Financial Accounting And Distribution

Who we are looking for Looking for professional who have good understanding about the Stock Lending Investment banking Cash management and Broker Billing process Why this role is important to us The team you will be joining is a part of State Street Global Markets SSGM The investment and divestment of all cash collateral in state street s Agent lending program is managed by the Financial Accounting and Distribution FAD team The team is responsible to manage the cash forecasts to Investment managers Settling the bills with brokers process earnings out the cash investments to the clients This process is dealing with clients and their money so the attention to the details and timely cash settlement is required What you will be responsible for The SF Financial Accounting and Distribution Cash mgmt Broker Billings and Client Earnings Officer will be responsible for distributing Client and Agent Securities Lending Earnings for all regions and currencies globally Calculate and distribute Client and Bank Earnings to meet the monthly deadline Ensure that work is completed on-time and accurately All issues are identified escalated in a timely fashion Assists the JV offshore team for complex and aged billing issues Manages the collection of offline payments coordinated between trading and borrowers Performs Earning DDAs daily reconciliation Prepares monthly Cash final data to ensure Bank Client earning co-agent fee management fee are accounted accurately During the course of normal day-to-day operation responsible for identifying any unusual or potentially suspicious transaction activity and reporting and or escalating in accordance with corporate policy and guidelines detailed in relevant operating procedures Participates on projects or committees within the department and or with BU Shared Services and Client Operations teams Ability to manage multiple tasks priorities Ability to work under pressure working to deadlines and dealing with high volumes Strong communication skills - written and verbal with internal and external contacts Should have good problem solving and people managing skills Ability to remain organized pay strict attention to detail and meet critical deadlines within a high volume fast-paced environment Must be able to work in a fast paced environment Detailed orientated with ability to consistently and accurately execute against operational controls Ability to adapt to a changing environment and demands of transition of new clients Must possess strong communication skills with ability to participate in or lead conference calls and present financial results to financial and non-financial audiences at various levels of seniority Pride of ownership with the ability to drive results within the Business Solid business knowledge as it relates to the financial services industry Self-motivated self-assured and self-managed Results oriented ownership mindset Ability to multi-task and work under high pressure deadlines What we value These skills will help you succeed in this role At least 10 years prior Financial Industry experience - of which at least 8 year are in Global Markets within Earning and Billing management Stock-loan or Stock-lending positions An ability to understand complicated workflow and reconciliation controls impacting up to 4 system or reporting platforms An ability to manage exceptions and remediate escalate such items at point of discovery Experience in a high volume Operations environment Proficient in Microsoft Office Applications Excel Access Word and Power Point Strong client service analytical problem solving and communication skills A broad understanding of Fund Accounting Billings and CASH management functions Shift Timing Login should be between 5 30 to 9 00PM IST Work Location Bangalore Education Preferred Qualifications University degree in Business majoring in Accounting Finance or other Financial-related programs Overall experience of 10 years in Cash management Broker billings or related work Stock lending experience is a must Pre or post-trade Settlement Secondary Skills Good to Have Good hands on experience in Excel and PowerPoint presentation Excellent interpersonal written and verbal communication skills with the ability to interface effectively with individuals at various levels both internal and external Analytical with strong problem-solving abilities and creative resolution skills Self-motivated with the ability to work on multiple projects in a fast-paced environment Comfortable presenting and pitching new ideas to senior management teams in large settings Strong Analytical skill set Financial product and institution knowledge 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