Job Opening: Settlement Executive – Brokerage Operations
Location: Vellore, Tamil Nadu
Experience Required: 2–3 Years
Industry: Finance / Stock Broking / Capital Markets
Employment Type: Full-Time
About the Role
We are looking for an experienced and detail-oriented Settlement Executive to join our finance-based organization in Vellore. The ideal candidate should have hands-on experience in brokerage operations, clearing and settlement activities, and must possess strong knowledge of NSDL and CDSL (DP) operations along with capital market settlement processes.
Key Responsibilities
- Handle daily trade settlements for equity and other market segments.
- Manage clearing and settlement activities with accuracy and within defined timelines.
- Perform client fund and securities reconciliation.
- Coordinate pay-in and pay-out processes.
- Handle depository operations related to NSDL and CDSL accounts.
- Ensure smooth processing of client transactions and settlements.
- Monitor brokerage operations and resolve settlement discrepancies.
- Liaise with exchanges, clearing corporations, and depositories for operational activities.
- Maintain records and reports related to settlements and transactions.
- Ensure compliance with regulatory and internal operational guidelines.
Required Skills & Experience
- 2–3 years of experience in Settlement Operations or Brokerage Operations.
- Mandatory experience in NSDL and CDSL (DP) Operations.
- Strong knowledge of Clearing and Settlement processes.
- Prior experience in the Stock Broking / Financial Services / Capital Market industry is mandatory.
- Good understanding of securities settlements and reconciliation processes.
- Ability to work independently and manage operational deadlines efficiently.
Mandatory Requirements
- Brokerage industry experience is a must.
- Hindi speaking ability is mandatory.
- Candidates should be currently residing in Vellore or willing to relocate to Vellore immediately.
Preferred Candidate Profile
- Strong analytical and problem-solving skills.
- Good communication and coordination abilities.
- Attention to detail and high accuracy in operational activities.
- Ability to work effectively in a fast-paced financial environment.
Work Location: In person
