Deputy Manager

NSE

1 - 3 years

Chennai

Posted: 4/22/2025

Job Description

Role Description for: Role - Function

Role Title

Deputy Manager

Function

MFSS settlement

Reports to – Functionally

AVP

Reports to – Administratively

 

Direct Reporting From

 

 

 

 
I.     Purpose of the role:

 

The role is for settlement operations in the mutual fund team of NSE Clearing Ltd. The position will be in Mumbai/Chennai.

 

II.     Key Responsibilities (This should reflect the process/sub-process in which the position plays a role and specifically indicate the actions to be taken. Please include a maximum of 8 key responsibilities)

 

Sr. No.

Key Responsibility

Descriptive Parameters

1.

Settlements

Performing settlements, interacting with Exchange, Banks, depositories, RTA and AMC.

Ensuring pay-in and payout is completed timely in adherence to the regulatory specifications

 

 

 

3.

Resolutions of queries

Resolution of queries raised by Trading members, AMC, RTAs, Exchange

4

Others

Maintaining MIS, reconciliation of accounts balances, Audit queries

Note:   Additional responsibilities may be added from time to time depending on organisational requirements.

III.     Collaboration – Internal & External          

Internal Stakeholder

External Stakeholder

MFSS – Trade Team; MFSS – BD Team

RTA, AMC, Depositories, Banks, Trading members 

 

IV.     Role Holder Requirements

Educational Qualifications

Essential

Desired

Experience

More than 2 years

Required Skills 

Excel, good written and verbal communication

Skills

(Nice to have)

 

Experience in mutual fund operations with RTA, AMC, Distributors

Business Knowledge (Nice to have)

About Company

The National Stock Exchange is India’s largest and most prominent financial market. It introduced a fully automated screen-based electronic trading system, bringing efficiency and transparency to capital markets. NSE operates a wide range of asset classes including equity, debt, and derivatives.

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