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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