Operations Core Operations
22 hours ago
Who we are looking for
Why this role is important to us
The team you will be joining is a part of Global Delivery, Investable Cash. Overdraft Monitoring and Coding Team is responsible to keep track of positive or negative balances in the funds. The compensation is charged when fund goes into an overdraft position due to insufficient balance in DDAs to cover outgoing flows. This involves monitoring of DDA balances, research, coding of overdrafts and charge of compensation to IM, Broker, Client etc.
Be a part of this team which will give you an exposure to understand how State Street tracks and monitors overdrafts for their clients and provides real time information.
What you will be responsible for
As a processor in Overdraft Monitoring and Coding Team - Associate 2 you will
Charge appropriate compensation to clients, IM’s and brokers etc.
Distributing, daily, weekly and monthly reports to internal stakeholders
Adhering quality parameters and SLAs
What we value
- Strong critical thinking, problem solving, and decision making skills
- Take ownership and accountability for daily self-review
- Timely completion of assigned coding work
Education & Preferred Qualifications
- Graduation (Commerce)
- Minimum 1 year of experience in State Street
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
State Street is an equal opportunity and affirmative action employer.
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