Role at a glance
- Job function
-
Investments & Capital Markets Investment Operations
- Salary
- Not Disclosed
- Location
- Mumbai, India
- Work arrangement
- On-site
- Employment
- Full-time
Spotted an issue?
We’ll check it against the original posting.
About the role
Original posting provided by State Street
The Global Head of Financing and Portfolio Solutions (FPS) Operations within State Street Markets is responsible for the leadership, oversight and strategic development of the operational infrastructure supporting State Street’s trading and financing businesses. The role partners closely with teams across State Street business lines, State Street Investment Services Global Delivery and corporate partners to provide and develop operational services for core State Street Markets businesses and new initiatives. This role also leads the administration and implementation of Corporate and Regulatory programs.
Reporting directly to the Global Head of Markets and Treasury Operations, you will oversee a global team of approximately 250 professionals across Boston, Mumbai, Bangalore, Hyderabad, London, Hong Kong, Sydney, Krakow and New Jersey.
This role may be based in Boston, London, Mumbai, Bangalore or Hyderabad. Given the senior leadership responsibilities of the position, it is expected to be performed primarily from an office location, with limited flexibility available
Why this role is important to us
The team you will be joining is a part of State Street Markets (SSM). 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.
As one of the largest and most experienced providers of financing and portfolio solutions in the industry, we provide investors with market-leading expertise, technology and scale to accelerate decision making, enhance performance and unlock efficiencies across the entire trade lifecycle. With a focus on innovative solutions, we support a range of agency lending, repo, prime services and customizable trading capabilities, helping investors access new pools of liquidity, optimize pre- and post-trade processes, and meet evolving investment and operational needs. Through low-touch, modular and full-service offerings, we help clients achieve peak performance while providing the flexibility, financing and execution solutions needed to navigate increasingly complex markets.
We are in the midst of a significant transformation as we modernize our technology architecture and transition from legacy platforms to a more scalable, future-state environment. The processes and functions that support our Financing & Portfolio Solutions business are critical to the success of State Street Markets and operate at significant scale and complexity. This transformation presents a unique opportunity to help redesign and optimize key workflows, driving greater automation, efficiency and resiliency across the business. As one of the largest businesses within Markets, and one of the world's leading agent lenders, we provide the scale, visibility and impact to shape the future of a market-leading franchise.
Join us if making your mark in the capital markets industry from day one is a challenge you are up for.
What you will be responsible for
As the Global Head of FPS Operations you will be responsible for:
Leading the global operations organization, including 250 professional across regions, ensuring consistent delivery, strong governance, and a risk-excellent operating culture
Driving transformation and modernization, partnering with technology, business and risk teams to ensure scalable, automated, future-state processes
Strengthening controls by embedding industry best practices, improving resiliency, reducing operational risk, and protecting the firm from financial or reputational harm.
Delivering seamless and efficient post trade operational support, including confirmations, settlement, clearing, and data management.
Overseeing applicable vendors and third-party relationships, ensuring service delivery meets required standards, including proper management of cyber risks
Optimizing the operating model and cost base to support scalability, efficiency, business growth, and global consistency
Attracting, developing, and retaining key talent, building a high-performing, inclusive global team with strong succession planning and leadership depth
Leading the execution of key regulatory, governance and corporate initiatives, including Regulatory Reporting, Data Governance and Model Risk
This role represents Markets on various corporate level steering committees and collaborates closely with critical service partners including State Street Investment Services Global Delivery, Compliance, Risk, Technology, Finance, Legal and Human Resources.
What we value
These skills will help you succeed in this role
Inspiring and inclusive leadership with a demonstrated ability to build, develop and retain high-performing global teams.
Strategic thinking and a change agent who can successfully lead large-scale transformation and organizational evolution.
Strong client and execution mindset, with exceptional problem-solving, communication and stakeholder management skills.
A commitment to risk excellence, operational discipline and sound decision-making in a complex environment.
A collaborative influencer who can drive alignment and outcomes across business, technology, risk and corporate functions.
Education & Preferred Qualifications
20+ years of experience in capital markets, ideally across operations, risk, finance or related functions.
Proven track record leading large, global teams and building high-performing organizations.
Deep expertise across financing and portfolio solutions operations, including securities lending, prime services, secured financing/repo, collateral management, liquidity solutions, and associated post-trade operating models.
Demonstrated success delivering large-scale transformation and change initiatives in complex organizations.
Strong commercial judgment, strategic problem-solving skills and the ability to influence stakeholders and drive outcomes.
Attention to detail with an ability to look critically at a problem and propose solutions
Travel up to 10% may be required
About State Street
Across 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/careers
Read our CEO Statement
About the company
State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.