About the role

The Officer – Transaction Management role within State Street's Middle Office / Transaction Management department oversees critical activities across Trade Settlements, Trade Confirmation, and Static Data Maintenance. The Officer acts as a subject matter expert and first formal leadership layer, providing oversight to associates, managing settlement risk and exceptions, governing static data, and driving process improvement and client service excellence across global markets. Based in Mumbai, India, this full-time position requires deep operational expertise, strong risk awareness, and stakeholder management capability.

What you’ll do

Oversee daily settlement processing across global markets for Equities, Fixed Income, FX, Money Market, and Derivatives products
Monitor settlement efficiency and proactively manage high-risk or aged settlement exposures
Review and approve critical settlement exceptions and escalation decisions
Lead investigations of complex settlement failures and client-impacting issues
Coordinate with brokers, custodians, counterparties, and trading desks to resolve settlement breaks
Oversee confirmation and matching activities across electronic and manual confirmation channels
Manage escalations relating to unmatched trades, allocation discrepancies, and affirmation delays
Oversee maintenance and governance of standing settlement instructions, counterparty setup, broker database, custodian information, and market static data

What you’ll bring

Bachelor's Degree in Finance, Commerce, Accounting, Economics, Business Administration, or related discipline
Typically 10 to 15 years of experience in Trade Settlements, Trade Confirmation, Static Data Maintenance, Asset Servicing, Custody Operations, Middle Office Operations, or Investment Operations
Demonstrated experience handling complex client escalations and operational risk events
Trade lifecycle expertise across Equities, Fixed Income, FX, Money Markets, and Derivatives
Settlement risk management and exception management capabilities
Static data governance and maintenance experience (SSI, counterparty setup, broker database, custodian information)
Operational controls and regulatory awareness
Market infrastructure knowledge including CSDs, SWIFT, and global custodian operating models

Nice to have

Master's degree or MBA
Experience working within global operating models across APAC, EMEA, and North America
Experience with CTM, ALERT, Trade Suite, Bloomberg, Aladdin, Charles River, GTM Platforms, and Custody Platforms
Power BI and Advanced Excel proficiency
Experience with CLS Settlement and trade matching utilities
Knowledge of Mutual Funds and Alternative Investments products
Leadership competencies including stakeholder management, coaching and mentoring, and change leadership
Lean and Six Sigma operational excellence initiative experience

Skills

Trade lifecycle expertiseSettlement risk managementException managementStatic data governanceClient serviceOperational controlsRegulatory awarenessMarket infrastructure knowledge

Education

Bachelor's Degree in Finance, Commerce, Accounting, Economics, Business Administration, or related discipline. Master's degree or MBA preferred.