Client Implementation & Service - Senior Associate

State Street; Hyderabad; On-site; INR 900,000 - 1,300,000; Full time

Job summary

State Street in Hyderabad seeks an experienced professional to coordinate the review of documentation for opening international client accounts and to onboard new business. You will work with client service teams and sub custodian banks to handle openings, closings, renewals, and amendments, while ensuring compliance and process improvements.

The role requires 5–6 years in Global Custody operations, familiarity with SWIFT standards, and strong analytical, communication, and risk‑mitigation

Qualifications

• 5-6 years of experience with Global Custody Account Opening exposure or in related financial services operations.
• Familiarity with account opening systems and market documentation requirements.
• Knowledge of custody and securities services operations and SWIFT messaging standards.

Responsibilities

• Coordinate review of documentation to open international accounts for clients.
• Work with client service teams and local sub custodian banks to facilitate openings, closings, renewals and amendments.
• Develop, review, and maintain SOPs in response to regulatory and business changes.
• Identify process risks and implement control enhancements to mitigate risks.
• Demonstrate strong analytical and problem‑solving abilities; maintain strong stakeholder relationships.

Skills

Global Custody operations

Account opening

SWIFT messaging

Stakeholder management

Process improvement

Regulatory awareness

MS Office

Education

Bachelors’ degree or equivalent

Job description

Who we are looking for:

Individuals to coordinate the review of documentation to open international accounts for clients, onboard new business into State Street, closing of accounts, amendment processing and management of the renewal process in markets where investment licenses expire and require documentation for renewal.

Why This Role Is Important To Us

The team you will be joining is will be responsible for opening securities account in global markets for clients of State Street

What You Will Be Responsible For

The responsibilities of this role will include, but will not be limited to:

• 5-6 years of experience in Global Custody Account Opening, Account Maintenance, or related financial services operations.
• Work with client service teams and local sub custodian banks to facilitate client account openings, closings, conversions, renewals and amendment requests
• Strong understanding of custody and securities services operations.
• Knowledge of SWIFT messaging standards.
• Familiarity with account opening systems and market documentation requirements.
• Demonstrated ability to drive process improvements and enhance client experience.
• Ensure adherence to operational controls, policies, and procedures.
• Identify process risks and recommend control enhancements to mitigate operational and regulatory risks.
• Develop, review, and maintain departmental SOP in response to regulatory and business changes.
• Demonstrate strong knowledge of MCH applications
• Maintain a strong understanding of global market account structures and regulatory requirements
• Strong analytical and problem-solving abilities.
• Excellent stakeholder management and communication skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong negotiation and relationship management skills.
• Attention to detail with a focus on risk mitigation and operational accuracy.
• Ability to work independently and collaboratively within a global team environment.
• Proficiency in Microsoft Office applications.

Education & Preferred Qualifications

• Bachelors’ degree or equivalent
• 5-6 years’ experience with Global Custody Account Opening exposure
• Open to work in flexible shift

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.

• inclusive development opportunities
• flexible work-life support
• paid volunteer days
• vibrant employee networks that keep you connected to what matters most

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-797492