A Clearing Support role in a stock exchange involves handling the confirmation, settlement, and delivery of transactions. Here are the key responsibilities and requirements: *Key Responsibilities:* - *Trade Settlement*: Ensure timely and accurate settlement of trades, managing the exchange of securities and funds between buyers and sellers.- *Risk Management*: Assist in managing risks associated with trading activities, including monitoring and reporting potential issues.- *Clearing Operations*: Handle clearing-related tasks, such as confirming trades, calculating settlement obligations, and managing collateral.- *Customer Support*: Provide assistance to traders, brokers, and other stakeholders regarding clearing and settlement processes. *Requirements:* - *Financial Knowledge*: Understanding of financial markets, trading, and clearing processes.- *Attention to Detail*: Accuracy and attention to detail in processing trades and settlements.- *Analytical Skills*: Ability to analyze data and identify potential issues.- *Communication*: Effective communication skills for interacting with traders, brokers, and other stakeholders. *Regulatory Framework:* - *SEBI Regulations*: Clearing corporations in India are governed by SEBI regulations, which require a minimum net worth of ₹100 crore for incorporation.- *Risk Management Committee*: Clearing corporations must establish a risk management committee to oversee risk management practices
experience
8 ... A Clearing Support role in a stock exchange involves handling the confirmation, settlement, and delivery of transactions. Here are the key responsibilities and requirements: *Key Responsibilities:* - *Trade Settlement*: Ensure timely and accurate settlement of trades, managing the exchange of securities and funds between buyers and sellers.- *Risk Management*: Assist in managing risks associated with trading activities, including monitoring and reporting potential issues.- *Clearing Operations*: Handle clearing-related tasks, such as confirming trades, calculating settlement obligations, and managing collateral.- *Customer Support*: Provide assistance to traders, brokers, and other stakeholders regarding clearing and settlement processes. *Requirements:* - *Financial Knowledge*: Understanding of financial markets, trading, and clearing processes.- *Attention to Detail*: Accuracy and attention to detail in processing trades and settlements.- *Analytical Skills*: Ability to analyze data and identify potential issues.- *Communication*: Effective communication skills for interacting with traders, brokers, and other stakeholders. *Regulatory Framework:* - *SEBI Regulations*: Clearing corporations in India are governed by SEBI regulations, which require a minimum net worth of ₹100 crore for incorporation.- *Risk Management Committee*: Clearing corporations must establish a risk management committee to oversee risk management practices
experience
8 
