Manager- Cleraing support

Mumbai - India

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

The job posting is outdated and position may be filled

Job Summary

A Clearing Support role in a stock exchange involves handling the confirmation settlement and delivery of transactions. Here are the key responsibilities and requirements:

*Key Responsibilities:*

- *Trade Settlement*: Ensure timely and accurate settlement of trades managing the exchange of securities and funds between buyers and sellers.

- *Risk Management*: Assist in managing risks associated with trading activities including monitoring and reporting potential issues.

- *Clearing Operations*: Handle clearing-related tasks such as confirming trades calculating settlement obligations and managing collateral.

- *Customer Support*: Provide assistance to traders brokers and other stakeholders regarding clearing and settlement processes.

*Requirements:*

- *Financial Knowledge*: Understanding of financial markets trading and clearing processes.

- *Attention to Detail*: Accuracy and attention to detail in processing trades and settlements.

- *Analytical Skills*: Ability to analyze data and identify potential issues.

- *Communication*: Effective communication skills for interacting with traders brokers and other stakeholders.

*Regulatory Framework:*

- *SEBI Regulations*: Clearing corporations in India are governed by SEBI regulations which require a minimum net worth of 100 crore for incorporation.

- *Risk Management Committee*: Clearing corporations must establish a risk management committee to oversee risk management practices

A Clearing Support role in a stock exchange involves handling the confirmation settlement and delivery of transactions. Here are the key responsibilities and requirements: *Key Responsibilities:* - *Trade Settlement*: Ensure timely and accurate settlement of trades managing the exchange of sec...