Core Operations, Associate 2

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.

Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. State Street is an Affirmative Action/ Equal Opportunity Employer/Vet/Disability.

As a Global cash Operation  Associate, you will interact internally with global Centres of Excellence, Client Operations teams, business unit Shared Service teams and Joint Venture operations teams to complete applicable day-to-day activities, relating to the overall processing for assigned clients and portfolios.

Key responsibility:- Should have good understand of the settlement process and also should be able to analyse the activities of clearing house (DTC, DTCC, CREST, Euroclear) to ensure pre & post settlements were properly followed.

Capable of analysing the fax and electronic instructions received from sales and trading desk and validate with the static data. Also to have good understanding of Reconciliation and enrichment process. Works in conjunction with individuals on the team as well as other shared services and Client Operations to ensure seamless processing according to the fund’s policies Remains familiar with back-up procedures when system applications and/or transmission problems arise. Supports individual and team efforts with regard to research and resolution process for exceptions and inquiries, creating Prime Broker relationships and liaising as necessary to seek assistance in exception resolution During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

Work with internal settlements and reconciliation team to analyse if trade booking, trade capturing, validation and enrichment activities or if any amendments were done are in adherence to Market guidelines within the market and internal cut-offs

Should be familiar with Trade Life cycle and have a fair understanding of different guidelines (ISITC, IFSA, TMPG and GBP guidelines) and good understanding of Claims flow.

Good understanding of NOSTRO and other payment systems (MT202, Fed wire, CREST). Familiar with different types of Swift message (MT299, 300, 199, 399, 546 etc.)and their usage.

Should have a good exposure of initiating client/ Counterparty / third-party calls and should have worked on process improvement project.

Experience / Qualification / Key Skills / Attributes Bachelor’s degree with business related coursework or B.S. degree in Accounting or Finance preferred. Minimum 4 year of related custody and/ or fund accounting experience Strong computer competence (Microsoft Applications: Word, Excel) Accuracy and detail oriented Strong interpersonal skills Strong communication (verbal and written) skills Ability to multi-task Ability to work under pressure, and within a deadline-oriented environment

Key Competencies Technical Knowledge & Commercial Acumen Quality & Risk Control Decision Making Client Service Communication Teamwork Coaching Drive for Results Adaptability 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 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 our employees’ diverse backgrounds, experiences and perspective 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 the 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.

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