Who we are looking for

We are looking for an individual who has previously worked in an Operations role. The candidate will have regular interaction with internal and external customers, the front office, and senior management. A successful candidate should have a working knowledge of securities lending, borrowing, prime brokerage, trade processing, equity execution, Corp Actions, collateral management, and middle office servicing..

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). 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.

State Street Global Markets is the investment research and trading arm of the bank. It provides specialised research, foreign exchange services, trading, securities lending and innovative portfolio strategies to owners and managers of institutional assets. Our goal is to enhance and preserve portfolio values for our clients through original flow-based research, proprietary portfolio and risk management technologies, trading optimization and global connectivity.

This role would provide an opportunity for building knowledge of the bigger picture of Global Markets and its functions in the Asia Pacific region.

This role supports the Financing Solutions business for Agency Lending, Prime Services and FICC Repo. It entails servicing the Prime, FICC and Agency trading desks, the booking and monitoring of loans and returns, collateral management functions, client financing and sell coverage.

What you will be responsible for

As Financing Solutions Operations Specialist, Officer you will

• Assist in ensuring that all stock loan transactions have been correctly processed. Identify any discrepancies while working with front office and external brokers for resolution

• Manage cash exposures with external brokers, and provide daily client financing forecasts

• Maintain non-cash exposure levels with external brokers

• Monitor Asian market client sells for the global books, assisting in the recalling and returning of lent shares for the purpose of settling client sells in a timely manner

• Ensure all internal procedures and controls are adhered to, with a full understanding of corporate risk policy and standard operating procedures

• Support the team with the completion of ad-hoc tasks

• Work with the Offshore India teams to facilitate settlement and to resolve issues in a timely manner

• Ensure errors and SSGM’s exposure to financial losses are minimised

• Respond promptly to external client and internal stakeholder concerns, needs and requests

• Ensure all agreed deliverables and standards are met, participate in the resolution of problems as required.

What we value

These skills will help you succeed in this role

• Strong relationship management, decision-making, problem solving, risk management, and communication skills.

• Successful candidate should be enthusiastic, keen to learn and be part of a growing team.

• Good communication, organisation, problem solving, analytical and prioritisation skills.

• Microsoft Office proficient.

Education & Preferred Qualifications

• Excellent knowledge of Operational teams – Corp Actions & Dividends and International Settlements (in particular APAC markets)

• Exposure to Securities Finance and/or collateral management

• Minimum 5 years of business/technical experience

• Ability to organise and prioritise duties with a strong attention to detail and understanding of risk

• Excellent relationship management skills

• Sound analytical and problem solving skills required

• Solid understanding of operational risk and client documentation

• Ability to work well under pressure

• Flexible approach to work hours

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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.

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