06 Nov
|
State Street
|
Hyderabad
06 Nov
State Street
Hyderabad
Who we are looking for
Experienced person (minimum 15+ years) with deep knowledge of repo, collateral, and settlement operations, coupled with a strong risk & control mindset. Proven ability to manage global stakeholders, lead teams, and drive process efficiency and operational excellence. Strong Communication Skills ( Written/Verbal ).
Why this role is important to us
The team you will be joining is a part of State Street Markets. 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.
As one of the largest and most experienced securities financing providers in the industry, we provide investors with market-leading expertise, technology and scale to accelerate decision-making and enhance performance. With a focus on innovative financing solutions, we’ve expanded our services to support a range of agency lending, repo and prime services, helping investors access new pools of liquidity and providing competitive overnight and term cash investment financing.
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
As Financing Solutions
- Secured Finance,
Assistant Vice president you will
- Process repo/reverse repo transactions across confirmations, settlements, and reconciliations
- Validate trade economics, collateral allocations, and netted settlements with clients/CPs- Confirm netted settlements and wire instructions before execution
- Monitor onside/offside settlements for collateral and cash providers
- Track incoming/outgoing wires and ensure timely settlement execution
- Support triparty repo, FICC, and bilateral transactions
- Perform end-of-day balancing between Vendor and settlement systems
- Validate DDA balances and ensure zero discrepancy positions
- Execute FICC netting validation and exception tracking
- Identify and escalate settlement failures, pricing issues, or breaks
- Monitor failed trades and communicate to trading/management
- Support TMPG claims tracking and reporting
The AVP is expected to display the following Managerial qualities :
- Demonstrate ‘Risk Excellence’ culture in your behavior and nurture the same ethos within the team, encouraging an workplace of openness and transparency that fuels effective challenge, debate and open discussion.
- Establish and nurture a culture of individual and collective ownership at the ‘captive’ giving all staff a clear sense of both responsibility and accountability. Develop effective working relationships with all staff at all levels across all locations
- Ensure that all staff adheres to the expected Code of Conduct.
- Communicates with other team members from diverse backgrounds in an effective manner. Influences and motivates the team. Creates an empowering climate. Projects an inspiring presence and collaboration by fostering a network of communication
- Demonstrates flexibility and effectiveness with changing environments, tasks, responsibilities & people. Is open to change and new ideas while maintaining core goals and values. Adapts behavior and work methods in response to new information, changes or organization demands
- Ability of an individual to facilitate the continuous development of individual & organizational competencies, developing other’s potential through the sharing of expertise and providing timely feedback. Continue to coach and mentor staff.
- Track and monitor the workflow queues/day to day workload/pending requests/mailbox to avoid any potential issues and delays and ensure 100% SLA and accuracy and timelines for BAU deliverables.
- Drive opportunities to work across groups in support of client needs, contribute to enhancing operating model and key Business Unit and Transformation initiatives, deliver on business and regulatory initiatives as per set timelines, achieve our financial commitments by providing better client service.
- Always finding better ways to improve the process-you are responsible to drive and provide process improvement ideas to make the process and operating model better and efficient. Encourage staff to think differently. Look to provide time saves and risk reduction
- Ensure 3 tier back up and bolster resiliency by planning split ops across both locations.
- Transformation - understand and assess internal control envir
📌 Financing Solutions- Secured Finance, Assistant Vice President (Hyderabad)
🏢 State Street
📍 Hyderabad