Alpha Data Operations - Assistant Manager

Overview

Supports end-to-end transaction management activities across global financial markets, including trade confirmation, settlement processing, static data maintenance, exception management, and client servicing.

What you'll do

• Manage the complete settlement lifecycle for securities and cash transactions.
• Monitor settlement queues and ensure timely release of trade instructions.
• Investigate and resolve unmatched and failed trades by coordinating with brokers, custodians, counterparties, and internal teams.
• Perform pre-settlement and post-settlement monitoring to maximize settlement efficiency.
• Review settlement exceptions and execute corrective actions within market deadlines.
• Process transaction amendments, SSI updates, and settlement instruction changes.
• Support force settlement, pre-advice processing, and cash management activities where applicable.
• Monitor market-specific settlement requirements and ensure regulatory compliance.
• Escalate high-risk or aged settlement issues in accordance with governance procedures.
• Perform daily confirmation and matching of trades through electronic matching platforms and manual processes.
• Investigate confirmation breaks and discrepancies with brokers and trading desks.
• Manage broker matching activities while adhering to client-specific matching tolerances and SLAs.
• Support CTM, Trade Nexus, Trade Suite, Alert, SWIFT, and other matching utilities.
• Ensure proper allocation and block trade processing.
• Validate economic terms, settlement details, and trade attributes prior to matching.
• Maintain audit trails and evidence of confirmations and exception resolutions.
• Drive reduction in manual confirmations and promote STP opportunities.
• Create, maintain, and validate standing settlement instructions (SSI).
• Maintain security master, counterparty, broker, custodian, and market reference data.
• Perform periodic reviews and quality control checks on static data records.
• Manage account openings, account maintenance, and related documentation.
• Ensure accurate maintenance of settlement locations, PSETs, BICs, SWIFT details, and market-specific requirements.
• Investigate and resolve data exceptions and reconciliation breaks.
• Support data governance and control framework requirements.
• Adhere to operational risk and control standards across all processes.
• Identify process gaps and recommend automation or process improvements.
• Ensure compliance with internal policies, procedures, and regulatory requirements.
• Participate in incident investigations and root cause analysis activities.
• Support audit, compliance, and regulatory reviews.
• Act as a key contact point for internal and external stakeholders.
• Provide timely updates on critical trade and settlement issues.
• Participate in service review meetings and client calls where required.
• Build effective relationships with clients, brokers, custodians, and vendors.
• Deliver high levels of client satisfaction through proactive issue management.
• Identify opportunities to improve STP rates and reduce manual touchpoints.
• Participate in transformation, migration, and automation initiatives.
• Contribute to procedure updates, training materials, and process documentation.
• Support implementation of new markets, products, and client onboarding initiatives.

What you'll need

• Bachelor's degree in finance, accounting, economics, business, commerce, or related discipline.
• 4 to 8 years of financial services experience.
• Experience in trade settlements, trade confirmation, static data management, custody operations, or middle office operations.
• Exposure to global securities markets and settlement practices.
• Knowledge of equities, fixed income, FX, money market, and derivatives products.
• Trade lifecycle management knowledge.
• Settlement and confirmation process knowledge.
• SWIFT messaging knowledge (MT54x, MT599, MT3xx).
• Knowledge of Central Securities Depositories (CSDs) and International CSDs.
• Settlement instruction management and market practices knowledge.
• Reconciliation and exception management knowledge.
• Functional competencies: trade lifecycle expertise, settlement risk management, static data governance, exception investigation, reconciliation analysis, regulatory awareness.
• Behavioral competencies: strong analytical thinking, attention to detail, effective communication skills, stakeholder management, time management, decision making under pressure, team collaboration, client-centric mindset.

Nice to have

• Relevant industry certifications such as CFA, FRM, CISI, or investment operations certifications.
• Systems knowledge: GTM, CTM, ALERT, TradeSuite, Bloomberg, Aladdin, Charles River, custody platforms, SWIFT applications, Microsoft Excel and Power BI.

Details

• Location: Mumbai & Pune.
• Department: Middle Office / Transaction Management.