Valuations - Pricing Specialist, 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. Responsibilities :            Preparation and delivery of valuation reports to internal and external clients and/or their agents in a timely manner. Adhere to, promote, and educate others on the use of department procedures with respect to the review and approval of portfolio market values. Propose changes to procedures to management with a focus of reducing risk, manual inputs, and increasing efficiencies. Ensure the receipt of all pricing feeds, broker quotes, back-up pricing sources and other relevant data on a daily basis. Identify, research, and resolve prices breaking set tolerance levels. Review and approve pricing packages/checklists with a focus on accuracy, detail, audit trail, and timeliness. Perform and review global pricing tasks in a continuous operations environment. Identify, communicate, and resolve fair value situations. Escalate issues to management and/or clients as required. Function as a “team-player”. Work with peers and achieve group/client/unit goals. Train and mentor new investment valuation coordinators. Continuously expand and improve knowledge of financial instruments, corporate actions, and best valuation practices. Maintain proper documentation and back-up for audit purposes. Participate in and contribute to unit project initiatives. Provide outstanding client service to both internal and external clients.

College or university designation preferably with a concentration in finance/business/accounting or equivalent work experience 2+ years experience in securities pricing, fund accounting, or custody operations / securities administration Knowledge of capital markets and complex securities Demonstrate the ability to analyze a problem, obtain and evaluate information and reach sound conclusions Must demonstrate the ability to work as a team player Excellent communication and interpersonal skills Proficient in spreadsheet and database applications such as EXCEL and ACCESS Solid administration, organizational and time management skills Completion of the Canadian Securities Course and/or Derivatives Fundamentals Course is