Middle Office, Associate 1

Who we are looking for:
The main function of the role is ensuring accurate Intersystem reconciliation of trades and resolution of breaks between Front Office / Middle Office and Back Office Systems.

What we value:
These skills will help you succeed in this role:
1. Basic understanding of settlements for generic equities, fixed income, futures and foreign exchange

2. Process trades

3. Confirmation of client trades by phone, fax or electronic mail

4. Interact on a daily basis with prime brokers and client counterparties

5. Resolution of trade breaks with client and counterparties

6. Resolve fail with prime broker and counterparties

7. Process client trademan files via excel

8. Run end of day pricing reports and lock downs

9. Review positions and P&L with client

10. Run end of day management reports

11. 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

What you will be responsible for:
The responsibilities of this role will include, but will not be limited to:
- Confirm trades with brokers on Trade Date- Instruct trades to Custodian/Administrator/Client- Communicate all settlement information to the appropriate custodian, and broker.- Resolve any unmatched / failed trades- Resolve any trade related queries with both internal and external parties- Ensure accurate portfolio positions are reflected on the accounting/trading systems- Maintain a database of account, client and custodian details- Know and comply with company policies and procedures- Monitor broker/custodian performance through the use of issue logs- Respond to queries raised by Portfolio Managers/Brokers/Custodians/other Investment Operations departments- Respond to ad hoc requests- Work with other Investment Operations departments and Investment teams to improve processing efficiency- Review current process and make suggestion to improve processing efficiency- Complete projects as assigned

Education & Preferred Qualifications:
- Bachelor’s Degree in Finance, Accountancy or Business-related degree.- Former Client service experience would be an advantage.- MBA/CFA accreditation would be an advantage.- Very good working knowledge of Excel.- Excellent English skills.- Must have the initiative and capability to collaborate with a diverse stakeholder base to deliver timely and high quality output- Must be highly organized with strong attention to detail

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.

State Street is an equal opportunity and affirmative action employer.

State Street's Speak Up Line