Middle Office - Associate Middle Office - 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
Middle Office - Associate
Job Description Summary
  • This role is within State Street IMS' Trade Management department.
  • 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 front to back office trade flow.
  • 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.
Responsibilities include:
  • Booking, confirmation, and settlement of all trade activities received from the investment manager.
  • Ensuresthatalltradesarebookedwithinvariousmiddle/backofficesystemsandcommunicatedtocustody/thirdparties.
  • Providestimelysupportandresolutionoftradetransmissionissuesandinquiries.
  • Offer suggestions for updating, correcting, and improving static data.
  • Performs the necessary checks on all automated and manual trades.
  • Followsstandardoperatingprocedurestoensuretimelinessandaccuracyofprocessing.
  • Actsasaresourcewithintheassignedbusinessunittoresolvecomplexornon-routineprocessingrelatedquestions/issues.
  • Researches complex issues and proposes tactical and strategic solutions.
  • Identifiesandtakesownershipofissues.Ensuresproblemresolutioniswell-documented and communicated to the appropriate parties.
  • Prepares and reviews various standardized reports.
  • Interactswithinternalandexternalpartiestoresolvevarioustraderelatedissues.
  • Performsad-hoctaskstosupportteamsupervisorandtheoverallbusinessunitasneeded.
  • 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.
  • Bachelor's degree with business related coursework or equivalent. B.S. in Finance, Economics, or Accounting preferred.
  • Knowledge of financial securities markets, language and products, as well as legal and regulatory requirements.
  • Strong working knowledge of MS Office Suite, including Word, Excel, Outlook and PowerPoint. Knowledge of VBA macros and Business Objects is a plus.
  • Proven critical thinking, technical, analytical, time management and organizational skills.
  • Ability to prioritize workloads under tight deadlines in a very fast-paced trading-driven environment.
  • Strong interpersonal and communication skills in both verbal and written forms.

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.

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