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FX Confirmations & Settlements, Assistance Vice President
State Street. Manage the end-to-end FX confirmation and Settlement process in line with market deadlines and internal SLAs .
Tech Stack
Tools & technologiesSQL
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
- 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
- Certification on NCFM / CISI (Chartered Institute for Securities & Investment)
- Knowledge on Macros, SQL & MS Access Database queries
Benefits
Comp & perks- Generous medical care
- Insurance and savings plans
- Flexible Work Programs
- Development programs
- Educational support
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
FX confirmationsettlement processISO 20022TD+1cash managementpayment systemsMacrosSQLMS Access Database
Soft Skills
leadershipcommunicationrisk managementgovernancecollaboration
Certifications
NCFMCISI