FX Collateral Management – Senior Manager
State Street
FX Collateral Management – Senior Manager
State Street
Holds assets for institutions and runs index funds
Who we are looking for:
An experienced leader for our Global FX Collateral Management team, responsible for managing a team of collateral management specialists providing end to end operations support to our global front office and middle office teams. Should possess extensive knowledge and experience on FX and Collateral management workflow. Will need to work closely with Global Markets’ business teams, Onboarding, Regulatory, Business Risk, Compliance and Technology teams
Why this role is important to us:
The team you will be joining is a part of State Street Global Markets (SSGM) which will be going through significant transformation. The team provides coverage for all regions APAC, EMEA and NA during their specific time zones. 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.
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:
Oversee daily margin calls & MTM movements.
Interacts with traders, client management and counterparts regarding margin disputes, pending margin calls and pending income receipts
Liaise with Product and IT for initiatives impacting operations for readiness and preparation
Oversee, direct and co-ordinate activities for the Collateral Management team
Drive and implement alignment of process across all regions to create efficiencies and reduce risk
Lead platform migration and implement projects to improve STP rates
Participate in analysis of new products and processes to identify upstream and downstream impacts on internal teams and external clients
Communicate with multiple departments (Trading, Middle Office, Investigations, IT) to resolve any issues that arise and discrepancies with urgency
Review, enhance and maintain controls to reduce risk for business
Stakeholder Management – drive effective engagement strategy, understand and balance expectations, maintain regular connects and frequent communication
Proactively drive continuous improvement initiatives to streamline operating models, gain efficiency, identify and mitigate control gaps by improving existing process
What we value:
These skills will help you succeed in this role:
Strong knowledge of FX and Collateral Management
Experience in managing teams in multiple locations
Ability to think critically and resolve complex problems
Effective in process improvement and risk reduction
Shit Timing :
2:00 - 11:00 PM IST
Work Location:
Hyderabad
Education & Preferred Qualifications:
10+ years of experience in management and operations in FX industry
Knowledge of Global Markets, Custody, Cash Management and Payment Management systems
Strong management and employee relation skills
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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Read our CEO Statement
Holds assets for institutions and runs index funds
State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.
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