State Street India | Middle Office - Senior Associate

Responsibilities

• In this role, you will work with State Street teams from around the globe to support premier investment management clients.
• You will have immediate responsibility to oversee all day-to-day transactional responsibilities in a fast-paced, flexible and exciting environment.
• This is a varied position within the Transaction Management Exchange Traded Derivatives Team, within Middle Office Services.
• This Transaction Management ETD Sr. Associate acts as a Primary contact point for all internal/external clients.
• The team is responsible for trade confirmation, trade processing, reconciliations with prime brokers, margin validation & processing and reporting to clients as agreed within service level agreements.
• The team is also responsible to maintain client Recordkeeping data updated, process wire transfers, and work with prime brokers to resolve exceptions.
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• Work, Live and Grow.
• Drive transaction management, settlement and excellence though proactive management of the trade lifecycle
• Build a strong risk management and control environment
• Communicate effectively on issues / problems with the Clients and with STT management and ensure a proper and timely follow-up to ensure resolutions
• Ensure all internal/external clients inquiries are logged and resolved in a timely and satisfactory manner
• Ensure all daily and monthly services are delivered in accordance with relevant client SLA’s
• Assist with compliance reviews, controls and audits
• Work effectively with peers locally and across the region to achieve common goals

Education & preferred qualifications

• Experience” option. Remember to review all new entries in your profile and make sure resume information was parsed correctly.
• Understanding of Middle Office operations, with strong knowledge of Exchange Traded Derivatives trade confirmation, processing, reconciliation and trade life cycle.
• Proven experience with client communication/interaction at multiple levels.
• Understanding of key technology within the support of investment management operations.
• Experience of being part of organizational change, with an understanding of change management principles, techniques & tools.
• Experience in leveraging technology solutions including low-code tools, SQL, Python or similar is advantageous.
• Strong MS Excel, Access, Word, PowerPoint skills necessary.
• Strong English written and spoken ability.
• Excellent attention to detail
• Must be responsible and take ownership to the job which is allocated
• Must be pro-active and be a problem solutioner
• Must be flexible often dealing with ad-hoc queries from clients
• Understanding of the risks involved in the processes and bring it to the attention of management

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)