Who we are looking forAn experienced individual for our Markets Operations – Foreign Exchange Confirmations & Settlements team responsible for trade confirmation and settlement in line with market deadlines and internal SLAs. The individual should possess extensive knowledge and experience on securities, settlements, claims, rates, products, and related financial attributes. Will require to work closely with Business teams, Functional teams, Business Risk, Compliance and Technology teams on day-to-day basis to ensure seamless BAU.Why this role is important to usThe 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.With our FX solutions, investors can access a wide range of markets and jurisdictions using our decision-making and strategy planning tools, diverse funding options and trading strategies. We deliver sophisticated avenues to tap into new sources of liquidity, capitalize on market opportunity and transact efficiently in any market environment. We have a range of solutions from various high- to low-touch principal execution methods, and outsourced agency hedging and execution solutions through our currency management offering. What you will be responsible forAs Senior Associate you willEnsuring timely settlement of cash flows and Investigation and resolution of failsValidate and confirm FX trades (spot, forward, swap, NDFs, options) with counterparties in a timely manner.Manage the end-to-end FX confirmation and Settlement process in line with market deadlines and internal SLAs.Send and match trade confirmations using platforms such as SWIFT, email, or third-party systems (Misys,FXall, GTSS, BBG and CLS, LCH).Perform FX Netting Via email/Call or vendor platforms/ third-party systems (Misys,FXall, GTSS).Monitor unmatched or disputed trades and resolve discrepancies.Liaise with front office, compliance, finance, claims, and IT teams to support the full trade lifecycle.Communicate effectively with counterparties and custodians to ensure timely resolution of issues.Maintain up-to-date records of confirmations and settlements.Ensure settlement of FX trades on value date by liaising with counterparties, custodians, and internal teams.Monitor nostro accounts to ensure funding and settlement accuracy.Support audits and ensure adherence to operational risk and compliance policies.Partner in process improvement, project management or technology development and testing across multiple teams and/or divisionsSupport applicable Change the Bank and Run the Bank Projects impacting the team, from inception, providing SME support, testing and monitoring into ProductionWhat we valueThese skills will help you succeed in this roleRisk mitigation, problem solving, and decision-making skillsAbility to think critically and resolve complex problemsDrive automation initiatives to improve operational efficiencyStay updated on industry regulations and best practices related to FX Confirmation and Settlement operations.What You'll Bring to the RoleFront-to-back knowledge of the FX Confirmation and settlement processes, systems, markets and instrumentsHands on experience in managing Interbank, Corporate, CLS, CLS_NET settlementsWorking knowledge in Settlement/Payment department & understand payment life cycleFamiliarity with systems such as ION, GTSS, Bloomberg, FXALL and Misys SWIFTEducation & Preferred QualificationsGraduate and above preferably in FinanceB.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or CommerceGood knowledge in Back-office confirmations and settlementKnowledge of Global Markets, custody, cash management and payment systemsGood Communication Skills both written and oral5 to 7+ years of experience in Financial Services industryAdditional requirements:Certification on NCFM / CISI (Chartered Institute for Securities & Investment)Knowledge on Macros, SQL & MS Access Database queriesShift Timings: Late EMEA hours / 4pm to 1am ISTPersona: 4 days' work from officeLocation: Hyderabad / MumbaiAbout State StreetAcross 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/careersRead our CEO Statement