Location: Bangalore, India
Experience: 15+ Years
Shift: 5:30 PM IST – 2:30 AM IST
Market Coverage: US & EMEA Markets
Education: B.Com / MBA (Finance)
Job Overview
We are looking for an experienced Senior Manager – Trade Support & Loan Settlements to lead end-to-end trade lifecycle and loan settlement operations across US and EMEA markets. The ideal candidate will have extensive experience in fixed-income trade support, syndicated loan settlements, operational risk management, stakeholder coordination, and process improvement.
The role involves managing trade booking, confirmation, settlement, and post-settlement activities for bonds and term loans, along with primary loan closings and secondary loan settlements across LSTA and LMA markets. The candidate will ensure operational accuracy, timely settlement, adherence to market standards, and effective resolution of trade exceptions.
Candidates must be comfortable working the mandatory night shift from 5:30 PM IST to 2:30 AM IST.
Key Responsibilities
1. Trade Support & Market Operations
- Manage the end-to-end trade lifecycle, including booking, confirmation, settlement, and post-settlement activities across DTC, FED, Euroclear, and CEDEL market infrastructures.
- Ensure accurate and timely trade capture in Order Management Systems (OMS).
- Confirm trades with counterparties within agreed timelines.
- Ensure trades are pre-matched, adequately funded, and settled within applicable settlement cycles, including VD+1 and VD+2.
- Monitor settlement progress and proactively mitigate settlement failures and operational risks.
- Investigate failed trades, manage post-settlement activities, and coordinate claims resolution.
- Resolve trade exceptions in collaboration with Front Office teams, custodians, brokers, and counterparties.
- Manage repo trade bookings, rollovers, and settlements.
- Monitor error queues, operational exceptions, and system breaks across downstream platforms.
- Maintain strong operational controls and ensure compliance with internal procedures and market practices.
2. Loan Settlements & Closings
- Lead primary loan syndication closings and secondary loan settlements in accordance with LSTA and LMA market standards.
- Manage loan facility lifecycle events, including:
- Initial funding
- Rollovers
- Repayments and prepayments
- Refinancing
- Loan amendments
- Coordinate settlement dates (SDC) and ensure timely execution of settlement activities.
- Ensure accurate cash and position settlements with agents, trustees, and counterparties.
- Validate trade economics against credit agreements, trade confirmations, and relevant legal documentation.
- Manage loan settlement activities using Geneva, ClearPar, VTS, and related operational platforms.
- Review and interpret SWIFT messages, including MT540–MT548, along with payment confirmations.
- Ensure accurate release and reconciliation of CIDD messaging to trustees.
- Investigate and resolve cash breaks, settlement discrepancies, and outstanding operational issues.
- Ensure settlement activities are completed accurately and in line with applicable market standards and internal controls.
3. Leadership, Risk & Operational Excellence
- Provide leadership and oversight for Trade Support and Loan Settlements operations.
- Ensure strong control frameworks, accurate processing, and timely issue escalation.
- Coordinate with Front Office, agents, custodians, trustees, brokers, and other stakeholders to resolve complex operational issues.
- Identify recurring settlement issues and implement corrective and preventive measures.
- Drive operational efficiency, process improvements, and transformation initiatives.
- Support risk mitigation through proactive monitoring, exception management, and effective reconciliations.
Mandatory Skills & Competencies
- Strong understanding of investment banking products, including bonds, loans, equities, and derivatives.
- In-depth knowledge of trade lifecycle management and securities settlement processes.
- Extensive experience in fixed-income Trade Support operations.
- Strong expertise in syndicated loan settlements across LSTA and LMA markets.
- Hands-on experience with CTM, Geneva, and ClearPar platforms.
- Familiarity with market infrastructures such as DTC, FED, Euroclear, and CEDEL.
- Working knowledge of repo transactions, loan facility lifecycle events, and settlement coordination.
- Ability to interpret SWIFT messages, including MT540–MT548.
- Strong analytical, reconciliation, problem-solving, and exception-management skills.
- Excellent stakeholder management, communication, and leadership capabilities.
- Ability to manage multiple priorities while meeting strict settlement deadlines.
Qualifications & Experience
- Education: B.Com or MBA in Finance.
- Experience: 15+ years in Trade Support and/or Loan Settlements operations.
- Preferred Certifications: Investment Banking Operations or NCFM certifications.
- Proven experience handling US and EMEA market operations.
- Demonstrated ability to lead complex trade support and loan settlement processes.
Work Timings & Location
- Location: Bangalore, India
- Shift Timing: 5:30 PM IST to 2:30 AM IST
- Market Coverage: US and EMEA
- Shift Requirement: Flexibility to work night shifts is mandatory.
Apply Now
If you have extensive experience in fixed-income trade support, syndicated loan settlements, and investment banking operations, this opportunity offers a chance to lead critical operational processes across US and EMEA markets.
Apply now through HIRD to explore this opportunity in Trade Support and Loan Settlements.
