Core Operations - Senior Associate

State Street; Hyderabad; On-site; INR 900,000 - 1,600,000; Full time

Job summary

State Street in Hyderabad is seeking a senior operations professional to ensure the proper settlement of security and cash transactions across international markets. You will liaise with client and IM service teams and sub-custodians to support time-sensitive settlements.

The role requires 4-6 years in financial services, strong attention to detail and the ability to multi-task in a fast-paced environment. You will train team members and help audits and process improvements.

Qualifications

• Bachelor’s degree or equivalent business experience.
• 4-6 years experience in the financial industry, preferably with exposure to asset/cash servicing.
• Proven attention to detail.
• Excellent ability to multi-task.
• Excellent ability to analyze complex documents and understand financial markets.
• Proven ability to accurately process time sensitive transactions containing significant principal risk.
• Ability to work in a fast paced environment.

Responsibilities

• As a senior member of an operations team, provide support and control for various financial markets.
• Provide training to team members.
• Assist in coordinating/demonstrating requested material/process for internal/external audits.
• Assist Managers by prioritizing the workload and ensure daily tasks are completed.
• Provide support related to time critical settlement activity.
• As needed, perform functions of other team members.
• As needed, process and/or resolve complex operational issues.
• Promote and ensure all direct client service inquiries are acted upon and completed in a timely manner.
• Assist and co-ordinate procedural changes to the current process.
• Assist in collecting and analyzing data related to key process and quality metrics.
• Assist by providing coverage in the absence of Staff Members or Manager.
• Assist the Manager by prioritizing the daily workload of the team to accommodate time critical or high risk events.
• Identify opportunities to improve processes within the unit
• Shares own experience/knowledge with others; provides guidance and support to less experienced colleagues.
• Completes own role independently or with minimal supervision/guidance.
• Applies knowledge/skills to a range of activities; acts as a source of technical expertise to others in own area; handles a variety of tasks at once.

Skills

Attention to detail

Multi-tasking

Analytical thinking

Financial markets knowledge

Time management

Education

Bachelor’s degree

Job description

Basic Purpose

Acts as a liaison between the different client/IM service teams and the Subcustodians/Depositories to ensure the proper settlement of security and cash transactions.

Basic Purpose

Acts as a liaison between the different client/IM service teams and the Subcustodians/Depositories to ensure the proper settlement of security and cash transactions. A senior member of a team handling a variety of tasks associated with the settlement of international securities and cash. This role may also focus on specific duties pertaining to more complex issues and projects within a given team such as, corporate initiatives or market specific requirements.

Responsibilities

• As a senior member of an operations team, candidate will provide support and control for various financial markets.
• Provide training to team members.
• Assist in coordinating/demonstrating requested material/process for internal/external audits.
• Assist Managers by prioritizing the workload and ensure daily tasks are completed.
• Provide support related to time critical settlement activity.
• As needed, perform functions of other team members.
• As needed, process and/or resolve complex operational issues.
• Promote and ensures all direct client service relationships inquiries are acted upon and completed in a timely manner.
• Assist and co-ordinate procedural changes to the current process.
• Assist in collecting and analyzing data related to key process and quality metrics.
• Assist by providing coverage in the absence of Staff Members or Manager.
• Assist the Manager by prioritizing the daily workload of the team to accommodate time critical or high risk events.
• Identify opportunities to improve processes within the unit
• Shares own experience/knowledge with others; provides guidance and support to less experienced colleagues.
• Completes own role independently or with minimal supervision/guidance.
• Applies knowledge/skills to a range of activities; acts as a source of technical expertise to others in own area; handles a variety of tasks at once.

Minimum Job Qualifications

• Bachelor’s degree or equivalent business experience required.
• At the minimum 4-6 years experience in the financial industry preferably with exposure to asset/cash servicing.
• Proven attention to detail.
• Excellent ability to multi-task.
• Excellent ability to analyze complex documents and understand financial markets.
• Proven ability to accurately process time sensitive transactions containing significant principal risk.
• Ability to work in a fast paced environment.

Must have excellent prioritization skills and sound independent judgme

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-797178