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Manager role in Financing Solutions Secured Finance at State Street, Bangalore, requiring 10+ years experience in repo and collateral operations.
Lead global stakeholders, drive process efficiency, and manage high-volume repo/settlement transactions.
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.
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
- 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 escalati settlement failures, pricing issues, or breaks
- Monitor failed trades and communicate to trading/management
- Support TMPG claims tracking and reporting
What we value
- 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 NA Shift (incl 8PM IST logins)
Education & Preferred Qualifications
- MBA, B.Com
- MS Excel and other tools
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. 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.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Equal Opportunity and Non-Discrimination Statement
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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