Currency Management Product Specialist- Officer (m/f/d)
State Street
Who we are looking for
The Currency Management team currently services in excess $377 Billion in assets under management for approx. 100 clients globally with significant global presence. The currency management product team services a distinct group of clients, predominately the large mutual / managed fund segment.
As such, we are expanding the reach of our client and account servicing efforts.
The role will have a very marked operational and account servicing connotation but will also allow for ample exposure to clients, portfolio management techniques, product design and strategy design in general.
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.
What you will be responsible for
As Currency Management Product Specialist- Officer you will -
Servicing existing clients on a day-to-day basis, managing share class and portfolio launches, onboarding new accounts, completing operational set ups and managing ad hoc projects.
Carefully managing an accounts launch queue
Providing day to day support to our global client base, addressing queries and resolving time critical issues.
Interacting with operations teams including SSM Trade support , SSM Onboarding , Custody, Fund accounting and Transfer agents, both internal and external.
Interacting with management locally and globally
The role will entail some project management and coordination across multiple teams within Markets but also within the administrative arm of State Street.
The role will also encompass supporting activities carried out by the EMEA hubs and will have exposure to Business Risk Management functions.
The Product Specialist will work closely with other functional groups of the Portfolio Solutions team and will be required to:
Establish themselves as the operational product expert and handle the operational set up of mandates for new and existing clients Globally
Develop a strong knowledge of the full suite of products including a detailed understanding of the operational process and the fundamental principles of fund accounting and performance measurement as they relate to currency hedging
Interact on a regular basis with existing clients and support their needs
Lead onboarding projects with the operations team in Boston to ensure smooth new business installation. Interface with Onboarding/KYC/AML teams as required
What we value
These skills will help you succeed in this role
The successful candidate should have 2 years’ experience in a similar organisation (or prime broker) within an operations/product role
Solid understanding of Fund Accounts /Custody/ Transfer agent operations and how they integrate with an outsourced FX provider.
Solid knowledge of the lifecycle of a currency hedging mandate
Strong operational background.
Coding Skills a plus
Attention to detail and time management are a must.
Ability to work under pressure
Good time management skills
Motivated and self-starter
Education & Preferred Qualifications
Undergraduate degree in finance or related field
Graduate Degree in related field a plus
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
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 information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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