Job Description
1. Equity Trade Pre-matching; Ensure that all trades are 100% pre-matched and settled within market/client deadlines
2. Equity Trade Confirmation & Trade Affirmation-
- Ensure timely affirmation and dispatch of trade confirmation on T+0.
- Ability to draft manual paper confirmation of equity trades in exceptional circumstances.
- Liaise with brokers/dealers/Counterparties/Front Office in the event of non-receipt of confirmations/ trade discrepancies
3. Trade Settlement-
- Timely process/authorize Trade settlement instructions(DTC/FED, EUROCLEAR, Cross-border trades) New Issues settlement, Netting ,Pair offs, Trade Partials etc
- Effectively process settlement of Equity trades and manage the various settlement queues with strict adherence to currency cut-offs and mitigating issues in timely manner
- Prioritize the trades as per market cut off time and Value to avoid any Buy-in execution.
4. SWIFT Processing-
- Processing/Authorizing of swift messages MT 103, MT 202,MT 540-543, MT 599 etc
- Accurate processing of payments, coupon, custodian fees, etc
5. Fails Management
- Ensure timely matching, stock borrowing requests, fail coding, fails chasing and narration.
- Ensure prompt follow-up on failed trades/transfers/short positions and resolve failed trade queries proactively and also
- Timely escalate exceptions and failed transaction to appropriate stake holders for early resolution.
Candidates can share resume on Mo*****2@he*****e.com
Job Classification
Industry: Financial Services
Functional Area: BFSI, Investments & Trading,
Role Category: Investment Banking, Private Equity & VC
Role: Investment Banking, Private Equity & VC
Employement Type: Full time
Education
Under Graduation: Any Graduate
Post Graduation: Medical-MS/MD in Gyneocology
Doctorate: Any Doctorate
Contact Details:
Company: HEXAWARE TECHNOLOGIES LIMITED
Address: M/s. Loma Co Developers 1 Pvt. Ltd. SEZ, IT, Building, Block No. 01, Q1, 6th and 7th Floor,, Level 2 and 3, Plot No. G-4/1, TTC Industrial Area, Thane Belapur Road, Ghansoli, Navi Mumbai, Thane, NAVI MUMBAI, Maharashtra, India
Location(s): Mumbai
Keyskills:
Equity Settlement
DTC
Trade Settlements
failed trades
trade confirmation
Equity Trade Prematching
equity trade settlements
trade prematching
trade capture
trade matching
Trade Support
Trade Processing
Settlements