(Markets and Financing Operations)-Collateral Management, MTM & Trade Settlements Process, Senior Associate

Who we are looking for:

Looking for Investment Banking professional who understand Agency/Principle lending business with working experience in Collateral Management, Mark to Market and Trade settlements process.​ The team you will be joining is a part of MFO (Markets and Financing Operations) which provides Agency and principal lending services to the biggest asset managers in the world (governments, institutions and financial advisors). Our array of offerings includes Custodial, Security financing (Lending/Borrowing) and post settlement services.

Why this role is important to us:

The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.

As one of the largest and most experienced securities financing providers in the industry, we provide investors with market-leading expertise, technology and scale to accelerate decision-making and enhance performance. With a focus on innovative financing solutions, we’ve expanded our services to support a range of agency lending, repo and prime services, helping investors access new pools of liquidity and providing competitive overnight and term cash investment financing.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for:

As (Markets and Financing Operations)-Collateral Management, MTM & Trade Settlements Process, Senior Associate, you will

Performs several or all of the following duties based on assigned desk (domestic, international) and/or product(s):

• Processes high volume of international loans, borrows, loan returns, borrow returns and mark to markets daily adhering to established procedures and controls; executes cash movements daily; monitors and resolves pending and failing transactions.

• Interacts with traders, client management, fund group(s) and counterparts regarding international trade settlements and cash movements

• Executes instructions to receive or deliver securities from counterparties.

• Confirms end of day re-pricing and money movements with counterparts.

• Reviews contract compare records to validate positions with each counterparty.

• Assists business area with inquiries pertaining to transactional activity; coordinates response with traders, corporate actions staff and other internal teams.

• Ensure timely resolution of counterparty issues including pricing problems, quantities of loans and borrows, etc. while keeping management informed of any potential issues.

• Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed

• Runs and logs critical reports to the balance sheet and provides relevant parties with appropriate report statistics.

• Completes special projects as assigned; provides assistance to operational process improvement efforts

What we value:

These skills will help you succeed in this role:

• Strong knowledge of Agency/Principal Security lending business

• Strong communication, interpersonal, organizational, and time management skills

• Deadline and detail oriented

• Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills

• Should be flexible to work in US (6:30 PM - 3:30 AM IST)

Shit Timing :

06:00 PM - 03:00 AM Indian Standard Time

Work Location:

Bangalore

Education & Preferred Qualifications:

• University degree in Business majoring in Accounting, Finance, or other Financial-related programs

• Overall experience of 3+ years in Trade Settlements, Mark to Market and Collateral Management (NA/EMEA markets) process.

• Investment Banking, Agency/Principal Lending, Custodial Services, Financial Markets knowledge is must.  

• Certifications: certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage but not mandatory.

Secondary Skills (Good to Have)

• Exposure to Equilend, Prium, MCH, DTC and Crest applications

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation 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. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers