{"id":1139831,"url":"https://alion.io/job/state-street-collateral-management-manager-2","title":"Collateral Management - Manager","company":{"id":1806,"name":"State Street","domain":"statestreet.com","url":"https://alion.io/company/state-street","size_band":"5000+","is_staffing_agency":false,"is_intermediary":false,"ats_vendor":"Workday","truth_index":{"grade":"A","score":100,"open_postings":131,"ghost_share":0,"stale_share":0.153,"repost_share":0.023,"time_to_fill_p50_days":21,"computed_at":"2026-09-23T05:45:00Z"}},"role":"Finance","role_family":"Finance","seniority":null,"employment_type":"full_time","work_mode":"on_site","remote_scope":null,"hiring_geo_confidence":"structured","locations":["Hyderabad, India"],"countries":["IN"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":null,"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Agile","optional":false},{"name":"SQL","optional":true}],"status":"live","first_seen_at":"2026-09-23T10:22:04Z","employer_posted_date":"2026-09-23","last_verified_at":"2026-09-23T10:22:04Z","board_verified":true,"closed_at":null,"days_open":0,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":0},"description":"Job Description\nWho we are looking for:\nWe are looking for a candidate with deep experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties. Should have knowledge in the end to end functions including Onboarding activities ideally.\nWhy this role is important to us:\nCollateral management main focus is to reduce credit risk by exchanging eligible cash or securities between counterparties. The daily calculations are based on MTM of the underlying trades and results in sending Margin Calls, which in turn lead to agreeing transfers. Based on the agreements between our clients and the counterparties the Collateral team in India ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed. The critical onboarding process is particularly important.\nWhat you will be responsible for: As Officer you will:\nEnd to End Margin call processing - Process daily margin calls daily for all agreed clients, who will include banks and fund clients and both cash and security margin calls.\n\nReconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations\n\nFails investigation - Checking the cash non-receipt reports and the custody settlement system (MCH) and initiating correspondence with the client\n\nReporting - Generate a variety of reports, which includes client and internal reporting from an access database and Protocol.\n\nPortfolio reconciliations - Completing any daily or ad hoc manual portfolio reconciliations.\n\nInterest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.\n\nEnsure that the team meets accuracy and timeliness criteria.\n\nCarry out responsibilities fairly and impartially; create and maintain an engaged work environment.\n\nAssist in developing and implementing new workflow approaches and methods as well as system enhancements\n\nCollaborate with internal and external groups to identify, analyze and proactively resolve issues\n\nBe the key point of contact for internal/external clients in a most agile manner\n\nProvide inputs into hire, discipline, control work and terminate employment for direct reports and broader team as needed\n\nProvide inputs to promote, increase salary and bonus for direct reports and broader team as needed\n\nProvide coaching and development opportunities to staff\n\nManage Performance Priorities and development plans\n\nEnsure SOPs/Job Aides/regulations are met and escalate as needed\n\nComprehensive and demonstrated knowledge of overall process and operating model. Understand how Onboarding impacts OPS deliverables and plan to create an error free environment.\n\nIdentify all risk issues, breaches and suspicious transactions and acts in accordance with the 'risk' escalation chain and operating procedures\n\nExecute on the risk framework changes and/or escalation chain changes. Ensure all Key controls are identified, implemented and adhered to\n\nPerform related duties as assigned (Projects - India and Global)\n\nProvide back and coverage as required across EMEA/NA shift\n\nWhat we value: \nThese skills will help you succeed in this role:\n\nCommunicates effectively and accurately in English - experience in facing clients\n\nStrong leadership, management, and organizational skills\n\nAbility to work under pressure and to tight deadlines\n\nAbility to work on own initiative and proactive\n\nVery good management skills\n\nSelf- motivated, flexible, personable\n\nGood interpersonal skills and an understanding of the rudimentary aspects of the global financial industry and also to Collateral Management would be advantageous\n\nEducation & Preferred Qualifications:\nGraduate and above preferably in Finance\n\nB.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce\n\nAdditional requirements:\nExperience on Colline platform is a must\n\nKnowledge on Macros, SQL & MS Access Database queries\n\nAbout State Street\nAcross 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.\nWe 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.\nAs 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.\nDiscover more information on jobs at StateStreet.com/careers\nRead our CEO Statement","description_format":"text","description_chars":5178,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[{"language":"English","level":"All levels","optional":false}]},"benefits":["Flexible schedule"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Financial Services","Wealth Management","Capital Markets","Custody & Fund Administration"],"lifecycle":[{"event":"open","at":"2026-09-23T10:22:04Z"}],"liveness":{"score":86,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.86,"p_room":1,"age_days":0,"expected_fill_days":21,"reasons":["conf:2","win:early","comp:brand"],"computed_at":"2026-09-23T13:10:08Z"},"pay":null,"html_url":"https://alion.io/job/state-street-collateral-management-manager-2","json_url":"https://alion.io/job/state-street-collateral-management-manager-2.json","meta":{"generated_at":"2026-09-23T13:10:08Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers"}}