Officer – Transaction Management

(Trade Settlements | Trade Confirmation | Static Data Maintenance)

Job Title

Officer – Transaction Management

Department

Middle Office / Transaction Management

Reports To

Assistant Vice President / Vice President

Role Profile Summary

The Officer role represents the first formal leadership layer within Transaction Management and is expected to combine deep operational expertise, strong risk awareness, stakeholder management capability, and team leadership while driving operational excellence, client satisfaction, and strategic transformation across the transaction lifecycle.

Position Summary

The Officer is responsible for overseeing critical Transaction Management activities across Trade Settlements, Trade Confirmation, and Static Data Maintenance functions. The role requires operational expertise, robust risk and control awareness, effective stakeholder management, and the ability to lead process improvement initiatives.

The Officer serves as a subject matter expert (SME),



providing oversight and guidance to associates and senior associates while ensuring adherence to service level agreements, regulatory requirements, and operational risk standards. The role actively contributes to client service excellence, process transformation, and strategic business initiatives.

Key Responsibilities

Trade Settlement Oversight
- Oversee daily settlement processing across global markets for Equities, Fixed Income, FX, Money Market, and Derivatives products.
- Monitor settlement efficiency and proactively manage high-risk or aged settlement exposures.
- Review and approve critical settlement exceptions and escalation decisions.
- Lead investigations of complex settlement failures and client-impacting issues.
- Coordinate with brokers, custodians, counterparties, and trading desks to resolve settlement breaks.
- Ensure timely processing of market claims, penalties, buy-ins, and interest claims where applicable.
- Monitor settlement MIS

📌 Transaction Management (Mumbai)
🏢 State Street
📍 Mumbai