Operations Core Operations, Associate 2

Who we are looking for

An effective and self-motivated team player who can work under tight deadlines and able to perform duties under minimum supervision. Prior working knowledge on Exchange Traded Derivatives (Futures and Options) would be an added advantage.

Why this role is important to us

The team you will be joining is a part of Transaction Management Middle office function which is key to the success of overall service delivery to the clients. The team is involved in Confirmation, Reconciliation of Derivatives products. The team also interacts with various internal and external stake holders to ensure timely and accurate services to the clients across all regions.

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What you will be responsible for

As a team member of ETD you will

• Process and match trades executed on various exchanges, ensuring accurate and timely transaction processing.
• Perform different reconciliations like trade, cash, PLM recons.
• Instruct and process margins for the day and communicate to various parties. 
• Monitor and resolve trade discrepancies, working with traders, brokers, and custodians.
• Ensure compliance with regulatory requirements, company policies, and industry standards.
• Adhere to procedures and complete all tasks in accurate and timely manner.
• Act with sense of ownership and accountability within the team and broader organization.
• Stay up-to-date with industry developments and changes in exchange rules and regulations.

What we value

• Excellent work ethics and self-motivated individuals
• Ability to work accurately to tight deadlines
• Proactive and able to work independently and as part of a team
• Prioritize tasks and ensure flawless service delivery to the clients
• Strong awareness risks associated with the process and follow best practices 

Education & Preferred Qualifications

• Bachelor’s degree with a Business-related major preferred
• 2+ yr. experience in Derivatives services (Futures and Options)
• Preferred System experience: GTM, RKS
• Working knowledge of Excel and other Microsoft Office applications
• Strong English language verbal, written and interpersonal communication skills

Additional requirements

Should be willing to work in either APAC, EMEA and US 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 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.

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