Collateral Management Team Lead

About the role

State Street Markets is seeking a Collateral Management-Team Lead in Bangalore, India, to oversee daily collateral management, settlement, and returns processing for securities lending and financing solutions. The role involves monitoring market loan and return transactions, managing collateral, repricing, and resolving counterparty discrepancies while interacting with trading desks, borrowers, and internal teams. The position operates on a US shift (6:30 PM – 3:30 AM IST) with work location in Bangalore.

What you’ll do

• Returns booking and exception monitoring the settlement of market loan and return transactions, ensuring collateral is appropriately managed daily
• Processes high volume of international loans, Recall returns, Equilend & Non-Equilend Broker Returns daily adhering to established procedures and controls; monitors and resolves pending and failing ag
• Interacts with traders, client management, fund group(s) and counterparts regarding discrepancies if any
• Executes instructions to receive or deliver securities from counterparties
• Confirms end of day re-pricing and money movements with counterparts
• Reviews contract compare records, DDA's to validate positions with each counterparty
• Assists business area with inquiries pertaining to transactional activity; coordinates response with traders, corporate actions staff and other internal teams
• Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed

What you’ll bring

• University degree in Business majoring in Accounting, Finance, or other Financial-related programs
• Overall experience of 7+ years in Agency Lending, Stock Loan, Trade Settlements, Mark to Market and Collateral Management (NA/EMEA markets) process
• Strong knowledge of Agency/Principle Security lending business, Capital markets and Equities
• Investment Banking, Agency/Principal Lending, Custodial Services, Financial Markets knowledge
• Demonstrated computer proficiency, including advanced knowledge of MS Excel
• Strong communication, interpersonal, organizational, and time management skills
• Deadline and detail oriented with problem solving and analytical skills
• Flexible to work in US (6:30 PM - 3:30 AM IST) shift

Nice to have

• Certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage but not mandatory
• Exposure to Equilend, MCH, and DTC applications

Skills

Benefits

• Generous medical care, insurance and savings plans
• Flexible Work Program to help match your needs
• Wealth of development programs and educational support
• Paid volunteer days
• Matching gift program and access to employee networks

Education

University degree in Business majoring in Accounting, Finance, or other Financial-related programs