Looking for Investment Banking professional who understand Principle/Prime Services business with working experience in Collateral Management, Mark to Market and Trade Settlements process.
Why this role is important to us:
The team you will be joining is a part of MO (Markets Operations) which provides Agency lending and Prime Services to the biggest asset managers in the world (governments, institutions and financial advisors). Our array of offerings includes Custodial, Security financing (Lending/Borrowing) and post settlement services.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.
What you will be responsible for:
Performs several or all of the following duties based on assigned desk (domestic, international) and/or product(s):
- Processes high volume of international loans, borrows, loan returns, borrow returns and mark to markets daily adhering to established procedures and controls; executes cash movements daily; monitors and resolves pending and failing transactions.
- Interacts with traders, client management, fund group(s) and counterparts regarding international trade settlements and cash movements
- Executes instructions to receive or deliver securities from counterparties.
- Confirms end of day re-pricing and money movements with counterparts.
- Reviews contract compare records to validate positions with each counterparty.
- Assists business area with inquiries pertaining to transactional activity; coordinates response with traders, corporate actions staff and other internal teams.
- Ensure timely resolution of counterparty issues including pricing problems, quantities of loans and borrows, etc. while keeping management informed of any potential issues.
- Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed
- Runs and logs critical reports to the balance sheet and provides relevant parties with appropriate report statistics.
- Completes special projects as assigned; provides assistance to operational process improvement efforts
Don't want to miss the next one?
Subscribe to daily email alerts for roles matching your interests.
- Certifications: certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage but not mandatory.
Secondary Skills (Good to Have)
- Exposure to Equilend, Prium, MCH, DTC and Crest applications.
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
Similar roles you might like
More openings like this one — take a look before you go.
