Vice President, FX Confirmations & Settlements

State Street

. Manage the end-to-end FX confirmation and Settlement process in line with market deadlines and internal SLAs.

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

Tech Stack

Tools & technologies

SQL

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
Strong risk mitigation, problem solving, and decision making skills
Ability to think critically and resolve complex problems
Knowledge in back-office confirmations and settlements
Certification on NCFM / CISI (Chartered Institute for Securities & Investment)
Knowledge on Macros, SQL & MS Access Database queries
Front-to-back knowledge of the FX Confirmation, Settlement, 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
Good Communication Skills both written and oral
Graduate and above preferably in Finance B.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce

Benefits

Comp & perks

Generous medical care
Insurance and savings plans
Flexible Work Programs
Development programs and educational support
Paid volunteer days
Matching gift programs
Access to employee networks

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

back-office confirmationssettlementsSQLMS AccessMacrosFX Confirmationpayment life cycleInterbank settlementsCorporate settlementsCLS_NET settlements

Soft Skills

risk mitigationproblem solvingdecision makingcritical thinkingcommunication skills

Certifications

NCFMCISI