Middle Office, Associate 1

State Street; Drogheda; On-site; EUR 45,000 - 65,000; Full time

Job summary

State Street is seeking a Middle Office, Associate 2 to oversee teams handling trade processing and confirmation. You will monitor daily trade files, assist with confirmations across EMEA, US, APAC, and ensure timely resolution of issues with clients and brokers.

You will also manage trade exports, settlements, reconciliations and pricing with third party sources, while reporting to the Ireland office and spotting unusual activity per policy.

Qualifications

• Degree in Accounting or Finance or Business-related area (minimum 2.2 honors degree
• IT literate or proficient with office software

Responsibilities

• Monitor trade file processing and ensure timely handling of daily trade files
• Participate in trade confirmation and reporting for OTC trades across regions
• Assist in trade exports and settlement instructions
• Oversee reconciliations and follow up on breaks in hub locations
• Ensure daily pricing from approved third party sources
• Report daily status to Ireland Office and escalate issues promptly
• Identify unusual or potentially suspicious activity per policy and report accordingly

Skills

Analytical skills

Communication skills

Numeracy

Problem solving

Decision making

Education

Degree in Accounting or Finance

IT Literate

Job description

Who We Are Looking For

Someone who can provide supervision of the teams responsible for trade processing and confirmation of client’s trades, error reporting and resolution.

Why This Role Is Important To Us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

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

What You Will Be Responsible For

As a Middle Office, Associate 2 you will:

Monitor Trade File Processing

Ensuring all trade files transmitted by the Fund daily on trade-date are processed by the team.

Trade Confirmation And Trade Reporting

Monitor and assist in the confirmation of complex OTC trades executed via MTM and DTCC platforms for EMEA, US and APAC markets. This will involve working closely with clients and brokers to resolve intraday trade alleges and breaks in proactive and timely manner on trade date.

Trade Exports/Settlement Instructions

Ensure the onward transmission of trade details received from the Fund. Resolve, report and escalate any trade export problems.

Reconciliations

Overview of daily reconciliation breaks and ensure all breaks are followed up in the hub locations (Poland) and escalated to Ireland team/client if necessary for your resolution assistance.

Pricing

Ensure pricing for portfolio securities daily from third party pricing sources approved by the Fund.

Reporting To Ireland Office

Ensure daily checklist is complete and verify end of day process is completed.

Highlight, escape and report all issues to the client.

During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escape in accordance with corporate policy and guidelines detailed in relevant operating procedures.

What We Value

• Strong critical thinking
• Problem solving, and decision-making skills
• Strong analytical skills
• Strong verbal and written communication skills
• Highly numerate
• Ability to perform effectively within strict client deadlines
• In depth knowledge of some/all of the following products:

Equity, Futures, Options, Fixed Income, FX, Derivatives (IRS, CDS, TRS, etc)

Education & Preferred Qualifications

• Degree in Accounting or Finance or Business-related area (minimum 2.2 honors degree
• IT Literate

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job ID: R-799916