Settlement Specialist

About KPMG INDIA

KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

Role and Responsibilities

Confirmations : Manage trade confirmations and allocations, including handling customer coupon emails, DTCC CTM (block and allocations), and confirmation processes. Oversee both incoming confirmations and the sending of CTM (DTCC) confirmations.

Reconciliation : Perform daily reconciliation tasks such as preparing the daily cash position sheet, reconciling previous day’s closing balances and outstanding items, and reconciling various accounts and positions. This includes Intellimatch repo branch reconciliation, Bloomberg position reconciliation, failed trade reporting, and daily LCH Gloss reconciliation.

Reporting : Generate and review daily, weekly, and monthly reports including KPI reports, cancelled trade reports, late trade reports, and collateral management holdings reports. Handle specific reporting requirements such as daily fails and holdover reports, FICC clearing fund reports, and Euroclear reporting.

Settlements : Ensure accurate and timely trade settlements, including trade ticket allocation retrieval, trade corrections, monthly clearing charges, and other settlement processes. Manage collateral management activities including trade input, calculations, confirmation, and settlement.

• Technical Proficiency : Familiarity with financial systems and tools such as Calypso, Murex, Intellimatch, and Swift
• Financial Product Knowledge :
• Deep understanding of Fixed Income Products
• Knowledge of other products like :
• Interest Rate Derivatives
• Credit Derivatives
• Currency Options
• Commodity Derivatives
• Inflation Swaps
• MM (Money Market)
• Non-Deliverable Forwards
• Non-Deliverable Options
• Bond
• Repo
• Futures
• Equities
• Equity Derivatives
• Structured Products
• Collateral Operations
• Relevant industry accreditations (AFMA , FINRA, IOC / IAQ)
• Self Clearing experience preferred
• Location : Gurugram
• 5-12 years of experience
• Open to US shift

Good communication skills, analytical and presentation skills are mandatory for the above skill set.

If interested please send in your Cvs to anamikagandhi@kpmg.com.

Equal employment opportunity information

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