Who we are looking for
- Candidates should have strong Domain knowledge and should be well versed with Financial and Capital Market
- The analyst must have strong communication skills and must be able to answer questions from other performance analysts, operations associates, portfolio managers and other users regarding the details of performance calculation process and auditing procedures.
- Candidate who will be responsible to manage day to day Operations in line with SLA and ensure zero deviation to set KPIs & work well in coordination with onsite client partner
- Having good knowledge of excel functions and its applicability is must.
- Good team player and should be able to work under target driven environment
- Knowledge on Investment performance evaluation- measurement, attribution, and assessment
- Self-management (adaptability and resilience, learning behavior, integrity and ethics)
- Thinking (creative thinking, decision making, input seeking, logical thinking and solution finding)
Why this role is important to us
The team you will be joining is a part of Charles River Development (or CRD), that became a part of State Street in 2018. CRD helps create enterprise investment management software solutions for large institutions in the areas of institutional investment, wealth management and hedge funds. Together we have created first open front-to-back platform - State Street Alpha, that was launched in 2019.
Join us if delivering next generation infrastructure, using emerging technologies like AI and Blockchain sounds like a challenge you are up for.
What you will be responsible for
As Senior Associate you will
- Performance analysis and Attribution (i.e. absolute and relative portfolio performance to factors including security selection, asset allocation, currency, etc.)
- Reconcile and update portfolio/benchmark performance and validate, identify, investigate and resolve security level discrepancies at the transaction, position, and pricing level in Global Performance Measurement and Risk applications.
- Retrieve, validate and upload data from various source/vendor systems and upload to the department’s applications.
- Validate completeness and accuracy of data in department’s performance, risk, and analytics tools.
- The analyst must have strong communication skills and must be able to answer questions from other performance analysts, operations associates, portfolio managers and other users regarding the details of performance calculation process and auditing procedures.
- Having good knowledge of excel functions and its applicability is must.
- Onboarding of new clients for investment compliance by understanding the client requirements, interpreting the prospectus / investment mandate and extracting compliance restrictions to create a compliance rule matrix.
- Research ad-hoc queries from client to determine if client portfolio is in line with the investment guideline
- Adheres to Standard Operating Procedures and improvises Operating procedures where they do not fall in line with the process
- Ensures timely resolution of issues while keeping management informed of any potential issues.
- Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements. May have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams
- During the course of normal day-to-day operation, responsible for identifying any unusual or potentially suspicious transaction activity and reporting and/or escalating in accordance with corporate policy and guidelines detailed in relevant operating procedures.
What we value
- Effectively communicate with Global Performance Measurement and Risk, Operations, and IT staff to resolve data issues and escalate problems to the appropriate groups.
- Collaborate with team members to develop, create and validate new performance analytical reports.
- Responsible for maintaining & creating a “best practice” process workflow environment in the team & in the designated projects.
- Must be able to independently “troubleshoot” functional and quantitative issues to ensure high quality report production. Must also be able to determine when problems & issues should be elevated to immediate manager.
- Collaborate with multiple departments across the firm to achieve firm wide goal of performance return centralization.
- Exceptional interpersonal, communication and presentation skills, both written and verbal, required.
- Must be prepared to work flexible hours, potentially alongside UK based colleagues for production and other issues that require immediate escalation and/or resolution.
- Ability to remain calm during stressful periods like quarter end and work well under pressure.
- Active participation in various forums of the organization and providing valuable inputs time to time.
Education & Preferred Qualifications
- Post Graduate, preferably an MBA in Finance from a reputed institute.
- FRM/CFA/Financial industry related certification is an added advantage.
- Fresher/Experienced candidate with 3 - 4 year post-graduation experience in any financial firm.
- Experience in Performance Measurement will be an added advantage.
Good understanding of Equity, Fixed Income and Derivative instruments. - Knowledge of Investment Management industry.
- Knowledge of security analysis and portfolio management, stock exchange markets, financial markets, dividends, trading and settlements is required.
- Excellent analytical and problem solving skills.
- Advanced MS office skills.
Additional requirements
- Team player and ability to multitask
- Proven ability to work accurately and independently.
- Proven ability to prioritize work to meet/exceed deadlines.
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 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 programs 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.
Company: Charles River Development
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