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State Street

FX Operations (Global Markets) - Assistant Vice President

Bangalore, India

Job Description

Who we are looking for

We are looking for a candidates with 12+ Years of experience in FX Operations. The position will contain a basic training to carry out activities by working both remotely from home and from office.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM'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.

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

What you will be responsible for

State Street's Global Markets division (SSGM) is looking for a very experienced candidate to join its FX Operations team in Bangalore, India. Management experience in India, product and business knowledge, extensive work experience and the ability to expand his/her business knowledge quickly are essential.

Essential Duties and Responsibilities:

  • Oversee, direct and coordinate activities of the SSGM FX Management team including:
  • FX Confirmation
  • FX Collateral
  • Misc. Treasury
  • Act as a key point of contact for the North America leads to ensure appropriate prioritization, high level or support and timely resolution of open items,
  • Help monitor KPIs and KRIs to ensure a high level of service
  • Track and monitor potential issues and delays
  • Address unique and challenging situations
  • Evaluate and enhance processes and procedures on an ongoing basis
  • Ensure accuracy of accounts set up in transaction systems and client static data
  • Maintain strong working relationships with North America team leads
  • Participate in the enhancement and maintenance of internal systems for workflow management and data storage
  • Resolve and escalate request specific and systematic issues proactively and in a timely fashion
  • Manage staff turnover and employee onboarding/training time
  • Coordinate Internal and External Audit / SOX /Compliance reviews
  • Coordinate system access and access reviews
  • Work with the teams in Bangalore/Hyderabad to design a business continuity plan

Knowledge/Experience/Skills Required:

  • Proven ability to lead and develop operating teams across multiple products with global outreach
  • 10-15 years of experience in business or systems analysis, or as a key business resource on systems projects, preferably at a financial institution.
  • Previous experience participating in systems development life cycle
  • Proven ability to review, evaluate processes and perform root cause analysis that is leading to data quality issues
  • Demonstrated ability to inform, interpret, assess, and deliver thorough analysis in both written and verbal form
  • Proven background in the financial services industry
  • Efficient in-depth data analysis, and presentational abilities
  • Knowledge of managing large, complex data systems, master data, and business critical applications and cross functional reporting.
  • Any specific experience with data management best practices, data governance, data quality controls, regional or regulatory reporting requirements is preferable
  • Experience with risk data aggregation and risk reporting

Shift Timings:

06:30 PM to 03:30AM (IST)

Education:

  • Bachelor's degree in Business, Engineering, or Information Systems, or equivalent direct business experience.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Client-provided location(s): Bengaluru, Karnataka, India
Job ID: StateStreet-R-741065
Employment Type: Full Time