Operations Client Implementation & Service, Associate 2

Who we are looking for: We are seeking a candidate with a strong knowledge of financial markets and products. The ideal candidate must possess excellent communication skills, and have a basic understanding of regulatory frameworks. Attention to detail is very crucial. Proficiency in MS Office suit is a must. Fair understanding of Market data Vendors Such as Bloomberg, Reuters and IDC is required. Experience in Financial Markets over a year will be a value add. We at State Street provides valuation of client Portfolios for Asset Managers and Pension Funds. The primary service revolves under running control reports Missing, Variance and Stale as per client instruction and resolving all the exceptions. In the process, team will apply price for missing price securities, validate variance and stale with alternate vendor, Research Corporate Action Securities, perform portfolio level pricing and Generate & Publish Client Specific Reports. The Clients’ portfolios include products like Equity, Fixed Income, OTC and Exchange-traded Derivatives, FX, Bank Loans, Futures forwards and Option products. The teams perform the control checks for Daily, Weekly, Monthly . 2-3 years of experience in Financial Markets is a must  Why this role is important to us: The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities. Join us if making your mark in the financial services industry from day one is a challenge you are up for. US Retirement Benefits Payment Specialist End to end process knowledge of payments ( US Benefit Payments would be helpful ) Skilled in Reconciliation, US Tax withholding & remittance, Check, ACH & Wire payments, Ledger Adjustments, Client Relationship Management (CRM), Internal and External Funding Develop and maintain records of participants and beneficiaries including active, deferred, retired, and separated members Maintain knowledge of legal and regulatory changes, trends, and other developments affecting retirement benefits Prepare reports provided to internal and external customers, including maintenance of supporting documentation Performs other duties as assigned Required Skills/Abilities: Excellent interpersonal skills with ability to execute retirement plan payouts and reconciliation of payment Thorough understanding of taxable and nontaxable deductions related to retirement benefits Excellent organizational skills and attention to detail Proficient with Microsoft Office Suite or related software 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