Who are we looking for

Process : Foreign Exchange Confirmations & Settlements

Position : Vice President

Shifts (in IST) : US Shift - 7PM to 4AM (non-negotiable)

Location : Mumbai /Hyderabad /Bangalore

Persona : 4day Work from Office

Why this role is important to us

The team you will be joining is a part of State Street Markets (SSM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM. As our investment research and trading arm, SSM's number one goal is to enhance and preserve our clients portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

The team you will be leading plays an important role in the overall success of State Street. As a leading provider of trading and lending solutions to the world's institutional investors, we deliver the industry's most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions - data-driven macro market intelligence that give an information advantage client-first platforms and tools that redefine trading financing solutions that streamline liquidity access and portfolio solutions designed to help achieve peak performance - we deliver a breakthrough edge to drive business success.

With our FX solutions, investors can access a wide range of markets and jurisdictions using our decision-making and strategy planning tools, diverse funding options and trading strategies. We deliver sophisticated avenues to tap into new sources of liquidity, capitalize on market opportunities and transact efficiently in any market environment. We have a range of solutions from various high- to low-touch principal execution methods, and outsourced agency hedging and execution solutions through our currency management offering.

Join us if making your mark in the capital markets from day one is a challenge you are up for.

What you will be responsible for
As Vice President you will

Manage the end-to-end FX confirmation and Settlement process in line with market deadlines and internal SLAs.
Liaise with front office, compliance, finance, claims, and IT teams to support the full trade lifecycle.
Lead and drive the transformation initiative to deliver a global standardized operating model supported by new technology infrastructure.
Responsible for Markets participation in programs such as ISO 20022, TD+1, and other bank wide initiatives.
Responsible for the timely and accurate delivery of all cash (payments) and securities (collateral and investment) ensuring minimal operating losses for FX businesses.
Focus on the control environment to drive a strong risk & control culture across the global teams to ensure processes are robust & compliant.
Partner with Technology and the transformation lead for Markets Operations to deliver a best-in-class E2E workflow solution, removing manual touchpoints and increasing STP
Support applicable Change the Bank and Run the Bank Projects impacting the team, from inception providing SME support, testing and monitoring into Production.
Accountable for a strong governance to monitor and track BAU metrics, using data to identify issues to resolve and opportunities for improvement.
Ensure vendor oversight and hold them accountable to high standards of delivery. Stay abreast of all regulatory and market changes and ensure adherence and no impact to service standards as a result of these changes.
Partner with ERM and compliance colleagues globally to ensure Markets Operations remains disciplined with respect to adherence to resiliency strategy, control assurance etc.
Support audits and ensure adherence to operational risk and compliance policies.

What we value

These skills will help you succeed in this role

Strong risk mitigation, problem solving, and decision making skills
Ability to think critically and resolve complex problems
Drive automation initiatives to improve operational efficiency
Stay updated on industry regulations and best practices related to FX Confirmation, Settlement & Treasury operations.

What You'll Bring To The Role

Front-to-back knowledge of the FX Confirmation, Settlement, Treasury processes, systems, markets and instruments
Hands-on experience in managing Interbank, Corporate, CLS, CLS_NET settlements
Working knowledge in Settlement/Payment department & understand payment life cycle
Familiarity with systems such as ION, GTSS, Bloomberg, FXALL, SWIFT and Misys

Education & Preferred Qualifications

Graduate and above preferably in Finance
B.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce
Good knowledge in Back-office confirmations and settlement
Knowledge of Global Markets, custody, cash management and payment systems
Good Communication Skills both written and oral
15+ years of experience in Financial Services industry

Additional requirements:

Certification on NCFM / CISI (Chartered Institute for Securities & Investment)
Knowledge on Macros, SQL & MS Access Database queries

Are you the right candidate Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at

Read our

FX Confirmation & Settlement - Vice President

Backend Engineer (.NET) – Remote (India)

Power BI Developer

IT Risk & Enterprise Services: Management & Control Testing

Principal Software Engineer

Lead Software Engineer - Java & React JS