement (Operations are handled centrally at TBG for all the branches).Limits on boarding & Updating of Limit maintenance activities for fresh /renewal/provisional extension.On-boarding of new customers in WCH platform whenever new sanctions obtained (Both program level on boarding and also at counter party level...

  • Marketplace Settlements Specialist

    2 weeks ago

    Chennai, Tamil Nadu, India ACV Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    If you are looking for a career at a dynamic company with a people-first mindset and a deep culture of growth and autonomy, ACV is the right place for you Competitive compensation packages and learning and development opportunities, ACV has what you need to advance to the next level in your career. We will continue to raise the bar every day by investing in...

  • Marketplace Settlements Specialist

    1 week ago

    Chennai, Tamil Nadu, India ACV Auctions Full time ₹ 2,50,000 - ₹ 7,50,000 per year

    If you are looking for a career at a dynamic company with a people-first mindset and a deep culture of growth and autonomy, ACV is the right place for you Competitive compensation packages and learning and development opportunities, ACV has what you need to advance to the next level in your career. We will continue to raise the bar every day by investing in...

  • Associate Level 1

    2 weeks ago

    Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    Position Purpose candidate will be responsible for performing and covering daily exposures related to Collateral Management with multiple clients. Resource will work on the daily tasks, monitor the client portfolio, and will report directly to the Team Manager of the Collateral process. The staff will be working closely with Paris management, Relationship...

  • Associate Level 1

    1 week ago

    Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    Position PurposeProvide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the teams goal.Associate Level 1 and Sr. Associate will be responsible for performing daily tasks related to Collateral & Settlements process carried out in the Agency lending department. He/ She will work on...

  • Recovery Officer

    7 days ago

    Chennai, Tamil Nadu, India Repco Home Finance Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    REPCO HOME FINANCE LTD (Promoted by REPCO Bank - Govt of India Enterprises) Corporate Office: 3rd Floor, Alexander Square, New No: 2(Old No 34&35) Sardar Patel Road, Guindy, Chennai PH: HRD PH: , __________________________________________________________________________________ Repco Home Finance Limited (RHFL) established in the year 2000, a housing...

  • Associate Level 1

    1 week ago

    Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Position PurposeAssociate / Senior Associate will be responsible for performing daily tasks related to Collateral / Billing / Settlements function carried out in the Principal lending department. He/ She will work on the daily tasks, monitor the settlement / agreeing collateral or monthly billing and will report directly to the Assistant manager of the...

  • Associate Level 1

    2 weeks ago

    Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    About Business line/Function:Job Title: Associate Level 1Department: AFS - MOLocation: MumbaiPosition PurposeBNP Paribas India Solutions provides services to global clients in the Asian region and some follow-the-sun activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management,...

  • Billing Specialist

    1 week ago

    Chennai, Tamil Nadu, India ZEBU Share and Wealth Managements Pvt. Ltd Full time ₹ 4,00,000 - ₹ 6,00,000 per year

    Job Title: Management Trainee - Finance (Depository ParticipantExperience - 0-1 YearsLocation - Chennai( Work From Office )Employment Type - Full TimeJoining -Immediate Joiners PreferredJob Summary:We are looking for aManagement Trainee -DP to join our finance team. The role involves handling tasks related to securities, demat accounts, and settlement...