Operation Analyst Securities Settlement

About PhonePe Group: 

PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

Culture

At PhonePe, we take extra care to make sure you give your best at work, Everyday! And creating the right  environment for you is just one of the things we do. We empower people and trust them to do the right  thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a  big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of  the best minds in the country and executing on your dreams with purpose and speed, join us!

Roles & Responsibilities:

1. Candidate should be well versed with Retail trade settlement of all products available in Capital Market as well as Derivative Market & responsible for trade settlement, Auction Settlement, Physical settlement.
2. Knowledge of Pledger, Re-pledge, Unpledge & revoke of client securities.
3. Perform daily controls and reconciliation functions for derivative & cash trades
4. Testing & implementation of changes in Backoffice system
5. Managing regulatory reporting requirements
6. Corporate Action handling
7. Handling client queries / audit queries / inspection queries
8. Ensure all tasks are completed within timeframes, processing windows, market regulations, bank policies, or what is deemed prudent to minimize risk
9. Liaising with colleagues and other teams to resolve issues and drive system enhancements
10. Investigate exceptions and liaise with cross teams to get the exceptions resolved & Escalate issues for any urgent matters or assistance.
11. Take ownership of work, problems, clarify issues / objections, and ensure data integrity, accuracy and completeness.
12. Continuously participate in projects involving new product rollout, new system implementation, process improvements, etc.
13. Strong product knowledge thorough understanding of the end to end transaction cycle for derivative products.
14. Excellent verbal and written communication skills Ability to work in a high pressure environment with time critical deliveries
15. Candidate should be a team player and self-motivated to drive for excellence

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

• Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
• Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
• Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
• Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
• Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment 
• Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy

Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.

Life at PhonePe

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