Global Treasury Operations Manager
State Street
Global Treasury Operations Manager
State Street
Holds assets for institutions and runs index funds
Who we are looking for
An experienced individual for our Markets Operations who demonstrates subject matter expertise in one or more responsibilities of the operation that includes the execution of Global Treasury investment portfolio and/or liability management related workflows, supports Funding and Collateral Transformation products in line with market deadlines and internal SLAs. The individual works independently with regard to accomplishing responsibilities, strives to provide excellent client service and supports Risk Excellence culture of State Street. The individual should possess extensive knowledge and experience on securities, settlements, rates, treasury products, and related financial attributes. Will require to work closely with Business teams, Functional teams, Business Risk, Compliance and Technology teams on day-to-day basis to ensure seamless BAU. A large element of the role is transformation of the function, from operating model changes to a new technology infrastructure to reduce risk, create efficiency and improve service delivery. The role will be needed to drive the transformation whilst remaining focused on BAU so as to not compromise on service.
Why this role is important to us
The team you will be joining plays an important role in the overall success of State Street. 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.
What you will be responsible for
As an Officer you will
Liaise with front office, compliance, finance, claims, and IT teams to support the full trade lifecycle.
Responsible for Markets participation in programs such as ISO 20022, TD+1, and other bank wide initiatives.
Provide Trade Support for Asset Management and Liability Management teams of Global Treasury
Actively participate in the Peer Repo project and implementation
Monitor exception reporting and provide necessary insight on resolution
Monitor derivative and investment portfolio valuations and report on exceptions
Investigate recon variances and provide root cause analysis
Provide trade support and static data set up for Funding and Collateral Transformation team
Monitor and perform collateral management functions in accordance with approved policies and procedures
Oversee daily activities and help junior team members with subject matter expertise, trainings and understanding the core business operations
Proposes and works to implement workflow changes, leading to improved productivity
Work directly with the business and other Global Treasury stakeholders to provide information and/or operational solutions as needed
Work proactively on updating job aids and procedures, making sure that team is adhering to the newly adopted processes
Support the “Risk Excellence” culture within the business
Work well with all GTO members and GT/GM stakeholders as demonstrated by being responsive to requests, striving for excellent client service
Execute Funds & Securities Transfers for Repo/Reverse Repo activities.
Perform or approve cash/GL processing.
Take a leadership role in broader based projects as a subject matter expert.
Responsible for KRI/Operating Metrics reporting and other overarching team related responsibilities.
Focus on the control environment to drive a strong risk & control culture across the global teams to ensure processes are robust & compliant.
Partner with Technology and partake in 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 inception; providing SME support, testing and monitoring into Production.
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.
High level of personal commitment to each task, can-do attitude, and a drive to deliver.
Proactive approach to problem solving, delivering results and finding better ways.
What we value
These skills will help you succeed in this role
Strong risk mitigation, problem solving, and decision making skills
Ability to think critically and resolve complex problems
Drive automation initiatives to improve operational efficiency
Stay updated on industry regulations and best practices related to FX Confirmation, Settlement operations.
What You'll Bring To The Role
Front-to-back knowledge of the Treasury product related Confirmation, Settlement, systems, markets and instruments
Hands-on experience in managing FICC, NSCC, Repo, reverse repo, DTC and FED settlements
Working knowledge in Settlement/Payment department & understanding payment life cycle
Familiarity with systems such as Markitwire, Summit, In-trader, MCH, Hogan , IBS, Bloomberg, FXALL, SWIFT
Education & Preferred Qualifications
Graduate and above preferably in Finance
B.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce
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
10+ years of experience in Treasury/Investment operations/Financial Services industry
Additional requirements:
Knowledge of Macros, Artificial intelligence, Automation tool etc
Shift Timings: NAM - 6pm to 3am IST
Persona: 4 days' work from office
Location: Mumbai / Bangalore
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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