FX Confirmations & Settlements Manager
State Street provides financial services to institutional investors through investment management, custody, and servicing solutions.
About State Street
State Street helps institutional investors manage and safeguard assets through custody, fund administration, and investment management services. You can access front-to-back investment platforms, digital asset services, and global market solutions.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You manage the end-to-end foreign exchange confirmation and settlement process, ensuring market deadlines and internal service-level agreements are met. You coordinate with front-office, compliance, finance, claims, information technology, risk, and technology stakeholders; lead operating-model and infrastructure transformation; oversee controls, vendors, audits, regulatory changes, payments, securities, and workflow improvements.
Requirements
- Extensive knowledge of securities, settlements, claims, rates, treasury products, and related financial attributes
- Front-to-back knowledge of foreign exchange confirmations, settlements, systems, markets, and instruments
- Hands-on experience managing Interbank, Corporate, CLS, and CLS_NET settlements
- Working knowledge of settlement and payment departments and payment lifecycle
- Familiarity with ION, GTSS, Bloomberg, FXALL, SWIFT, and Misys
- Knowledge of global markets, custody, cash management, and payment systems
- 10+ years of experience in the financial services industry
- NCFM or CISI certification
- Knowledge of macros, SQL, and Microsoft Access database queries
- Finance or commerce-related degree preferred
Responsibilities
- Manage the end-to-end FX confirmation and settlement process
- Liaise with front-office, compliance, finance, claims, and IT teams
- Lead the transformation toward a standardized operating model and new technology infrastructure
- Participate in ISO 20022, TD+1, and other bank-wide initiatives
- Deliver cash payments and securities accurately and on time
- Strengthen the risk and control environment across global teams
- Partner with Technology to deliver an end-to-end workflow solution
- Support change-the-bank and run-the-bank projects
- Oversee vendors and ensure adherence to regulatory and market changes
- Partner with ERM and compliance teams on resilience and control assurance
- Support audits and operational risk and compliance policies
Benefits
- Medical plans for employees and dependents
- Employee and family life insurance
- Accidental death and dismemberment coverage
- Employee Assistance Program
- Regionally specific savings and retirement plans
- Paid vacation
- Paid volunteer days
- Paid parental leave
- Back-to-work support
- Adoption assistance
- Flexible work arrangements
- Group savings
- Discounts at sports clubs and cinemas
- Employee referral bonus program
