Middle Office, Assc1 Middle Office, Assc1 …

State Street Corporation
in Princeton, NJ, United States
Permanent, Full time
Be the first to apply
Competitive
State Street Corporation
in Princeton, NJ, United States
Permanent, Full time
Be the first to apply
Competitive
State Street Corporation
Middle Office, Assc1
IFS provides fund accounting, administration, tax, compliance and middle office trade support services to hedge fund managers. IFS combines its experienced teams of trained financial service professionals with sophisticated software development talent to create a superior trade support infrastructure that features Straight-Through-Processing (STP) and real-time information. The responsibility of the Treasury Operations group is to provide clients with support for managing OTC and Repo collateral margin and to coordinate the payment processing of collateral, trade related activity, expenses, and all other settlements.

Job Description:

Basic understanding of generic derivatives, equities, fixed income, futures and foreign exchange Initiate, review and resolve margin calls demands for Derivative and Repo transactions Identify and reconcile MTM and position discrepancies Confirm client Initial Margin requirements at trade and portfolio levels Initiate client wire and security settlements Interact on a daily basis with prime brokers and client counterparties Resolve cash breaks with clients and counterparties Review collateral summaries with client Run end of day reporting Complete and review end of day client checklists with team 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:

Bachelors degree 0-5 years of experience Working knowledge of financial products Excellent computer skills Superior communication skills Ability to work in a fast paced, demanding environment.
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