Transaction Management - Senior Associate –
On-siteMumbai, Maharashtra, India
Job Summary
Manage the complete settlement lifecycle for securities and cash transactions by monitoring queues, investigating unmatched trades, and executing corrective actions within market deadlines. Perform daily confirmation and matching of trades through electronic platforms, resolving discrepancies with brokers and trading desks while validating economic terms. Create, maintain, and validate standing settlement instructions and security master data, ensuring accurate maintenance of market reference records and resolving data exceptions. Adhere to operational risk standards, identify process gaps, and support audit and regulatory reviews. Act as a key contact for internal and external stakeholders, providing timely updates on critical trade issues and participating in service review meetings.
Required Qualifications
- Bachelor's degree in finance, Accounting, Economics, Business, Commerce, or related discipline
- 4 to 8 years of financial services experience
- Experience in Trade Settlements, Trade Confirmation, Static Data Management, Custody Operations, or Middle Office Operations
- Exposure to global securities markets and settlement practices
- Technical Knowledge: Equities, Fixed Income, FX, Money Market, and Derivatives products
- Trade lifecycle management
- Settlement and confirmation processes
- SWIFT Messaging (MT54x, MT599, MT3xx)
- Central Securities Depositories (CSDs) and International CSDs
- Settlement instruction management and market practices
- Reconciliation and exception management
- GTM
- CTM
- ALERT
- TradeSuite
- Bloomberg
- Aladdin
- Charles River
- Custody platforms
- SWIFT applications
- Microsoft Excel
- Power BI
- Trade lifecycle expertise
- Settlement risk management
- Static data governance
- Exception investigation
- Reconciliation analysis
- Regulatory awareness
- Strong analytical thinking
- Attention to detail
- Effective communication skills
- Stakeholder management
- Time management
- Decision making under pressure
- Team collaboration
- Client-centric mindset
Desired Qualifications
- Relevant industry certifications such as CFA, FRM, CISI, or investment operations certifications
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