Job Description
This job is with State Street, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community.
Please do not contact the recruiter directly.
Who we are looking forWhy this role is important to usThe team you will be joining is a part of Charles River Development (or CRD), that became a part of State Street in 2018.
CRD helps create enterprise investment management software solutions for large institutions in the areas of institutional investment, wealth management and hedge funds.
Together we have created first open front-to-back platform - State Street Alpha, that was launched in 201+.Join us if delivering next generation infrastructure, using emerging technologies like AI and Blockchain sounds like a challenge you are up for.What you will be responsible forAs you willProcessing trades, booking receipts and disbursementsDaily reconciliation of cash balancesProducing daily roll-forward proof of portfolio holdings and accrual informationPreparing standard and ad hoc reporting for both internal and external customersResponding to customer queries on a daily basisDaily processing of bank loan notices as received from agent banks,Interact with the Investment Manager on their assigned portfolios, inputting/settling trades, performing ad hoc requests and providing daily reporting per client specific guidelinesThe individual will work closely with their mutual fund counterpart, providing Loan related reports to be incorporated into the final NAV Calculation.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 proceduresResearch and resolve exceptions and issuesReceive and resolve inquiries in a timely and accurate manner and communicates effectively with client when necessaryDefine and ensure successful completion of ad-hoc requestsEscalate unresolved issues to management as requiredPerform daily or weekly reporting functions for the team's activitiesEnsure adherence to Standard Operating ProceduresKeep up to date on broader internal/external business issues; applies knowledge across teamAssist management in the implementation of new policies and procedures, participates in projectsAssist with workflow management and technology enhancements., make suggestions to streamline operationsMaintain knowledge of current alternative procedures and processesSupport training of new hires as necessaryWhat we value Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements. May have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams. Consults with manager where clarification or exception to policy may be requiredSkills: Strong computer competence (Microsoft applications {Excel, Word etc.}, aptitude for math, interpersonal skills, oral communication skills, multitasking capability, ability to work under pressure/deadlines driven environment.Education & Preferred QualificationsBachelor's Degree in Commerce / Economics with a specialization n Business, Accounting, Finance or another Financialrelated program.
Inter C.
A.
/ Inter ICWAI or CFA (pursuing) will be preferred3-6 years' experience in accounting, finance, mutual fund operations, loan servicing or related careers (preferred).(Senior Associate) 5 to 8 years(EL), 6 to + year(TL), 8 to 10 year(AM) Additional requirements3 years' experience in accounting, finance, mutual fund operations, loan servicing or related careers (preferred).About State StreetWhat 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, ****** 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.State Street's Speak Up Line#LI-DNI
Please do not contact the recruiter directly.
Who we are looking forWhy this role is important to usThe team you will be joining is a part of Charles River Development (or CRD), that became a part of State Street in 2018.
CRD helps create enterprise investment management software solutions for large institutions in the areas of institutional investment, wealth management and hedge funds.
Together we have created first open front-to-back platform - State Street Alpha, that was launched in 201+.Join us if delivering next generation infrastructure, using emerging technologies like AI and Blockchain sounds like a challenge you are up for.What you will be responsible forAs you willProcessing trades, booking receipts and disbursementsDaily reconciliation of cash balancesProducing daily roll-forward proof of portfolio holdings and accrual informationPreparing standard and ad hoc reporting for both internal and external customersResponding to customer queries on a daily basisDaily processing of bank loan notices as received from agent banks,Interact with the Investment Manager on their assigned portfolios, inputting/settling trades, performing ad hoc requests and providing daily reporting per client specific guidelinesThe individual will work closely with their mutual fund counterpart, providing Loan related reports to be incorporated into the final NAV Calculation.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 proceduresResearch and resolve exceptions and issuesReceive and resolve inquiries in a timely and accurate manner and communicates effectively with client when necessaryDefine and ensure successful completion of ad-hoc requestsEscalate unresolved issues to management as requiredPerform daily or weekly reporting functions for the team's activitiesEnsure adherence to Standard Operating ProceduresKeep up to date on broader internal/external business issues; applies knowledge across teamAssist management in the implementation of new policies and procedures, participates in projectsAssist with workflow management and technology enhancements., make suggestions to streamline operationsMaintain knowledge of current alternative procedures and processesSupport training of new hires as necessaryWhat we value Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements. May have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams. Consults with manager where clarification or exception to policy may be requiredSkills: Strong computer competence (Microsoft applications {Excel, Word etc.}, aptitude for math, interpersonal skills, oral communication skills, multitasking capability, ability to work under pressure/deadlines driven environment.Education & Preferred QualificationsBachelor's Degree in Commerce / Economics with a specialization n Business, Accounting, Finance or another Financialrelated program.
Inter C.
A.
/ Inter ICWAI or CFA (pursuing) will be preferred3-6 years' experience in accounting, finance, mutual fund operations, loan servicing or related careers (preferred).(Senior Associate) 5 to 8 years(EL), 6 to + year(TL), 8 to 10 year(AM) Additional requirements3 years' experience in accounting, finance, mutual fund operations, loan servicing or related careers (preferred).About State StreetWhat 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, ****** 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.State Street's Speak Up Line#LI-DNI
💡 Quick Summary
Seeking a career-building opportunity? The Bank Jobs position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.