Collateral Management, Senior Associate

Who we are looking for State Street Markets Foreign Exchange Collateral team ensures all deals/trades are confirmed and settled in a timely manner based on market cut off. This position requires excellent communication skills and an ability to work independently. Applicants should have strong technical skills, be a quick learner, be detail oriented and be able to multitask. Knowledge of some of the following areas are necessary: OTC derivatives collateral management, foreign exchange, derivatives, futures, debt/equity securities and related settlements processing Systems/Applications: DTC, MS Excel and Access, SQL Server, VB, IBS, Intrader and Bloomberg. Why this role is important to us The team you will be joining is a part of State Street Markets. When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world. Join us if making your mark in the capital markets industry from day one is a challenge you are up for. What you will be responsible for As Senior Associate you will Process daily margin calls daily for all agreed clients every day based upon the MTM movements in the market. Monitoring security settlements as well as cash settlements. Investigating on Non-receipt and Non-payments. Month end interest processing and coupon settlements Reach out to client in case of non-receipts Actively delegate with development in mind Actively encourage openness and challenge within the team Foster an environment that supports effective team work across organizations Support the team to collectively identify risk issues for the benefit of all stakeholders Share expertise and apply knowledge to improve processes within the team Ensure that the focuses on client needs first and drive all efforts to provide exceptional Service Review and/ or Implement controls when applicable to reduce risk Take responsibility 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 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.

These skills will help you succeed in this role Customer focus. Demonstrates good team working skills Ability to think creatively, solve problems and identify opportunities to improve existing processes and controls Strong Excel skills – VLookups and Pivot Tables Education & Preferred Qualifications MBA or any financial degree Qualification Good knowledge in Back office confirmations and settlement Good Communication Skills both written and oral Additional requirements  Flexible to work in any shift especially night shifts. 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