Clearing & Settlement Associate

Role: Clearing & Settlement Associate

Company: PineQ Lab Technology

Role Specifications

• Designation: Clearing & Settlement Associate
• Location: Sector 30, Gurugram
• Work Arrangement: On-site (5 days a week & rotational shifts)
• Transportation: Dedicated two-way cab facility (within a 20 km radius)
• Hiring Timeline: Immediate joiner (join within 2 days)
• Selection Process: Virtual interview (Google Meet)
• Budget: 3.2 LPA

Position Overview

Seeking a detail-driven Clearing & Settlement Associate with demonstrated experience in trade operations and post-trade lifecycle management. Oversee trade clearing, monitor settlement cycles, manage fund/position reconciliations, and liaise with brokers, custodians, clearing corporations, and exchanges to ensure operational continuity and compliance.

Key Responsibilities

• Trade Operations: Facilitate, monitor, and process end-to-end clearing and settlements across equities, ETFs, and digital assets.
• Lifecycle Management: Track and manage standard settlement cycles (T+1 / T+2), proactively identifying and resolving operational breaks and settlement exceptions.
• Reconciliation: Conduct rigorous daily reconciliations of trades, positions, cash, and stock ledgers to maintain zero-break operational accuracy.
• Stakeholder Coordination: Interface with brokers, custodians, clearing houses, and exchanges (NSE, BSE) to expedite exception resolution.
• Compliance & Auditing: Maintain strict adherence to NISM norms and exchange regulatory frameworks while keeping operational records audit-ready.
• Reporting: Prepare daily trade logs, exception reports, and MIS dashboards for management review.

Candidate Profile & Qualifications

• Experience: 6+ months in clearing and settlement, middle-office operations, or institutional trade processing.
• Market Knowledge: Practical exposure to Indian exchange settlement workflows (NSE/BSE) and standard T+1/T+2 settlement conventions.
• Technical Skills: Proficiency in MS Excel (lookup functions, pivot tables) and operational MIS reporting.
• Regulatory Awareness: Working familiarity with applicable regulatory standards, compliance guidelines, and NISM certifications.
• Soft Skills: Strong analytical capabilities, rigorous attention to detail, and professional communication skills for multi-party coordination.