Senior Manager- Settlements

Posted 7 Hours Ago
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Hyderabad, Telangana, IND
In-Office
Senior level
Cloud • Fintech • Information Technology • Software • Financial Services
The Role
Leads trade affirmation, confirmation, and settlement operations for OTC derivatives and other asset classes. Oversees discrepancy resolution, settlement breaks, controls, regulatory change readiness, client onboarding, process improvements, automation initiatives, and audit support. Partners with counterparties, prime brokers, custodians, investment managers, and internal teams. Manages and develops analysts and managers while improving straight-through processing and reducing operational risk.
Summary Generated by Built In

Company Overview

Arcesium is a global financial technology firm that solves complex data-driven challenges faced by some of the world’s most sophisticated financial institutions. We constantly innovate our platform and capabilities to meet tomorrow’s challenges, anticipate the risks our clients encounter, and design advanced solutions to help our clients achieve transformational business outcomes.   

Financial technology is a high-growth industry as change and innovation continue to disrupt the status-quo and prompt major transformation. Arcesium is at a particularly interesting time in our own growth as we look to leverage our successfully established market position and expand operations in pursuit of strategic new business opportunities. We value intellectual curiosity, proactive ownership, and collaboration with colleagues, and we empower you to meaningfully contribute from day one and accelerate your professional development.

Arcesium is seeking a Senior Manager for our Trade Affirmations and Settlements group based in Hyderabad. The group is responsible for the timely and accurate affirmation, confirmation, and settlement of trades across asset classes on behalf of hedge fund clients, with a particular focus on OTC derivatives. The group works closely with counterparties, prime brokers, custodians, and internal middle-office and collateral teams to ensure trade economics are verified, confirmations are matched within regulatory timeliness targets, and cash movements settle without disruption.

What you'll do:

  • Own the work product of the team across trade affirmation, confirmation matching, and settlement processing for OTC derivatives and other asset classes, ensuring adherence to ISDA confirmation timelines and regulatory confirmation timeliness targets.
  • Play an active oversight role in day-to-day operations, including escalation of aged affirmation/confirmation discrepancies and settlement breaks, business-as-usual troubleshooting, and setting direction and goals for individuals.
  • Oversee verification and validation of paper and electronic trade confirmations, and the resolution of trade economics discrepancies with counterparties and internal stakeholders.
  • Coordinate with investment managers, prime brokers, and administrators to resolve day-to-day exceptions, while driving more strategic initiatives to reduce recurring breaks and improve straight-through processing rates.
  • Liaise with other internal functions such as pricing, middle office, and collateral management to resolve discrepancies and respond to internal queries.
  • Contribute to the specification and testing of system and process improvements, partnering with technology teams to support automation initiatives across affirmation and settlement workflows.
  • Lead the onboarding of new client engagements onto affirmation and settlement workflows, driving process design, testing, and issue resolution through go-live to ensure workflows stabilize quickly and operate reliably in steady state.
  • Uphold and strengthen controls, procedures, and best practices across the affirmation and settlement function, including support during audits.
  • Oversee global regulatory and market change management events impacting trade affirmations and settlements — such as settlement cycle compression (e.g., T+1), LIBOR transition, CSDR implementation etc. ensuring the team is prepared and operationally ready ahead of go-live
  • Manage, mentor, and develop a team of analysts and managers, building depth and capability across the affirmations and settlements function.

What you'll need:

  • MBA (Finance) / CFA / CA or any other equivalent qualification.
  • 9–12 years of work experience in trade affirmations, confirmations, and settlements, with strong exposure to OTC derivatives across asset classes.
  • Complete understanding of ISDA trade confirmation processes, trade life cycle, and pre- and post-settlement processes for OTC derivatives.
  • In-depth domain/finance knowledge; attention to detail; ability to work with minimal supervision; and experience managing high performers.
  • Drive to enhance the efficiency of processes and reduce operational risk.
  • Strong project management skills and effective managerial ability.
  • Strong communication and collaboration skills.

Our data privacy statement can be found here.


Recruiting Security
Emails from genuine Arcesium recruiters who are employees of the company will always come from the @arcesium.com domain. In some cases, you may also be contacted by independent search firms engaged to recruit on our behalf; emails from their employees should always come from their firm's applicable domain. We'll never ask for your banking information or any payment as part of the recruiting process. If something seems off or you're contacted by an unexpected third party, please reach out to us at [email protected] (US/UK), [email protected] (India) or [email protected] (Portugal/Sweden). 

Arcesium is an equal opportunity employer.

Skills Required

  • MBA in Finance, CFA, CA, or equivalent qualification
  • 9–12 years of experience in trade affirmations, confirmations, and settlements
  • Strong exposure to OTC derivatives across asset classes
  • Complete understanding of ISDA trade confirmation processes and OTC derivatives trade lifecycle
  • Knowledge of pre- and post-settlement processes
  • In-depth finance and domain knowledge
  • Experience managing high-performing teams
  • Ability to work with minimal supervision and strong attention to detail
  • Ability to improve process efficiency and reduce operational risk
  • Strong project management and managerial skills
  • Strong communication and collaboration skills

Arcesium Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Arcesium and has not been reviewed or approved by Arcesium.

  • Healthcare Strength — Healthcare coverage is described as comprehensive, including medical, dental, vision, mental‑health programs, and protections for life, accident, and disability. The scope indicates strong support for physical and mental well‑being.
  • Retirement Support — Retirement offerings include a 401(k) and a pension alongside financial protections such as life and disability insurance. These elements point to meaningful long‑term financial security within total rewards.
  • Parental & Family Support — Parental leave is characterized as generous, with extended maternity and supportive paternity leave in some locations, plus family and adoption assistance. This family focus complements broader time‑off and caregiving supports.

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The Company
HQ: New York, NY
1,500 Employees
Year Founded: 2015

What We Do

Arcesium is a global financial technology and professional services firm, delivering post-investment and enterprise data management solutions to some of the world's most sophisticated financial institutions, including hedge funds, banks, institutional asset managers, and private equity firms. Expertly designed to achieve a single source of truth throughout a client's ecosystem, Arcesium's cloud-native technology is built to systematize the most complex workflows and help clients achieve scale. Building on a platform developed and tested by investment and technology development firm, the D. E. Shaw group, Arcesium was launched as a joint venture with Blackstone Alternative Asset Management. J.P. Morgan, another large client, later joined as our third partner. Today, Arcesium services over $679 billion in global client AUM with a staff of over 1,500 software engineering, accounting, operations, and treasury professionals.

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