State Street
Financial Services
FXConfirmations&SettlementsAssistanceVicePresident
“FX Confirmations & Settlements - Assistance Vice President at State Street. Skills: process management, cross-functional coordination, vendor/stakeholder management, operational metrics, resource planning, continuous improvement. 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”
What You'll Achieve.
ensure seamless BAU; reduce risk; create efficiency; improve service delivery; not compromise on service; timely and accurate delivery of all cash (payments) and securities (collateral and investment); minimal operating losses for FX businesses; ensure processes are robust & compliant; deliver a best-in-class E2E workflow solution; removing manual touchpoints; increasing STP; identify issues to resolve and opportunities for improvement; hold them accountable to high standards of delivery; ensure adherence and no impact to service standards as a result of these changes; ensure Markets Operations remains disciplined with respect to adherence to resiliency strategy, control assurance etc.; ensure adherence to operational risk and compliance policies
Industry & Context.
risk mitigation; problem solving; decision making skills; Ability to think critically; resolve complex problems; using data to identify issues to resolve and opportunities for improvement
US Shift - 7PM to 4AM IST (Non-Negotiable), 4 days Work from Office, Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.
What They're Looking For.
Must Have
15+ years of experience in Financial Services industry
Nice to Have
Certification on NCFM / CISI (Chartered Institute for Securities & Investment), Knowledge on Macros, SQL & MS Access Database queries
What You'll Do.
Manage the end-to-end FX confirmation and Settlement process in line with market deadlines and internal SLAs
Liaise with front office
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
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 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 providing SME support
testing and monitoring into Production
Accountable for a 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
How You'll Work.
Team & Collaboration
work closely with Business teams, Functional teams, Business Risk, Compliance and Technology teams on day to day basis; Liaise with front office, compliance, finance, claims, and IT teams; Partner with Technology and the transformation lead for Markets Operations; Partner with ERM and compliance colleagues globally
Communication Scope
Good Communication Skills both written and oral
Process & Methodology
transformation of the function, operating model changes, new technology infrastructure, drive the transformation, Markets participation in programs such as ISO 20022, TD+1, and other bank wide initiatives, Support applicable Change the Bank and Run the Bank Projects
Applying for this FX Confirmations & Settlements - Assistance Vice President role?
Most applicants get filtered before a human reads their resume. See if yours makes the cut.
How to Apply on Workday
- Workday has a multi-step form — save your progress after every section.
- "Apply With LinkedIn" can fail or lose data; manual entry is more reliable.
- Watch for the "Submit for Review" final step — hitting "Save" alone does not submit.
- Job requisition numbers are useful when following up with HR by email.
ANONYMOUS · UNFILTERED
What do employees actually say about State Street?
Real rants from real employees. Read before you apply.