Associate 2- Middle Office- Alternate Investment Solutions Associate 2- Middle Office- Alternate Investment  …

State Street
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
Competitive
State Street
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
Competitive
State Street
Associate 2- Middle Office- Alternate Investment Solutions
Job Description:
1. Good understanding of settlements for generic equities, fixed income, futures, foreign exchange and the related derivative products
2. Initiate, review and resolve margin calls demands for Derivative and Repo transactions
3. Reconcile MTM and position discrepancies
4. Launch new clients and counterparty relationship contracts in Treasury and Collateral management applications
5. Interact on a daily basis with prime brokers and client counterparties
6. Review and approve client wire and security settlements
7. Resolve cash breaks with prime broker and counterparties
8. Provide input into improvements, reviews and changes to policies and procedures for the team
9. Support planning and management of team training requirements
10. Preform business unit acceptance testing on new system application enhancements to insure the integrity of client data
11. Train new associates
12. Run end of day management reports
13. Review associates' end of day process and check lists
14. During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
Requirements:
1. Bachelor's degree
2. 9+ years of experience
Information Classification: General

3. General knowledge of OTC, Repo and cleared derivatives collateral processing
4. General knowledge of fed, chips and swift wire processing
5. Working knowledge of financial products
6. Excellent computer skills
7. Superior communication skills
8. Ability to work in a fast paced, demanding environment
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