Financing Solutions, Prime Services - Senior Associate

STATE STREET CORPORATION; Hyderabad; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

State Street Hyderabad seeks Investment Banking professionals with experience in Agency/Principal lending, collateral management, and trade settlements for the Markets and Financing Operations team.

You will manage high-volume international loans, monitor cash movements, and resolve pending or failing transactions while coordinating with traders and client teams. The role emphasizes risk awareness, controls, and daily end-of-day pricing tasks to support accurate reporting.

Qualifications

• 3+ years in Trade Settlements, Mark to Market and Collateral Management (NA markets)
• Investment Banking knowledge in Agency/Principal Lending and Custodial Services
• Certifications like NSE Certification in Financial Markets (NCFM) or NCCMP are a plus but not mandatory

Responsibilities

• Processes high volume of international loans, borrows, loan returns and mark to markets daily adhering to procedures and controls
• Executes cash movements daily
• Monitors and resolves pending and failing transactions
• Interacts with traders, client management, fund groups and counterparts regarding international trade settlements and cash movements
• Confirms end-of-day re-pricing and money movements with counterparts
• Reviews contract compare records to validate positions with each counterparty
• Assists business area with inquiries pertaining to transactional activity
• Coordinates response with traders, corporate actions staff and other internal teams
• Ensures timely resolution of counterparty issues including pricing problems
• Identifies and analyzes operations risks and recommends procedural improvements
• Runs and logs critical reports to the balance sheet and provides statistics
• Completes special projects as assigned
• Provides assistance to operational process improvement efforts

Skills

Agency lending

Collateral management

Mark to market

Trade settlements

Education

Bachelor's degree in Finance

NCFM / NCCMP certifications

Tools

Equilend

Prium

MCH

DTC

Crest

Job description

Who we are looking for:

Looking for Investment Banking professionals who understand Agency/Agency/Principal lending business with working experience in Collateral Management, Mark to Market and Trade settlements process.

Why this role is important to us

The team you will be joining is a part of State Street Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM business unit. As our investment research and trading arm, SSM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world. The team you will be joining is a part of MFO (Markets and Financing Operations) which provides Agency and principal lending services to the biggest asset managers in the world (governments, institutions and financial advisors). Our array of offerings includes Custodial, Security financing (Lending/Borrowing) and post settlement services. Join us if making your mark in the asset management industry from day one is a challenge you are up for.

What you will be responsible for:

• Processes high volume of international loans, borrows, loan returns, borrow returns and mark to markets daily adhering to established procedures and controls
• Executes cash movements daily
• Monitors and resolves pending and failing transactions
• Interacts with traders, client management, fund group(s) and counterparts regarding international trade settlements and cash movements Execute instructions to receive or deliver securities from counterparties
• Confirms end-of-day re-pricing and money movements with counterparts
• Reviews contract compare records to validate positions with each counterparty
• Assists business area with inquiries pertaining to transactional activity
• Coordinates response with traders, corporate actions staff and other internal teams
• Ensures timely resolution of counterparty issues including pricing problems, quantities of loans and borrows, etc. while keeping management informed of any potential issues
• Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed
• Runs and logs critical reports to the balance sheet and provides relevant parties with appropriate report statistics
• Completes special projects as assigned
• Provides assistance to operational process improvement efforts

What we value:

• Strong knowledge of Agency/Principal Security lending business
• Strong communication, interpersonal, organizational, and time management skills
• Deadline and detail oriented
• Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills

Should be flexible to work in US (6:30 PM - 3:30 AM IST) shift

Education & Preferred Qualifications:

• University degree in Business majoring in Accounting, Finance, or other Financial-related programs
• Overall experience of 3+ years in Trade Settlements, Mark to Market and Collateral Management (NA markets) process.
• Investment Banking, Agency/Principal Lending, Custodial Services, Financial Markets knowledge is must.
• Certifications: certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage but not mandatory.
• Secondary Skills (Good to Have) Exposure to Equilend, Prium, MCH, DTC and Crest applications

Work Location:

Hyderabad

About State Street

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.

Inclusion, Diversity and Social Responsibility.

We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality.

Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com

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. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement 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. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement