State Street Job Openings – Middle Office Associate 2

Job Description:

To support the lifecycle of Transaction Management; involves the capture, validation, confirmation and settlement of transactions instructed by the primary investment manager and any sub advisors. The process begins when we receive executed transaction instructions from the investment manager via one of several standard message formats. Monitors the day-to-day activities, controls and ensure consistency of policies adherence to procedures and compatibility of services to clients.

Job Responsibilities:

• Understand current service offering related to market requirements and define and recommend service changes as appropriate
• Proposes and works to implement workflow changes and supporting technical solutions leading to improved productivity and profitability.
• Serves as lead for operations in client presentations or for projects that impact operations.
• Keeps abreast of regulatory compliance and developments for the assigned area and apprises staff as necessary.
• Recommends procedural changes as needed to support prescribed requirements and risk mitigation.
• Manages the day-to-day activities and controls consistency of policies adherence to procedures and compatibility of services to clients.
• Represent the corporation by serving on the internal and external committees and industry associations.
• Ensure that a robust control environment is created and maintained for all groups.
• Evaluate current operational and technical infrastructure and define strategic direction for development and change; including opportunities for efficiency and quality improvements.

Job Requirements:

• Excellent communications, organization, interpersonal planning, and analytical skills
• Bachelors Degree or its equivalent in Finance, Accounting, Business or related field
• Two or more years of investment management experience, preferably in a financial services organization much of which must have been in middle office capacity
• Detailed knowledge of Investment Instruments such as: Equity, Fixed Income, Foreign Exchange, Exchange Traded Derivatives, Liquidity
• Knowledge of all products services and processes.
• Working knowledge of financial securities markets, language and products as well as legal and regulatory requirements

Job Details:

Company: State Street

Vacancy Type: Full Time

Job Location: Berwyn, PA, US

Application Deadline: N/A

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