Who we are looking for
Experienced person (minimum 10+ years) with deep knowledge of repo, collateral, and settlement operations, coupled with a strong risk & control mindset. Proven ability to manage global stakeholders, lead teams, and drive process efficiency and operational excellence. Strong Communication Skills (Written/Verbal).
Why this role is important to us
The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world's institutional investors, we deliver the industry's most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients' investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.
As one of the largest and most experienced securities financing providers in the industry, we provide investors with market-leading expertise, technology and scale to accelerate decision-making and enhance performance. With a focus on innovative financing solutions, we've expanded our services to support a range of agency lending, repo and prime services, helping investors access new pools of liquidity and providing competitive overnight and term cash investment financing.
What you will be responsible for
As Secured Financing - Senior Manager you will
Must have skills - Repo, Reverse Repo, TPMG Claims, FICC, Settlements, Sponsored Member Repo (SMR), 3rd party Repo
•Process repo/reverse repo transactions across confirmations, settlements, and reconciliations
•Validate trade economics, collateral allocations, and netted settlements with clients/CPs
•Perform daily confirmations for collateral and cash providers via email
•Confirm netted settlements and wire instructions before execution
•Monitor onside/offside settlements for collateral and cash providers
•Track incoming/outgoing wires and ensure timely settlement execution
•Support triparty repo, FICC, and bilateral transactions
•Perform end-of-day balancing between Vendor and settlement systems
•Validate DDA balances and ensure zero discrepancy positions
•Execute FICC netting validation and exception tracking
•Identify and escalate settlement failures, pricing issues, or breaks
•Monitor failed trades and communicate to trading/management
•Support TMPG claims tracking and reporting
What we value
These skills will help you succeed in this role
•Knowledge of repo/reverse repo or secured financing products
•Strong attention to detail and control mindset
•Ability to manage high volumes within tight deadlines
•Good understanding of Repo settlement flows and processing high value payments
Shift: Flexible to work in EMEA and NA (incl 8PM IST logins)
Education & Preferred Qualifications
•MBA, B.Com
•MS Excel and other tools
About State Street
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
