GT Operations, AVP Greater Mumbai, India Area + 1 more

Who are we looking for

We are seeking a seasoned and strategic operations leader to join our Global Treasury Operations organization as an Assistant Vice President. This role will be responsible for leading a team supporting Treasury Investment Portfolio, Liability Management, and Repo Operations, ensuring efficient, controlled, and scalable end-to-end operational processes across Market Ops. The successful candidate will bring extensive expertise in Global Treasury products, Repo markets, and operational risk management, coupled with a proven ability to lead high-performing teams in a dynamic and evolving environment. The role requires strong partnership with Global Markets Front Office, Treasury, Risk Management, Compliance, Technology, and other key stakeholders to drive operational excellence, process optimization, and strategic business initiatives. As a leader, you will demonstrate sound judgment, independent decision-making, and the ability to manage multiple priorities while delivering results in a fast-paced, global environment. You will be expected to foster a culture of accountability, continuous improvement, collaboration, and talent development while ensuring a robust control framework and superior client experience.

Why this role is important to us

This position plays a critical leadership role within State Street Markets during a period of significant business growth, transformation, and operational modernization. The Global Treasury Operations team provides essential support across EMEA, APAC, and North America, delivering seamless operational coverage and enabling the execution of key Treasury operations activities.

As an AVP, you will be instrumental in driving operational strategy, strengthening governance and controls, supporting business expansion, and leading transformation initiatives that enhance efficiency, scalability, and risk management. You will serve as a key partner to business leaders, helping to connect operational capabilities with strategic business objectives while ensuring resiliency across markets operations.

When institutional investors require innovative portfolio solutions, financing capabilities, market expertise, and execution excellence, they rely on State Street Markets. As the investment research and trading arm of State Street, Market Ops is committed to delivering value through technology, market expertise, operational excellence, and integrated solutions across asset classes and global markets.

Join us to make a meaningful impact in the capital markets industry, lead transformational change, and help shape the future operating model of Global Treasury Operations

What you will be responsible for

The Global Treasury Operations Function Markets Operations is responsible for providing strategic oversight and operational leadership across Treasury Investment Portfolio, Liability Management and Repo products. The Assistant Vice President will lead a global team responsible for end-to-end trade lifecycle support, including trade confirmations, collateral management, income processing, cash and securities settlements, reconciliations, and exception management. The role will drive operational excellence, risk and control governance, business transformation initiatives, and stakeholder engagement while ensuring scalable, compliant, and efficient support for Global Treasury and Markets businesses

Liaise with front office, compliance, finance, claims, and IT teams to support the full trade lifecycle.

Provide Trade Support for Asset Management and Liability Management teams of Global Treasury

Drive transformation initiatives, including regulatory and market-wide programs such as ISO 20022, T+1, and platform modernization efforts.

Lead end-to-end operational oversight of Treasury Investment Portfolio, Liability Management, Repo, Reverse repo and Markets Operations activities.

Support audit, regulatory, and compliance programs, ensuring ongoing adherence to enterprise policies and industry requirements.

Serve as a strategic partner to Front Office, Treasury, Risk, Compliance, Finance, Technology, and other key stakeholders to support business growth and operational excellence.

Drive and govern strategic transformation initiatives, including regulatory, market-wide, and enterprise programs such as ISO 20022, T+1 Settlement, and operating model modernization.

Establish and oversee a robust risk, control, and compliance framework, ensuring operational resilience, regulatory adherence, and audit readiness.

Own KPI, KRI, and operational performance reporting to drive transparency, accountability, and continuous improvement.

Proactively identify and plug control gaps within the process and ensure all controls are documented and evidenced.​ Consistent satisfactory audit closures ​

Oversee exception management, reconciliations, valuation controls, and root-cause remediation to enhance operational effectiveness.

Lead collateral management, funding operations, cash processing, securities settlements, liquidity support, and related Treasury activities.

Perform process reviews with timeliness and accuracy. Actively assist team members on BAU issues. Manage processing, threshold approvals and upskill treasury product knowledge on continuous basis to identify opportunities

Partner with Technology to deliver automated, scalable, and STP-driven end-to-end workflow solutions while reducing operational risk and manual touchpoints.

oversee day to day BAU, SOP reviews, checklist sign-off, automation initiatives, ensuring successful delivery from concept through implementation and stabilization.

Lead, mentor, and develop a high-performing team through coaching, succession planning, knowledge management, and capability building.

Drive process optimization, procedural governance, and operational best practices to improve productivity, scalability, and service quality.

Manage executive stakeholder relationships and provide strategic operational insights to support informed decision-making.

Champion a culture of innovation, accountability, client focus, and "Risk Excellence" while proactively identifying opportunities for business and operational improvement.

Work closely with senior management to keep them informed of new developments, service issues and new business opportunities.

Communicate regularly with business partners on current and future plans.

Proactively identify and incorporate best practices.

Develop and monitor individual development plans for the team.

Assist in the development of a high performing employee culture

What we value

These skills will help you succeed in this role

Strong risk mitigation, problem solving, and decision making skills

Ability to think critically and resolve complex problems

Drive automation initiatives to improve operational efficiency

Stay updated on industry regulations and best practices related to FX Confirmation, Settlement operations.

What You'll Bring To The Role

Front-to-back knowledge of the Treasury product related Confirmation, Settlement, systems, markets and instruments

Hands-on experience in managing FICC, NSCC, Repo, reverse repo, DTC and FED settlements

Working knowledge in Settlement/Payment department & understanding payment life cycle

Familiarity with systems such as Markitwire, Summit, In-trader, MCH, Hogan , IBS, Bloomberg, FXALL, SWIFT

Education & Preferred Qualifications

Bachelor’s degree required, MBA preferred

13+ years of audit, strategy, product management, operations, risk or control experience

Finance or Treasury experience

Minimum of 5 years of management experience

Strong collaboration, communication, and leadership skills

Knowledgeable about risks and controls/controls design frameworks

Proactive and self-motivated

Strong work-ethic with ability to multi-task in a rapidly-changing environment

Demonstrated ability to build strong professional relationships

Proficiency in Microsoft Office suite – Excel, Word, PPT

Additional requirements:

Knowledge of Macros, Artificial intelligence, Automation tool etc

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

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.

Why State Street Markets

State Street Markets has been recognized with eight awards at the 2025 Euromoney Foreign Exchange Awards, which is a powerful testament to our leadership, innovation, and client-first mindset in the global FX market.

We were honored across eight prestigious categories, including:

• World’s Best Bank for Real Money Clients
• World’s Best Bank for Client Service
• World’s Best Bank for FX Research
• World’s Best FX Venue for Real Money Clients – (FX Connect®)
• World’s Best FX Solution for Real Money Clients – (LINK)
• World’s Best Solution for Data Management – (BestX®)
• World’s Best Provider of TCA Solutions – (BestX®)
• World’s Best New FX Platform – (BestXecutorSM)

Discover more information on jobs at StateStreet.com/careers | Read our CEO Statement |

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