- Manage Retail Trade Settlement, including equity pay-in/pay-out of shares.
- Oversee auction settlement and closeout processes.
- Handle corporate actions by identifying eligible clients and ensuring timely distribution of entitlements (Dividend, Bonus, Split, Sub-Division, Merger, Demerger, etc.).
- Process pledge/unpledge requests of shares from clients.
- Support system enhancements through testing and implementation of back-office changes.
- Ensure timely and accurate regulatory reporting.
- Perform reconciliation of Demat holdings across Pool, CUSA, and other Demat accounts.
- Respond to client queries, audit queries, and inspection requirements.
- Liaise with internal teams and external stakeholders to resolve issues and drive improvements.
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Settlement Operations Associate Job in Mumbai at Upstox
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Settlement Operations Associate
Upstox
Full Time Job
3L-3L per annum
0-1 years
Posted 30+ days ago
Location
- Mumbai
Skills Required
- Microsoft Excel
- Problem Solving
- Communication Skills
- Analytical skills
About this Job
Upstox is hiring for the role of Settlement Operations Associate!
Responsibilities of The Candidate:
Requirements
- Graduate/Postgraduate in Finance, Commerce, or a related field.
- Strong working knowledge of retail trade settlement across capital market products.
- Proficiency in MS Excel (knowledge of advanced functions preferred).
- Familiarity with depositories, clearing corporations, and settlement cycles.
- Excellent problem-solving, communication, and coordination skills.
- Ability to work independently as well as in a team.
- Detail-oriented with a commitment to accuracy and timeliness.
- Openness to leveraging AI-driven tools and automation for enhancing efficiency in settlement processes.
Eligible Degrees
MBA / All Courses
Bachelor of Technology/Engineering / All Courses
Master of Technology / All Courses
Bachelor of Arts / All Courses
Bachelor of Science / All Courses
+96 More
Who can apply
Work Experience: 0-1 years
Eligible Graduation Years: 2025, 2024, 2023
Documents Required
1. Resume
2. ID Proof (e.g. Aadhar Card, PAN Card, etc.)
About Upstox
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