Liquidity Management – Associate 2

at  State Street

Who we are looking for
We are hiring for an opening in our Liquidity Management team in Edinburgh. The team is responsible for managing nostro activity for the EMEA region, working closely with external market vendors and several internal stakeholders, including our Global Treasury colleagues. We are looking for an individual who will be excited to join a dynamic team, working in a fast-paced, deadline-driven environment. This would be an excellent opportunity for someone looking to take the next steps into a career in financial services.
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

• Perform accurate funding calculations based on real time trade status reporting.
• Participate in mandatory market/industry testing throughout the year
• Monitor & process all activity in a variety of payment queues and systems accurately, timely and by agent bank deadlines
• Efficiently assist internal and external clients with complex research, queries and issues
• Ensure full understanding and adherence to corporate risk policy and standard operating procedures
• Make suggestions for process improvements to the benefit of State Street and our clients
• Ensure errors and exposure to financial loss are minimised
• Be aware of all business continuity plans and escalate issues that could involve invoking of contingency procedures to the supervisor
• Interact constructively with clients, peers and management and participate in staff meetings
• Participate in the creation, testing and execution of department procedures
• Perform other duties as specified by management

What we value

These skills will help you succeed in this role

• Ability to work under pressure and in a deadline driven environment
• Ability to work accurately and with attention to detail
• Ability to work as part of a busy team, communicating effectively in a hybrid working environment
• Ability to multi-task in a fast paced, deadline oriented environment
• Decisive with demonstrated ability to make decisions calmly and rationally in stressful situations.

Education & Preferred Qualifications

No specific requirements as full training will be provided.

• Experience in a banking role is preferred, but not essential
• Some overall knowledge of cash related financial services products
• Proficient in the use of Microsoft Office applications, particularly Microsoft excel
• Flexibility in working hours (required)

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/career

What you will be responsible for

• Perform accurate funding calculations based on real time trade status reporting.
• Participate in mandatory market/industry testing throughout the year
• Monitor & process all activity in a variety of payment queues and systems accurately, timely and by agent bank deadlines
• Efficiently assist internal and external clients with complex research, queries and issues
• Ensure full understanding and adherence to corporate risk policy and standard operating procedures
• Make suggestions for process improvements to the benefit of State Street and our clients
• Ensure errors and exposure to financial loss are minimised
• Be aware of all business continuity plans and escalate issues that could involve invoking of contingency procedures to the supervisor
• Interact constructively with clients, peers and management and participate in staff meetings
• Participate in the creation, testing and execution of department procedures
• Perform other duties as specified by managemen

These skills will help you succeed in this role

• Ability to work under pressure and in a deadline driven environment
• Ability to work accurately and with attention to detail
• Ability to work as part of a busy team, communicating effectively in a hybrid working environment
• Ability to multi-task in a fast paced, deadline oriented environment
• Decisive with demonstrated ability to make decisions calmly and rationally in stressful situations