Middle Office - Senior Associate

Department Icon BFSI (Operations & Lending)
89+ Applicants
Posted: 2 weeks ago
2-4 years
Chennai, Tamil Nadu
work from office

Posted: 2 weeks ago
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Applicants: 89+
Job Description
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Job Description


Who we are looking for
In this role, you will work with State Street teams from around the globe to support premier investment management clients. You will have immediate responsibility to oversee all day-to-day transactional responsibilities in a fast-paced, flexible and exciting environment.
Why this role is important to us
This is a varied position with a senior level of responsibility within the Transaction Management team, within Middle Office Services. This Transaction Management Officer acts as a Primary contact point for all internal/external clients. The team is responsible for trade confirmation, trade process, trade settlement, and reporting of trade instructions from clients. The team is also responsible for processing directed lending instructions, wire transfers, and trade exceptions. The candidate is require to ensure service delivery to both internal and external clients, ensure timely response to client initiated queries, and escalation of any unresolve matters to manager for best resolution solution.
What You Will Be Responsible For
As Senior Associate, you will
  • Provide a high standard of support to both internal or external clients
  • Embrace State Streets corporate values and support a work environment reflective of those values
  • Effectively communicate with clients, custodians, brokers, managers, and peers within State Street
  • Be a strong team player and demonstrate dedication to group and company goals
  • Demonstrate professional maturity and effective time management
  • Demonstrate the ability to analyze a problem, obtain and evaluate information, and reach sound conclusions
  • Ensure all internal/external clients inquiries are logged and resolved in a timely and satisfactory manner
  • Ensure all daily and monthly services are delivered in accordance with relevant client SLAs
  • Ensure all transactions are processed on a daily basis
  • Participate in semi-annual broker review meetings
  • Facilitate new market initiatives setup
  • Contribute to team initiatives around audit, risk management
  • Complete special tasks and projects assigned by the supervisor or manager.
What We Value
These skills will help you succeed in this role
  • Excellent attention to detail
  • Must be responsible and take ownership to the job which is allocated
  • Must be organized and able to multi-task often working to tight deadlines.
  • Must have demonstrated an ability to handle numerous activities and to prioritize work effectively.
  • Must be pro-active and be a problem solver
  • Must be highly professional interacting with several departments within the company
  • Must be flexible often dealing with ad-hoc queries from clients.
  • Must demonstrate an understanding of the risks involved in the processes and reflect this in their approach to work prioritization
  • A team player
Education & Preferred Qualifications
  • BS/BA degree preferred.
  • Minimum of Associates degree and 2-4 years of prior business experience.
  • Understanding of the Investment Management industry, with a minimum 2 years industry experience
  • Understanding of Investment Manager Operations, particularly around processes and key deliverables
  • Proven ability to communicate in a clear, concise and professional manner
  • Strong time management skills with the ability to prioritise under pressure
  • Good understanding of State Street operations - technical, systems, policies and procedures - is an advantage
  • PC skills with an excellent understanding of Microsoft Word, Outlook, and Excel.
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, youll 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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job ID: R-795573

Skills

ConfirmationLendingManagement SkillsReportingTransaction Management

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About Company

State Street Corporation is a premier financial services provider offering a broad spectrum of investment management, servicing, and administration; research and trading; and financial data analytics to institutional investors around the world. Established in 1792 and headquartered in Boston, Massachusetts, State Street stands as one of the oldest financial institutions in the United States, embodying a rich history of financial innovation and service excellence. It specializes in services for pension funds, endowments, foundations, mutual funds, and other investment pools, with a strong focus on investment servicing and investment management. State Street’s global reach, including operations in more than 100 geographic markets, enables it to deliver an extensive range of services such as fund accounting, global custody, and transfer agency services, among others. Known for its commitment to high standards of corporate governance and sustainability, State Street leverages advanced technology and analytics to provide insights and solutions that help its clients achieve their investment goals while contributing to the development of more effective financial markets globally.

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Important dates & deadlines?

Application Deadline

05 Oct 26, 02:03 PM IST

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Middle Office - Senior Associate

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