Collateral Management - Associate

at  State Street Corporation

WHAT WE VALUE

These skills will help you succeed in this role

• Strong sense of quality and commitment to interact with internal or external clients effectively and professionally
• Strong communication skills and service orientation
• Ability to work under pressure (e.g. meeting deadlines, adopting and implementing changes)

EDUCATION & PREFERRED QUALIFICATIONS

• Bachelor’s and/or Master’s degree with a focus on business and financial topics or comparable apprenticeship
• At least 2 years of relevant experience in the financial industry, preferably within collateral management, operations oversight and/or client services
• Knowledge of financial instruments and the regulatory framework in regards to Collateral industry (e.g. EMIR)
• Proficiency in English and German
• Strong knowledge of MS Office applications

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 Collateral Operations and Oversight Specialist, Associate 2 you will be

• Overseeing Collateral operations activities outsourced to other State Street locations
• Performing operational activities such as margining, collateral settlement, reconciliations or dispute resolution
• Collaborating with internal and external groups to identify, analyze and proactively resolve issues and exceptions
• Contributing as subject matter expert to change processes and internal projects
• Working together with clients and other internal/external parties to improve and enhance processes
• Supporting audits, risk assessments and compliance initiatives by providing relevant data as well as new ideas

These skills will help you succeed in this role

• Strong sense of quality and commitment to interact with internal or external clients effectively and professionally
• Strong communication skills and service orientation
• Ability to work under pressure (e.g. meeting deadlines, adopting and implementing changes