Secured Financing - Senior Manager

State Street; Bengaluru; On-site; INR 2,500,000 - 4,500,000; Full time

Benefits offered by this job

Competitive benefits package

Flexible work programs

Educational support

Job summary

State Street in Bengaluru, India seeks an experienced Secured Financing - Senior Manager with 10+ years in repo, collateral and settlement operations. You will manage global stakeholders, lead teams and drive process efficiency within a leading markets group.

Strong risk and control mindset is essential. The role requires managing confirmations, settlements, and cross-border activity while ensuring timely and accurate processing.

Qualifications

• Deep knowledge of repo, collateral and settlement operations.
• Proven ability to manage global stakeholders, lead teams and drive process efficiency.
• Strong risk & control mindset and communication skills.

Responsibilities

• Process repo/reverse repo 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.

Skills

Repo knowledge

Collateral understanding

Settlement operations

Stakeholder management

Leadership

Risk & control mindset

Education

MBA

B.Com

Tools

MS Excel

Job description

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

As Secured Financing - Senior Manager you will

• 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 escalation 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

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 add 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.

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job ID: R-795477