Job Title: Clearance & Settlement Specialist
Location: Gurgaon
Salary: upto 8-9 LPA
Joining: Immediate Joiners Preferred
Transport: Cab Facility Available
About the Role: We are looking for a detail-oriented Clearance & Settlement Specialist to join our operations team. This role involves managing the end-to-end trade life cycle, resolving settlement issues, and ensuring accurate and timely processing of security transfers. The ideal candidate will have strong operational expertise, knowledge of SWIFT messages (MT 500-599), and the ability to provide both customer and operational support.
Key Responsibilities:-
- Manage the end-to-end trade life cycle, including trade capture, matching, clearing, and settlement.
- Resolve settlement breaks, discrepancies, and operational issues related to securities transfers.
- Monitor and process SWIFT messages (MT 500-599) accurately and efficiently.
- Liaise with internal teams, brokers, custodians, and counterparties to ensure smooth settlement processes.
- Provide operational support for both customer-related queries and internal escalations.
- Maintain accurate records and prepare reports related to settlements and reconciliations.
- Identify process gaps and recommend improvements to enhance settlement efficiency.
Required Skills & Experience:-
- Strong understanding of the securities trade life cycle (equities, ETFs, bonds, etc.).
- Experience handling settlement issues and security transfers.
- In-depth knowledge of SWIFT messaging standards, particularly MT 500-599.
- Prior experience in operations or back-office roles within a brokerage or wealth management environment.
- Strong analytical and problem-solving skills.
- Excellent communication skills to coordinate with multiple stakeholders.
- Detail-oriented with the ability to manage multiple tasks under tight deadlines
