Job Description – Senior Manager
Trade Support & Loan Settlements (US & EMEA Markets)
Process Overview
Trade Support – US & EMEA Markets
The Trade Support function manages the end-to-end trade lifecycle for
Bonds and Term Loans across US and EMEA markets, covering trade booking,
confirmation, settlement, and post-settlement activities.
Operations span across key market infrastructures including: DTC, FED,
Euroclear, CEDEL, and ClearPar (for Term Loans)
The team ensures:
- Accurate and timely trade processing
- Seamless trade lifecycle execution
- Strong adherence to market practices and internal controls
- Effective management of settlement risks and trade exceptions
Loan Settlements – LSTA & LMA Markets
The Loan Settlement function is responsible for managing the end-to-end
lifecycle of syndicated loans, including primary closings, secondary
settlements, and post-closing activities across LSTA and LMA markets.
The role ensures:
-
Accurate execution aligned with legal documentation and market standards
- Efficient cash movement and fee handling
- Timely issue resolution and reconciliation
Role Summary
The Senior Manager will lead Trade Support and Loan Settlements
operations, ensuring end-to-end ownership of trade lifecycle processes
across Bonds and Term Loan products. The role requires strong expertise in
trade processing, loan settlement, risk and controls, and stakeholder
management, along with leadership in driving operational excellence and
transformation initiatives.
Key Responsibilities
Trade Support & Market Operations
-
Manage end-to-end trade booking, confirmation, and settlement across
DTC, FED, Euroclear, CEDEL markets
- Ensure accurate and timely trade capture in OMS systems
- Confirm all trades with counterparties within agreed timelines
- Ensure trades are pre-matched, funded, and settled (VD+1 / VD+2)
- Monitor settlement lifecycle and proactively mitigate trade fails
-
Investigate failed trades and manage post-settlement activities and
claims
-
Resolve trade exceptions with Front Office, custodians, brokers, and
counterparties
- Handle Repo trade bookings, rollovers, and settlements
-
Monitor error queues, exceptions, and system break across downstream
systems
Loan Settlement & Closings
-
Lead primary loan syndication closings and secondary loan settlements
per LSTA/LMA standards
- Manage facility lifecycle events, including:
- Initial funding
- Rollovers
- Repayments & prepayments
- Refinancing & amendments
-
Perform settlement date coordination (SDC) and ensure timely execution
-
Ensure accurate cash and position settlements with agents, trustees, and
counterparties
-
Validate trade economics against credit agreements and confirmations
-
Manage settlements in Geneva, ClearPar, VTS, and related platforms
-
Review and interpret SWIFT messages (MT540–MT548) and payment
confirmations
-
Ensure proper release and reconciliation of CIDD messaging to trustees
- Resolve cash breaks and settlement discrepancies
Mandatory Skills & Competencies
Strong understanding of:
- Investment Banking products (Bonds, Loans, Equities, Derivatives)
- Trade lifecycle and settlement processes
Experience in:
- Trade Support (Fixed Income markets)
- Loan Settlements (LSTA/LMA markets)
Platforms: CTM, Geneva, ClearPar
Qualifications & Experience
| Education: |
B. Com / MBA (Finance) |
| Certifications: |
Investment Banking Operations / NCFM (preferred) |
| Experience: |
15+ years in Trade Support / Loan Settlements |
Work Timings
Coverage:
US / EMEA Markets
Shift:
5:30 PM IST to 2:30 AM IST
Flexibility to work night shifts is mandatory
Location
Bangalore
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