Transaction Management AssociateMassMutual Indiafull-timeRequired skillsaccountingcommunication skillsKPISwiftAbout the role MassMutual India Website: massmutualindia.com Job details: Key Responsibilities And AccountabilitiesFocus on accurate and timely transaction processing of security transactions, ensuring tasks are prioritized accordingly to meet processing deadlines:Monitor and action trade‑confirmation exceptions in Aladdin, CTM, and TradeSuite. Unconfirmed trades, broker allegements, mismatched trades, and all other confirmation exceptions must be investigated and resolved internally and with the broker community.Monitor and action transmission exceptions. Repair failed outbound messages in Aladdin and ensure they are successfully resent to custodians and all relevant interested parties.Monitor and resolve Black FX exceptions in Aladdin. Address discrepancies between Aladdin FX bookings and custodian MT381 SWIFT messages. Collaborate with custodians not currently sending MT381 messages to implement them for all applicable accounts and currencies.Monitor and resolve trade‑settlement exceptions in Aladdin. Perform pre-matching with custodians and brokers to ensure timely and accurate settlement of trades.Work with custodians and brokers to resolve failing trades in Aladdin. Follow up with brokers regarding short positions and coordinate with brokers and custodians to clear other exceptions contributing to failed settlements.Work with custodians to configure missing MT54Y SWIFT settlement‑status messages.Work with custodians to configure missing MT537 CSDR settlement‑penalty messages.Escalate recurring trade‑confirmation or settlement exceptions to management to address root causes and improve efficiency within the Trade Management group.Work closely with business partners to provide daily operational support included but not limited to trade management activities:Monitor regional Trade Management mailboxes; respond promptly and escalate urgent queries to management Manage assigned cash and stock reconciliationsWork with custodians to manually instruct DWACs and SPOsAssist with reporting tasks such as end‑of‑day extracts and weekly reporting (late confirmations, non‑STP reports), support monthly KPI preparationAssist with counterparty management activities such as new broker onboarding for APAC region, completing NAV requests from brokers, facilitate completion of KYC requests from existing counterparties, establish FIX connections with external EMS providers, and coordinate broker set up in internal and external platformsAssist with LEI set up and renewal coordinationCommunicate proactively with colleagues and management across regionsKnowledge, Skills And Abilities RequiredFull understanding of different types of products and processing requirements for treasuries, corporate and sovereign bonds, munis, ABS/MBS, pools, TBAs, structured credit products, equities, money market instruments and repos.Understanding of the lifecycle of the trade from execution to settlementSolid understanding of operational risks and controlsKnowledge of post execution through trade confirmation and settlement protocolsWorking knowledge of CTM; experience with OMS platforms, especially AladdinStrong analytical ability to resolve issues and understand workflowsAbility to manage high volumes, multitask, re‑prioritize, and work under deadlinesStrong team orientation with ability to self‑direct and learn proactivelyEffective written and verbal communication skillsExperienceEducation and experience required5+ years’ experience in financial servicesRecent hands‑on experience in Trade Operations with emphasis on trade confirmation and settlementSolid understanding of equities and fixed‑income post‑execution processesEducationBachelor’s degree in Accounting, Economics, Finance or related fieldApplication RequirementsCTM, TradeSuiteAladdin preferred. Click on Apply to know more. This page is fully interactive when JavaScript is enabled. Please enable JavaScript to apply or browse related roles.