FX Collateral Management - Assistant Vice President
Top focus
Who we are looking for: An experienced leader for our Global FX Collateral Management team, responsible for managing a team of collateral management specialists providing end to end operations support to our global front office and middle office teams.
Should possess extensive knowledge and experience on FX and Collateral management workflow. Will need to work closely with Global Markets’ business teams, Onboarding, Regulatory, Business Risk, Compliance and Technology teams Why this role is important to us: The team you will be joining is a part of State Street Global Markets (SSGM) which will be going through significant transformation.
The team provides coverage for all regions APAC, EMEA and NA during their specific time zones. When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit.
As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading and linking asset classes and markets across the world. Join us if making your mark in the capital markets industry from day one is a challenge you are up for.
What you will be responsible for: Oversee daily margin calls & MTM movements. Interacts with traders, client management and counterparts regarding margin disputes, pending margin calls and pending income receipts Liaise with Product and IT for initiatives impacting operations for readiness and preparation Oversee, direct and co-ordinate activities for the Collateral Management team Drive and implement alignment of process across all regions to create efficiencies and reduce risk Lead platform migration and implement projects to improve STP rates Participate in analysis of new products and processes to identify upstream and downstream impacts on internal teams and external clients Communicate with multiple departments (Trading, Middle Office, Investigations, IT) to resolve any issues that arise and discrepancies with urgency Review, enhance and maintain controls to reduce risk for business Stakeholder Management – drive effective engagement strategy, understand and balance expectations, maintain regular connects and frequent communication Proactively drive continuous improvement initiatives to streamline operating models, gain efficiency, identify and mitigate control gaps by improving existing process What we value: These skills will help you succeed in this role: Strong knowledge of FX and Collateral Management Experience in managing teams in multiple locations Ability to think critically and resolve complex problems Effective in process improvement and risk reduction Shit Timing : 2:00 - 11:00 PM IST Work Location: Hyderabad Education & Preferred Qualifications: 10+ years of experience in management and operations in FX industry Knowledge of Global Markets, Custody, Cash Management and Payment Management systems Strong management and employee relation skills About State Street 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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