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Middle Office Collateral Management Officer (Remote)

State Street

State Street is a leading provider of financial services to institutional investors around the world.

Who we are looking for

In this role, you will work with State Street teams 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.
You will be the first line of defense in surfacing any potentially risky activity and will work collaboratively with your team members to ensure data accuracy. Join this growing high-visibility team focused on building innovative solutions to revolutionize how State Street services our customers.

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 Middle Office Collateral Management Officer you will

  • Maintain a robust end-to-end framework for Collateral, and Margin management ensuring the infrastructure, tools, processes, and staff are in place to effectively manage risk and meet operational imperatives
  • Work within a team of investment operations professionals responsible for all aspects of Collateral and Margin management, processing, reconciliation and dispute management
  • Serve as key escalation contact for internal and external stakeholders, provide direction to resolve complex issues, define and implement process improvements to mitigate the risk of repeated issues, and lead by example in supporting other teams and stakeholders in resolving issues
  • Build and maintain subject matter expertise related to Collateral management and proactively seek out ways to identify and address inefficiencies
  • Enhance a culture of prudent risk management and continuous improvement within the team and broader organization
  • Maintain a strong awareness of industry best practices and trends and remain up to date with industry initiatives and regulations

What we value

These skills will help you succeed in this role

  • Outstanding verbal and written communication skills, concise and articulate with the ability to influence and build trust
  • Demonstrably strong strategic awareness and judgement with experience in making decisions and judgements in dynamic situations, and appropriately assessing and communicating risks associated with business decisions
  • Superb work ethic, highly detail oriented, well organized, self-motivated and able to prioritize multiple competing priorities in a fast paced changing environment
  • Education & Preferred Qualifications
  • Bachelor’s degree with a Business-related major, Accounting or Finance preferred
  • 3+ yr. collateral processing and/or 3+ yr. of Equity or Fixed Income Trade settlement resolution or custody side trade processing/ trade monitoring
  • Preferred System experience: GTM, CRD, CSM, ALERT, CTM, SWIFT and Bloomberg.
  • Working knowledge of Excel and other Microsoft Office applications
  • Strong verbal written and interpersonal communication skills

Additional requirements

Exceptionally technology-oriented with the ability to learn applications quickly; will consider candidates with programming backgrounds as that would be a plus.

About State Street

What 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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/careers

COVID-19 Protocols: Complying with State Street’s COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.

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Middle Office Collateral Management Officer (Remote)

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Contact us

State Street

State Street is a leading provider of financial services to institutional investors around the world.

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