• Portfolio Solutions Operations

Who we are looking for Looking for collateral management professional who understands the entire flow of stock lending process to ensure that collateral is delivered received as per the terms and conditions agreed upon with our customers for in-scope of equity products 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 Our portfolio solutions optimize pre- and post-trade processes so investors can unlock efficiencies across the entire trade lifecycle We offer customizable trading services in low-touch modular or full-service options to meet any need while helping our clients reach peak performance Select if Research and Insights To deliver strong performance in today s markets institutional investors need an edge Research that provides high-value insights before the markets shift Distinctively focused data and insights that help reinvent models shift perception and convert fresh ideas into actionable opportunities At State Street Markets we ve designed an award-winning platform of topical research and insights that accelerate investors competitive edge helping to achieve performance goals make better-informed decisions and seize market opportunities as they emerge 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 Management of transactions trades between State Street and the various Brokers Client Ensuring all trades trade instructions are settled cancelled and fix any breaks that occur between SS and Brokers Understanding and Knowledge of complete Trade Life Cycle and various Market Systems DTC BONY EUROCLEAR BLOOMBERG Assist in driving various firm and team initiatives including Operational Efficiencies and Controls improving the risk and control environment and maintaining procedures Monitoring various queues and remediation of short position to ensure trade instructions reach market on time Communicate with Trading Desk Borrowers Counter parties to remediate issues Diligently Follow and maintain SOP s Candidate should have good MS Excel skills Coordinate settlements for institutional clients for both international equity and fixed income transaction products Promotes creates and implements policies and procedures Coordinate resolution of trade settlement discrepancies with counterparties Manage TMPG claim resolution with executing brokers Manage aged fails update status reports based on correspondence with counterparties Work with trade processing settlements to correct trade records as needed to mitigate failed trades Reconcile daily activity within firm accounts Contributes to Operations strategy and product development for the group Interfaces with technology and product development to ensure future system changes enhancements are fully tested and documented Very good understanding of financial market activities and transactions Very strong problem solving customer service communication and organizational skills Creating and analyzing new methods to proactively identify discrepancies in data Serves as an expert resource on operational needs for the group Interfaces with traders Compliance Operations and other areas within SSGM to ensure efficient business flows and controls exist for the group Escalation point for resolution of queries from external and internal groups for your department Business continuity responsibility for the group - oversees offsite testing and updates to BCP plans and procedures Participates in internal committees or industry groups to promote operational efficiencies and enhance knowledge Leverages promotes use of technology to achieve operational efficiencies mitigate operational risks and reduce operating costs Works with management to ensure favorable audit ratings What we value These skills will help you succeed in this role Good knowledge on complete Trade Life Cycle Strong communication interpersonal organizational and time management skills Work as a team player in a global team environment Excellent communication organization interpersonal planning and analytical skills Deadline and detail oriented Demonstrated computer proficiency including advanced knowledge of MS Excel as well as problem solving analytical and technical skills Shift Timing Night Shift 6PM-3AM 7PM-4AM 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 the finance industry familiarity with securities operations preferable securities lending activities Technical Skills - IT and Systems Intermediate demonstrable knowledge of Microsoft Office suit Euroclear CREST DTCC Fidessa DUCO Bloomberg BONY Are you the right candidate Yes We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them Although each vacancy details what we are looking for we don t necessarily need you to fulfil all of them when applying If you like change and innovation seek to see the bigger picture make data driven decisions and are a good team player you could be a great fit 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