Derivatives Senior Associate

Who we are looking for

An opportunity exists for a Senior Associate position working in a challenging environment within the OTC derivatives department. Reporting to a team manager, this represents a good opportunity to develop extensive knowledge of OTC derivative products, processes and operating models within a deadline driven environment.

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 Senior Associate you will

• Carry out core and complex processing and reviewal activities in accordance with established procedures

• Plan and manage the daily operations of the team, supporting team managers, junior members of staff and client deliverables

• Ensure that process procedures and checklists applicable to the team are understood and applied by all team members

• Take ownership and resolution of queries with internal teams, clients, vendors, counterparties etc

• Handle complex issues and escalate as needed acting with a sense of urgency

• Build relationships with internal & external clients; foster this culture within the team

• Identify training needs and execute plans to close any knowledge gaps

• Ensure accuracy and execute against pre-determined deadlines; encourage an environment of learning and team work

• Suggest process improvements and be able to seek support to drive projects to create efficiencies and/or enhance controls

• Accountable for quality, accuracy and timeliness of results

• Identify and report all risk and compliance issues, breaches and suspicious activities

• Act in accordance with Risk Excellence standards

What we value

These skills will help you succeed in this role

• Knowledge of OTC derivatives is required

• Demonstrated ability to meet deadlines and possess strong problem solving and resolution skills

• Capable of resolving team issues and facilitating decision making

• Highly computer literate with a good knowledge of MS Office

• Excellent analytical skills & attention to detail

• Ability to work independently as well as a team player

• Strong written and verbal communication skills

Education & Experience

• Primary Degree or a Professional Accounting qualification or equivalent

• Job experience in financial services

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

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