State Street India | Collateral Management - Senior Associate

Responsibilities

• We are looking for a candidates with experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties.
• The position will contain a basic training to carry out activities by working both remotely from home and from office.
• Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations
• Reporting - Generate a variety of reports, which includes client and internal

Requirements

• Proficient knowledge of MS Excel and Outlook; Power Point and Word will be an advantage.
• Proficient knowledge of MS Access and VBA.
• Knowledge of OTC markets/ derivatives instruments, Collateral Onboarding.
• Numeracy skills; attention to details.
• Accuracy and ability to work with tight deadlines.
• Ability to collaborate and teamwork; organizational skills; supervising group of specialist if need be.
• Certification on NCFM / CISI (Chartered Institute for Securities & Investment).
• Knowledge on Macros, SQL & MS Access Database queries.
• Should have knowledge in calculations based on MTM and results in sending Margin calls.
• Experience in finance and custody
• Self-motivated and reliant, flexible
• Graduate and above preferably in Finance

State Street

State Street Corporation is a US financial services company headquartered in Boston, Massachusetts, with roots that go back to 1792. It is one of the world's largest custody banks and asset servicers: pension funds, mutual funds, insurers and other institutional investors rely on it for custody, fund accounting and fund administration, middle-office and data services, while its investment management arm, known for the SPDR exchange-traded funds, manages money for institutions and individuals.

In India, State Street works mainly through State Street Corporate Services Mumbai Private Limited, with offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City. These teams serve State Street's global clients in fund accounting, NAV calculation, fund administration and financial reporting, reconciliations, transfer agency, regulatory reporting, risk and technology — work that suits B.Com, M.Com, CA, CMA, CFA and MBA (Finance) profiles.

• Industry: Financial services — custody, fund services and investment management
• Headquarters: Boston, Massachusetts, USA
• In India: Offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City (Gandhinagar)