Fund Administration

Trade Settlement - Officer/AM

Mumbai
Work Type: Full Time
About the Role – Trade Settlement 

• Reporting and settlement of debt trades with counterparties and custodian and matching with the contract note.
• Reporting, reconciliation and settlement of equity and derivatives trades.
• Tracking and processing of commodity trades and payments.
• Reporting offshore equity and overseas MF trade to custody and follow-up for settlement. Booking FX and making funds available.
• Tracking and reporting of trades on custody platform with cut-offs.
• Liaising with custody and banks for trade settlement and credit tracking.
• Sound understanding and execution on various types of corporate actions.
• Strong know-how on execution of Fund of Fund trades and international securities.

Expected from the role
• Work closely with custody, dealers and other stakeholders.
• Ensure proper documentation of business processes and controls wherever applicable.
• Gain technical knowledge of trades and treasury.
• Tracking Circulars issued by regulators - SEBI / RBI / Exchanges.

Competencies needed for the role
• Understanding on Capital Market operations and financial instruments– (equities, fixed income, collateral etc.)
• A strong team player
• Intellectual curiosity and desire to learn from others
• Strong ability to routinely work on multiple unrelated tasks while effectively prioritizing and keeping track of deadlines
• Good interpersonal and communication skills.

Years of Experience
5-7 Years of Handling Mutual Fund cashflow and Trades settlement

Educational Qualifications
MBA, MMS and similar preferably with specialization in the areas of Finance, Accounting etc.

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