Derivatives COE Middle Office Operations Associate

at  State Street Corporation

Derivatives COE Middle Office Operations Associate
An entry level position working in a challenging environment within the OTC derivatives middle office team. Carry out trade capture (New trades, cancellations, novation’s, expiries, terminations, maturities), asset set up, trade confirmations, cash management, reconciliations. Knowledge of or an interest in OTC derivative products (Interest Rate Swaps, Total Return Swaps, Credit Default Swaps, CFDs, Zero Coupon Swaps, Inflation Swaps)

EDUCATION & PREFERRED QUALIFICATIONS

• Financial or Business background
• Knowledge of OTC derivative instruments is beneficialPrimary Degree or a Professional or Accounting qualification or equivalent

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

• Carry out core and complex processing activities in accordance with established procedures
• Ensure accuracy and execute against pre-determined deadlines
• Perform custom work for complex funds, look for ways to standardize when possible
• Handle complex issues and escalate as needed acting with a sense of urgency
• Accountable for quality, accuracy and timeliness of results
• Train staff on basic principles of process
• Identify and report all risk and compliance issues, breaches and suspicious activities
• Act in accordance with Risk Excellence as part of our Way Ahead foundation

These skills will help you succeed in this role

• Knowledge of or an interest in OTC derivative products (Interest Rate Swaps, Total Return Swaps, Credit Default Swaps, CFDs, Zero Coupon Swaps, Inflation Swaps)
• Knowledge of reconciliations and breaks investigations
• Highly computer literate with a very good knowledge of Excel
• Excellent analytical skills & attention to detail
• Highly organized
• Ability to work to tight deadline