Posted by Deutsche Bank is a leading global investment bank with a strong European network. Our Corporate Finance business provides the full range of advisory and financing products and services of a leading global investment bank.
Clearing and Settlement Analyst
Location: Pune, India
Open to consider fresher candidates
Experience range: 0 to 1 Year
Maximum monthly CTC (Excluding service fees and GST): INR 42,000
Project duration: 6 Months
Job description:
The Clearing and Settlement Analyst is accountable for managing the end-to-end clearing and settlement process; ensuring smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. This includes clearing and settlement through primary and secondary markets, or direct payment to clients and banks.
Job Responsibilities
Working with brokers, custodians to settle trades in a timely manner.
Investigation of trades if any discrepancies and should reach out to respective teams/brokers for necessary corrections.
Escalating to Front office for unsettled trades as per escalation matrix.
Preparation of daily and monthly reports for outstanding trades/breaks on timely basis.
Preparation of monthly KPI and Give up fees report.
Ensure team adherence to all cut-off times and quality of processing as maintained in SLA.
Ensure that all queries/first level escalations related to routine activities are responded to within the time frames pre-specified.
Ensure healthy and harmonious relationship with the clients, partner teams as well as with own team