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Lead and manage secured financing operations in Bangalore, overseeing repo, collateral, and trade processes.
Drive risk mitigation, compliance, and process improvement across global teams at State Street.
Title: Secured Financing Operations Vice President Location: Bangalore, India
Who we are looking for
The Secured Financing Operations Vice President is a leadership role responsible for overseeing the operational support of secured funding activities, including repo (repurchase agreements), collateral management, and coupon processing. This role ensures accurate trade processing, risk mitigation, regulatory compliance, and efficient daily operations while leading global teams and driving strategic improvements. The position also involves close collaboration with business partners to drive innovation in processes and systems to enhance efficiency, scalability, and risk management, ensuring operational solutions are closely aligned with State Street’s business objectives, industry practices, and evolving market needs.
Why this role is important to us
The team you will be joining is a part of State Street Markets (SSM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to the SSM business unit. As our investment research and trading arm, SSM’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
1. Trade & Transaction Management
Oversee daily processing of Secured Financing transactions (Repo/Reverse Repo transactions including FICC Sponsored Member program, margin calls, triparty transactions, cash movements/wires)
Ensure timely and accurate trade capture, confirmation, settlement, and reconciliation
Manage lifecycle events including daily maturity and interest payments, margin calls, and coupon processing
Knowledgeable in upstream processes, applications and client tendencies ensuring timely and accurate trade settlement, as well as expedient discrepancy resolution.
2. Collateral Management
Allocate and monitor collateral to ensure compliance with counterparty agreements
Manage any term trades, margin calls, collateral disputes
Assist in optimizing collateral usage across funding and trading desks
Collateral coupon processing
3. Risk & Control
Identify and mitigate operational, settlement, and counterparty risks
Ensure strong internal controls and adherence to audit requirements
Ability to articulate processes and controls to internal and external audit
Investigate and resolve breaks, fails, TMPG claims, and discrepancies
Provide viable solutions and KRI’s to reduce and/or eliminate risk to Secured Financing, State Street, and its clients
4. Regulatory Compliance
Ensure all Secured Financing operational processes comply with relevant regulations, internal policies, and industry standards
Support reporting requirements and regulatory audits
Participate and track internal and external audits throughout the year, ensuring all deliverables and action items are handled timely
Maintain up-to-date knowledge of evolving regulatory frameworks
5. Stakeholder Management
Partner with Front Office, Risk, Treasury, and Technology teams to understand requirements, delivering solutions that support business growth and risk mitigation
Act as escalation point for operational issues working with teams to resolve and/or remove road blocks, and ensuring management transparency
Maintain relationships with counterparties, custodians, and clearing agents
Manage relationships with external vendors and technology partners, ensuring optimal performance and value from third-party platforms and services
6. Team Leadership
Manage and coach operations staff and AVPs
Drive performance, training, and development
Promote a culture of accountability and continuous improvement
7. Process Improvement & Projects
Identify emerging technologies and process improvements to drive operational efficiency, trading profitability, risk reduction, and enhanced client experience with Secured Financing products
Participate in system implementations and strategic transformation programs
Enhance scalability and efficiency of operations
Partner with business leaders, risk, compliance, and technology teams to understand requirements, delivering solutions that support business growth and risk mitigation
Education & Preferred Qualifications
Bachelor’s degree in Finance, Economics, Business, or related field is preferred
12+ years of experience in financial services operations, with focus on secured financing
Strong understanding of Secured Financing products and processes (e.g., trade lifecycle management/settlement, FICC repo, triparty agents)
What We Value
These skills will help you succeed in this role
- Leadership and team management
- Strong analytical and problem-solving abilities
- Attention to detail and risk awareness
- Excellent communication and stakeholder management
- Process improvement and project management
Additional Information
Fast-paced environment
High interaction with trading desks, technology teams, and global operations teams
Time-sensitive operations aligned with market hours
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.
Equal Opportunity Employer
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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