This position will support the production and day to day activities in Securities Finance Collateral management. Assists in the creation and maintenance of Standard Operating Procedures and checklist and perform duties with due diligence and integrity.
Why this role is important to us:
The team you will be joining is a part of State Street Markets SSM gives asset owners and managers access to the essential financial tools they need, to deliver effective investment solutions. From core custody, lending, and shareholder recordkeeping, join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for:
As Agency Lending Collateral & Settlement, Senior Associate you will,
- Knowledge of Securities lending program, Cash collateral, MTM, Settlement and resolving breaks.
- Strong attention to detail and a focus on service.
- Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
- Ability to perform under pressure and manage high volumes.
- Committed to learn technical aspects of each deliverable.
- Ability to communicate with various internal teams to resolve queries and escalate accordingly.
- Strong communication, interpersonal, organizational and time management skills.
- Understand errors, perform root cause analysis, implement corrective actions
- Responsible for the direction and training of subordinates.
What we value:
These skills will help you succeed in this role:
- Good understanding of financial services and investment products.
- Excellent written and verbal communication skills
- Problem solving & analytical skills
- Ability to work on MS Office (Excel, Word and PPT)
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- Graduate degree in Business, Accounting, Finance or equivalent experience preferred
- 2 to 5 years of experience in Securities lending or collateral management is preferred
- Knowledge of Securities lending Collateral would be a plus, not mandatory
Additional requirements:
- Strong attention to detail and a focus on service.
- Strong written and verbal communication skills.
- Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
- Ability to perform under pressure and manage high volumes.
- Committed to learn technical aspects of each deliverable.
- Ability to communicate with various internal teams to resolve queries and escalate accordingly.
- Strong communication, interpersonal, organizational, and time management skills.
- Demonstrates an ability to be a leader within their team, as well as be a leader amongst your peer
- Ability to drive change.
- Flexibility to work in different shifts
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 in locations, but you may expect generous medical care, insurance, and savings plans among other perks. You’ll have access to a flexible work program 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 that 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 program 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.
Discover more information on jobs at StateStreet.com/careers
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