Job Description

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.

Position: Global Cash Operation Associate

Responsibilities:

- Understand settlement processes and analyze activities of clearing houses (DTC, DTCC, CREST, Euroclear) to ensure proper pre & post settlements.

- Analyze fax and electronic instructions from sales and trading desks, validating them with static data, and understand reconciliation and enrichment processes.

- Collaborate with team members, shared services, and Client Operations to ensure seamless processing according to fund policies.

- Familiarize with backup procedures during system/application issues and support research, exception resolution, and prime broker relationship management.

- Identify unusual or potentially suspicious transactions and escalate according to corporate policies and guidelines.

- Work with internal settlements and reconciliation teams to ensure trade booking, capturing, validation, and enrichment activities comply with market guidelines and cut-offs.

- Understand Trade Life Cycle, ISITC, IFSA, TMPG, and GBP guidelines, and the claims process.

- Knowledgeable in NOSTRO and payment systems (MT202, Fed wire, CREST) and familiar with various Swift messages (MT299, 300, 199, 399, 546).

- Engage in client/counterparty/third-party calls and process improvement projects.

Qualifications:

- Bachelor’s degree with business-related coursework or B.S. degree in Accounting or Finance preferred.

- Minimum 4 years of related custody and/or fund accounting experience.

- Strong computer competence (Microsoft Applications: Word, Excel).

- Accuracy and detail-oriented.

- Strong interpersonal and communication (verbal and written) skills.

- Ability to multi-task and work under pressure in a deadline-oriented environment.

Key Competencies:

- Technical Knowledge & Commercial Acumen

- Quality & Risk Control

- Decision Making

- Client Service

- Communication

- Teamwork

- Coaching

- Drive for Results

- Adaptability

For further information, and to apply, please visit our website via the “Apply” button below.