Core Operations - Senior Associate

About Process

As a Global cash Operation Senior Associate, you will interact internally with global Centres of Excellence, Client Operations teams, business unit Shared Service teams to complete applicable day-to-day activities, relating to the overall processing for assigned clients and portfolios

Key Responsibilities & Experience Range

Should have good understanding of cash reconciliation process

Should have good understand of the settlement process and accounting (Statements and Ledgers)

Good to have FX settlement knowledge

Works in conjunction with individuals on the team as well as other shared services and Client Operations to ensure seamless processing according to the fund’s policies

• •Should be able to interpret relation between payment and receipts and be able to resolve breaks timely and accurately
• •Achieve all assigned operational deliverables adhering to Standard Operating Procedures

During the course of normal day to day operation, be 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

Ability to communicate with different teams/fund groups/agent banks via email/phone calls in accordance to the strict market cut-off

Should be familiar with Trade Life cycle and have a fair understanding of different guidelines

Good understanding of NOSTRO and other payment systems (MT202, Fed wire). Should carry knowledge of SWIFT messages (MT202, MT103, MT910, MT940)

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Good if already have working knowledge of reconciliation tools such as Intellimatch

Skills & Knowledge

Qualification & Certifications

Graduate with experience in investment banking/cash operations/settlements

Primary Skills (Must Have)

Good communication

Ability to work under pressure

Focused Approach

Risk Mitigation

Good logical/reasoning skills

Escalation Management

Secondary Skills (Good to Have)

Good communication

Ability to work under pressure

Focused

Good logical/reasoning skillls

About State Street

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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.

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