VP, Middle Office Trade Management & Settlements

State Street; Quincy (MA); On-site; USD 110,000 - 181,000; Full time

Benefits offered by this job

401K with company match

Comprehensive benefits

Paid time off

Employee Assistance Program

Annual incentive pay

Tax-advantaged savings plans

Job summary

State Street seeks a hands-on Senior Middle Office leader to run a high‑volume production environment for trade management and settlements. You will provide clear ownership during time‑sensitive production issues and escalations, combining operational judgment, product knowledge and client engagement.

You will lead components of end‑to‑end trade management and settlement operations for a major asset manager client, with accountability for control, service delivery and modernisation across

Qualifications

• Bachelor's degree or equivalent professional experience.
• 7–10 years of relevant financial services experience, including substantial experience in trade management and settlements.
• Experience in client-facing Middle Office operations, operational controls, people leadership and technology-enabled change.
• Experience supporting a large institutional asset manager and operating across global markets is preferred.

Responsibilities

• Own assigned components of daily trade management and settlement delivery across the transaction lifecycle, from trade receipt and enrichment through confirmation, matching, instruction, settlement and post-settlement exception resolution.
• Ensure trades are complete, accurate and market-ready, with correct economic terms, standing settlement instructions, account data, broker details, currency, place of settlement and relevant reference data.
• Monitor settlement status, unmatched trades, failed trades, cash breaks, position breaks and aged exceptions; prioritise risk-sensitive items and drive remediation to closure.
• Lead same-day responses to production incidents and client escalations, including impact assessment, containment, root-cause coordination, stakeholder communication and sustainable corrective action.
• Maintain effective relationships with clients, investment teams, trading desks, brokers, custodians, central counterparties, depositories and other market participants to prevent and resolve issues.
• Operate a robust control environment covering maker-checker controls, reconciliations, exception aging, handoffs, evidence retention, procedure adherence and escalation thresholds.
• Use service, risk and quality metrics to manage performance, capacity and priorities. Provide concise reporting on volumes, timeliness, fails, aged items, root causes and improvement actions.
• Lead, coach and develop managers, analysts and subject matter experts across multiple locations; establish clear accountability, effective coverage and disciplined operating routines.
• Partner with operations, product, technology, data, risk and compliance teams on regulatory, market and client-driven change.

Skills

Trade management

Settlement operations

Client engagement

Leadership

Incident management

Cross-functional collaboration

Data-driven reporting

Microsoft Office

Education

Bachelor's degree or equivalent

Tools

MS Excel

Risk and controls platforms

Job description

State Street seeks a hands-on Senior Middle Office leader to run a high‑volume production environment for trade management and settlements. You will provide clear ownership during time‑sensitive production issues and escalations, combining operational judgment, product knowledge and client engagement.

You will lead components of end‑to‑end trade management and settlement operations for a major asset manager client, with accountability for control, service delivery and modernisation across