FX Operations

Process : Foreign Exchange Confirmations & Settlements

Position : Senior Associate

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

Location : Mumbai /Hyderabad

Who We Are Looking For
Will be a part of State Street Markets Foreign Exchange Confirmations & Settlements desk, ensuring all trades are matched and instructed within market guidelines. He/She will be expected to engage and communicate daily with:

• SSGM FX Trading, Onboarding, Static, & Middle Office units.
• Counterparties, GTCB Cash Processing and Investigations teams

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

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.

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 opportunity 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.

What You Will Be Responsible For
As Senior Associate you will

• Perform FX Netting via email or vendor platforms
• Email counterparty to confirm trades
• Reach out to client in case of non-receipts
• Ensure that the focuses on client needs first and drive all efforts to provide exceptional service
• Review and/ or Implement controls when applicable to reduce risk

What We Value
These skills will help you succeed in this role

• Risk mitigation, problem solving, and decision making skills
• Ability to think critically and resolve complex problems.
• Knowledge of Vendor platform like GTSS, Bloomberg, FXALL and Misys

Education & Preferred Qualifications

• MBA or equivalent
• 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

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
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

Job ID: R-773276