Job Title: Manager – Trade Transaction Services
Location: Chennai
Experience: 10+ Years

Job Summary

We are seeking a highly experienced Trade Manager to lead our Trade Transaction Services team in Chennai. This leadership role is accountable for overseeing the full trade lifecycle across a wide range of financial instruments, including equities, fixed income, FX, repos, unit trusts, money markets, leveraged loans, and private debt. You will ensure timely and accurate confirmation, settlement, and resolution of trade-related issues while driving operational excellence, risk management, and continuous improvement. This position requires a proactive leader who thrives in a dynamic environment and champions innovation and change.

Key Responsibilities Operational Oversight

Manage end-to-end trade lifecycle activities from confirmation to settlement across multiple asset classes.

Ensure accurate and timely processing of trades, resolution of trade-related overdrafts, interest claims, CSDR penalties, and reconciliation breaks.

Act as the senior point of escalation for complex issues, coordinating with internal teams and external stakeholders.

Analyze Management Information (MI) and key performance metrics to identify trends, risks, and improvement opportunities.

Support and oversee the lifecycle management and resolution of CSDR charges and interest claims.

Risk & Control

Maintain and enhance a strong internal control environment.

Review operational processes to identify risks and implement mitigation strategies.

Drive automation and efficiency improvements.

Oversee and regularly update Business Continuity Plans (BCP) and Risk & Control Assessments (RCA).

Team Management

Lead a high-performing team, ensuring resource allocation supports business needs and daily operational delivery.

Conduct regular 1:1s, appraisals, coaching sessions, and structured performance management.

Foster a culture of accountability, learning, and continuous development.

Stakeholder & Change Management

Build strong partnerships with internal business units and external service providers.

Ensure smooth communication and implementation of operational and regulatory changes.

Actively support change initiatives, business improvements, and transformation projects.

Ensure immediate and comprehensive disclosure of operational issues and incidents.

Mandatory Skills

10+ years of experience in a Trade Management or Trade Operations role in financial services.

Deep understanding of financial instruments including:

Equities, Fixed Income (ABS/MBS, Municipals), FX (Spots, Forwards, NDFs, Options), Repos, Unit Trusts, Leveraged Loans, Private Debt, Cash Equivalents.

Proficiency in global settlement practices, SWIFT messaging, and platforms such as Aladdin, CTM, CLS.

Strong leadership and team development capabilities.

Proven ability to manage interest claims, CSDR penalties, and complex trade-related escalations.

Advanced analytical and numerical skills with experience in generating MIS and root cause analysis.

Solid knowledge of operational risk and control frameworks.

Excellent interpersonal and communication skills, with the ability to influence at all levels.

Good-to-Have Skills

Industry-recognized certifications such as IOC, CFA Investment Foundations, or similar.

Broader knowledge of Asset Management operational functions and interdependencies.

Experience in leading business change and transformation initiatives.

Collaborative mindset with the ability to support cross-functional projects.

Instrument Coverage

Equities

Fixed Income (ABS/MBS, Municipals)

FX (Spots, Forwards, NDFs, FX Options)

Repos

Cash Equivalents (Term Deposits, CPs, CDs)

Unit Trusts

Leveraged Loans

Private Debt

Keywords:
Leadership Development, Trade Lifecycle, Trade Management