Middle Office, Senior Associate

Who we are looking for

AIS Middle Office providing hedge funds with fund administration. We’re looking for someone with experience in cash processing / payment applications who can work in a fast-paced environment. Fedwire/SWIFT knowledge is a plus.

What you will be responsible for

Good understanding of settlements for generic equities, fixed income, futures, foreign exchange and the related derivative products.

Confirmation of client trades by phone, fax or email Confirmation of derivative transactions

Establish new listed and OTC securities in the global security maintenance table

Interact on a daily basis with prime brokers and client counterparties

Resolve trade breaks with clients and counterparties

Review and research fail reports with prime brokers

Test new system applications to insure the integrity of client data

Process client trademan files via excel

Process derivative valuations using external market data and understanding of underling curves

Run end of day pricing reports and lock downs

Run end of day management reports

Run end of day processes for client databases

What we value

During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.

Education & Preferred Qualifications

• Bachelor’s degree
• 3+ years of experience

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.