We are hiring for one of our clients based in Gurgaon for the role of Clearance & Settlements (Backend Operations).

Role Responsibilities:

Handle end-to-end trade settlement operations, including trade confirmation, matching, reconciliation, and reporting
Manage domestic and cross-border settlements across multiple markets
Coordinate with trading desks, brokers, custodians, and middle office teams to resolve settlement discrepancies
Work on AP (Against Payment) / FOP (Free of Payment) instructions
Monitor Nostro accounts to ensure sufficient funding for settlement obligations
Identify, analyze, and resolve unsettled and mismatch trades within defined TAT
Ensure settlement activities comply with regulatory and operational guidelines
Maintain accurate records and support process improvements to enhance efficiency and reduce operational risk

Required Skills & Experience:

Minimum 6 months of relevant experience in Clearance & Settlements / Trade Operations / Middle Office
Strong understanding of the trade lifecycle (confirmation, matching, settlement)
Hands-on experience in reconciliation and exception handling
Exposure to SWIFT messaging and global custodians (Euroclear / Clearstream preferred)
Knowledge of T+1 / T+2 settlement cycles
Ability to coordinate with multiple stakeholders and meet strict deadlines

Clearance & Settlement- Immediate Joiners only