Middle Office Specialist, Senior Associate Middle Office Specialist, Senior Associate …

State Street Corporation
in Boston, MA, United States
Permanent, Full time
Be the first to apply
State Street Corporation
in Boston, MA, United States
Permanent, Full time
Be the first to apply
State Street Corporation
Middle Office Specialist, Senior Associate
Job Description
The Foreign Exchange (FX) Middle Office team provides support across the globe (North America, Europe, and Asia-Pacific) for State Street Global Market's FX Sales & Trading Desks and Operations groups. The team also acts as the primary liaison for external and internal clients. In addition to trading support and client services, the team participates on projects related to new trading initiatives, testing and implementation planning.

- Assist SSGM FX Sales & Trading with trade support and related responsibilities
  • Research and resolve trade related inquiries from Trading, back office, fund groups, and clients
  • Monitoring SSGM's FX Order Management System: identifying and repairing rejected trades
  • Cancelling, modifying, and rebooking of trades
  • Performing pricing validations for SSGM's indirect FX activity
  • Act as a liaison between Trading Desk, Product Control and Finance on daily pricing discrepancies and produce daily trade activity and profit and loss reports to management
  • Communicate with multiple departments (Trading, Operations, Finance, IT, third party vendors) to resolve breaks and trade discrepancies on a time sensitive basis.
  • Participate in various projects that require FXMO expertise, involvement with testing or future support
  • Understand the intricacies of manual and/or exceptional processes on the FX desk and work with IT, Credit & Compliance, Operations and Business Analysis teams to improve process inefficiencies

- Bachelor's degree or equivalent education qualifications deemed appropriate in local market
- 1-3 years financial services industry experience preferred
- Client facing experience is desirable/Strong client servicing skills are required
- Good written and verbal communication skills
- Ability to work under own initiative as well as part of a team
- Ability to work under pressure and manage multiple priorities
- Strong analytical and problem solving skills
- Proficiency in Microsoft Office applications - Word, Excel, Access, PowerPoint

Location: Boston, MA
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.