FX confirmation - Assistant Manager

State Street

5 - 10 years

Bengaluru

Posted: 16/01/2025

Job Description

Key Responsibilities/Skills & Knowledge/ Qualification

  • Perform FX Netting Via email or vendor platforms
  • Email counterparty to confirm trades
  • Reach out to client in case of non-receipts
  • Ensure that the focuses on client needs first and drive all efforts to provide exceptional service
  • Review and/ or Implement controls when applicable to reduce risk
  • Will have to engage and communicate daily with the below stakeholders
    • GTCB Cash processing and investigations team
    • SSGM FX Trading and Middle office units
    • Counterparties
    • SSGM FX DBM Team
  • Take responsibility for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures. Should have knowledge of Vendor platform like GTSS, Bloomberg, FXALL and Misys
  • Should have knowledge of confirmation Swift for FX
  • Should have knowledge about different payment swifts
  • Have good understanding of NDF and different FX products
  • Ability to manage multiple tasks / priorities
  • Ability to work under pressure, working to deadlines and dealing with high volumes
  • Strong communication skills – written and verbal, with internal and external contacts
  • Should have good problem solving and people managing skills

Primary Skills (Must have)

  • Customer focus.
  • Demonstrates good team working skills
  • Ability to think creatively, solve problems and identify opportunities to improve existing processes and controls
  • Strong Excel skills – VLookups and Pivot Tables

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About Company

State Street Corporation is a leading global financial services company headquartered in Boston, Massachusetts. Founded in 1792, State Street is one of the oldest financial institutions in the United States. It specializes in investment servicing, investment management, and investment research and trading for institutional clients.

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