Core Operations, Assistant Manager

Pune, Maharashtra
Permanent
Full-time

23 days ago

Who we are looking for:We are looking for a Senior Associate for our India office locations to service Custody Clients within our Transaction Services Group. Potential candidates will partner with clients and colleagues to manage the cash and trade transactions for clients. Candidates will be preferred with experience into trade & cash settlement, Matching, reconciliation, and client interactions. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the bank and deliver excellent service to clientsWhy 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.What you will be responsible for:As a Senior associate you will:

Think globally by encouraging the regional TS teams to work together to discuss strategic initiatives and close out issues
Assist in gathering/preparing project information by attending and facilitating client and internal meetings
Assist in the analysis of current/proposed processes and recommend solutions and improved processes
Perform & Settle client trade/cash instructions booking to ensure deliverables are met timely
Perform Trade matching and reconciliation of cash & stock for client.
Perform daily checks on file deliverables to the clients, investigate discrepancies
Review and provide reporting to ensure deliverables are met for client inquiries
Maintain working relationship with all client contacts
During the course of normal day to day operation, be responsible for identifying any potentially issue and must report and/or escalate to the managers
Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
Ensure that the highest level of the Code of Conduct is displayed in your behavior
Support the ‘Risk Excellence’ culture within the business
Receive and resolve inquiries in a timely and accurate manner and communicate effectively with client when necessary
Perform daily or weekly reporting functions for the team’s activities
Ensure adherence to Standard Operating Procedures

What we value:These skills will help you succeed in this role:

Ability to multi-task and work efficiently to meet client deliverables.
Good interpersonal & communication skills
Strong critical thinking, problem solving, and decision making skills
Team collaboration & Project management experience
Good client management skills
Experience in an asset management / middle office /Trade & Cash settlement/ Client Facing role
Good time management, organizational and team working skills.
Must be self-motivated, adaptable and show initiative in different circumstances
Flexibility in working outside of your responsibilities and areas of expertise

Education & Preferred Qualifications:

Master’s Degree in Finance, Accountancy or Business related degree.
Min 3+ years of experience in a Middle Office, Trade & Cash Operations, Reconciliation, Settlements or similar areas is necessary.
Customer service experience considered as a plus
Obtained any finance or any professional certification will be advantageous
Advanced Excel skills (advanced formulas, pivot tables, VLOOKUP).

Additional requirements:

Ability to work under tight timelines

Willing to work in any shifts

About State StreetWhat 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

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