Manager, FX Confirmations & Settlements

State Street

Manage FX confirmations and settlements processes while ensuring compliance and operational efficiency. Lead transformation initiatives in a team focused on financial services.

Posted 7/9/2026full-timeBangalore • 🇮🇳 IndiaSeniorLeadWebsite

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 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

Requirements

What you’ll need

10+ years of experience in Financial Services industry
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 & understanding 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
Good Communication Skills both written and oral
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 and educational support
paid volunteer days
matching gift programs
employee networks

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Interbank SettlementsCorporate SettlementsCLS SettlementsPayment Life Cycle UnderstandingBack-office ConfirmationsSQLMacrosMS Access Database Queries

Soft Skills

Good Communication Skills

Certifications

NCFMCISI