Middle Office, Team Lead

STATE STREET CORPORATION; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

State Street Corporation is seeking a Junior level Middle Office Associate to support a major international Investment Management client from Bengaluru. You will oversee daily trade management activities, ensure timely client inquiries responses, and collaborate with custodians, brokers and managers to maintain service quality.

In this role you will log inquiries, monitor SLAs, support settlements and participate in risk and audit initiatives.

Qualifications

• Degree in Finance, Accounting, or Business Management.
• Minimum 2 years of experience in investment operations or middle office.
• Strong communication and time management skills.

Responsibilities

• Provide end-to-end support to a large international Investment Management Client.
• Log and resolve client inquiries in a timely manner.
• Ensure daily trade processing and settlements are completed.
• Participate in audits, risk management, and process improvements.

Education

Degree in Finance, Accounting, Business Management

Job description

Who we are looking forIn this role, you will work with State Street Middle Office team from around the globe to support premier investment management clients. You will have immediate responsibility to oversee all day-to-day transactional responsibilities in a fast-paced, flexible and exciting environment.Why this role is important to usThis position is for Junior level responsibility within the Middle Office Services operations. The team is responsible for end-to-end service delivery for majority of the Middle office Trade Management functions. The candidate is required to ensure service delivery to both internal and external clients, ensure timely response to client initiated queries, and escalation of any unresolved matters to manager for best resolution solution.What you will be responsible forAs Senior Associate, you willSupport a large international Investment Management ClientProvide a high standard of support to both internal or external clientsEmbrace State Street’s “corporate values” and support a work environment reflective of those valuesEffectively communicate with clients, custodians, brokers, managers, and peers within State StreetBe a strong team player and demonstrate dedication to group and company goalsDemonstrate professional maturity and effective time managementDemonstrate the ability to analyze a problem, obtain and evaluate information, and reach sound conclusionsEnsure all internal/external clients’ inquiries are logged and resolved in a timely and satisfactory mannerEnsure all daily and monthly services are delivered in accordance with relevant client SLA’sEnsure all trades transactions processed and settlements managed on a daily basisParticipate in review meetings [ Internal, Client ]Facilitate new market initiatives setupContribute to team initiatives around audit, risk managementComplete special tasks and projects assigned by the supervisor or manager.What we valueThese skills will help you succeed in this roleExcellent attention to detailMust be responsible and take ownership to the job which is allocatedMust be organized and able to multi-task often working to tight deadlines.Must have demonstrated an ability to handle numerous activities and to prioritize work effectively.Must be pro-active and be a problem solverMust be highly professional interacting with several departments within the companyMust be flexible often dealing with ad-hoc queries from clients.A team playerMust demonstrate an understanding of the risks involved in the processes and reflect this in theirapproach to work prioritizationFlexibility to work in shifts (Night Shift – 8 PM onwards).Education & Preferred QualificationsDegree in Finance, Accounting, business management preferred.Understanding of the Investment Management industry, with a minimum 2 years prior business experience.Understanding of Investment Manager Operations, particularly around processes and key deliverablesProven ability to communicate in a clear, concise and professional mannerStrong time management skills with the ability to prioritize under pressureGood understanding of F2B trade lifecycle.PC skills with an excellent understanding of Microsoft Word, Outlook, and Excel.About State StreetWhat 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.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.About State StreetAcross 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.About State StreetAcross 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/careersRead our CEO Statement