Vice President, FX Confirmation & Settlement

State Street

Vice President managing FX confirmation and settlement for State Street, leading transformation initiatives and ensuring compliance across global teams. Liaising with multiple teams to support trade lifecycle.

Posted 4/21/2026full-timeMumbai • 🇮🇳 IndiaLeadWebsite

Tech Stack

Tools & technologies

SQLSwift

About the role

Key responsibilities & impact

Manage the end-to-end FX confirmation and Settlement process in line with market deadlines and internal SLAs.
Liaise with front office, compliance, finance, claims, and IT teams to support the full trade lifecycle.
Lead and drive the transformation initiative to deliver a global standardized operating model supported by new technology infrastructure.
Responsible for Markets participation in programs such as ISO 20022, TD+1, and other bank wide initiatives.
Responsible for the timely and accurate delivery of all cash (payments) and securities (collateral and investment) ensuring minimal operating losses for FX businesses.
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 the transformation lead for 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.
Accountable for a strong governance to monitor and track BAU metrics, using data to identify issues to resolve and opportunities for improvement.
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.

Requirements

What you’ll need

15+ years of experience in Financial Services industry
Front-to-back knowledge of the FX Confirmation, Settlement, Treasury processes, systems, markets and instruments
Hands-on experience in managing Interbank, Corporate, CLS, CLS_NET settlements
Working knowledge in Settlement/Payment department & understand payment life cycle
Familiarity with systems such as ION, GTSS, Bloomberg, FXALL, SWIFT and Misys
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
Certification on NCFM / CISI (Chartered Institute for Securities & Investment)
Knowledge on Macros, SQL & MS Access Database queries

Benefits

Comp & perks

Flexible work-life support
Paid volunteer days
Inclusive development opportunities

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

FX confirmationsettlement processTreasury processespayment life cycleInterbank settlementsCLS settlementsSQLMacrosMS Access Database queriesback-office confirmations

Soft Skills

leadershipcommunicationorganizationalrisk managementproblem-solvingcollaborationgovernanceanalytical thinkingattention to detailadaptability

Certifications

NCFMCISI