Derivatives Operations, Associate Derivatives Operations, Associate …

State Street Corporation
in California City, CA, United States
Permanent, Full time
Be the first to apply
State Street Corporation
in California City, CA, United States
Permanent, Full time
Be the first to apply
State Street Corporation
Derivatives Operations, Associate
This role is within State Street's Derivatives Operations Middle Office. The candidate will be responsible for researching and resolving complex operational issues while demonstrating problem ownership, teamwork, and the willingness to take on special assignments. The candidate will engage in all operational aspects concerning the derivatives lifecycle. The role involves daily interaction with various internal teams, brokers, custodian banks, and clients with the overall goal of providing timely support and resolution of all trade related inquiries and trade processing.

Job Description:
•Booking, confirmation, and settlement of all trade activities received from the investment manager.
•Ensures that all trades are booked within various middle/back office systems and communicated to custody / third parties.
•Provides timely support and resolution of trade transmission issues and inquiries.
•Offers suggestions for updating, correcting, and improving static data.
•Performs the necessary checks on all automated and manual trades.
•Follows standard operating procedures to ensure timeliness and accuracy of processing.
•Acts as a resource within the assigned business unit to resolve complex or non-routine processing related questions/issues.
•Researches complex issues, and proposes tactical and strategic solutions.
•Identifies and takes ownership of issues. Ensures problem resolution is well-documented and communicated to the appropriate parties.
•Prepares and reviews various standardized reports.
•Interacts with internal and external parties to resolve various trade related issues.
•Performs ad-hoc tasks to support team supervisor and the overall business unit as needed.
•Responds to all inquiries timely and accurately.
•Provides recommendations for improving in processing or procedures.
•Assists team with creating, updating and maintaining standard operating procedures.
•Maintains familiarity with back up procedures; provides guidance when system applications and or trade transmission problems arise.
Company Overview

From technology and product innovation to corporate responsibility and community development, 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 - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.