Bridge Operations – Senior Associate

Job Description

Make Tomorrow Happen. Advance your career at State Street.

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Role Specifics:

Individual Contributor undertake the following, with a goal of 100% accuracy, timeliness, and completeness:
• Design and implement operational efficiencies.
• Daily Reconciliations of Trade, cash, positions etc.
• Reconciliation of portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures, and other evolving derivative instruments)
• Perform various client specific activities in detail on different types of financial instrument.
• Have an understanding of Cash at broker, Dividend reconciliation (qualified/ non-qualified), Bonds, Collateral.
• Perform various confirmation process (Trade, holdings, derivatives, FX etc.)
• Manage the Audit queries independently by coordinating with different internal teams.
• Manage the Audit/client calls.
• Have a strong Fund Accounting knowledge on different instruments and how they reflect in financial Statements.
• Validate and review all daily activity while maintaining all required controls.
• Research and resolve inquiries in a timely and accurate manner and communicate effectively with clients when necessary.
• Escalate unresolved issues to management as required.
• Maintain appropriate records of daily and monthly activities.
• Support the production of financial, performance and/or quality reports for client, shareholder, director, and management as needed.
• Maintain knowledge of current alternative procedures and processes
• Document any updates or changes to formal procedures, databases, etc.
• Prepare and verify information for various projects/special requests as directed.
• Support training of new hires, as necessary.
• During normal day to day operations, 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.
• Perform other duties as assigned.
• Excellent communication, organization, interpersonal planning, and analytical skills

Education Requirements:
• Bachelor’s degree or equivalent work experience with a focus in Accounting and Finance.
• Proficient with Microsoft Office Products (Excel, Word)

Location: Bangalore – EMEA shift

Experience Requirements:
• Minimum of 4+ years of related Custody and/or Fund Accounting experience.
• Good interpersonal and organizational skills.
• Demonstrated computer proficiency (Excel skills) and working knowledge of various software applications
• Demonstrate ability to meet deadlines and possess strong problem solving and resolution skills.
• Some understanding of financial services and investment products.
• Strong attention to detail and a focus on service.
• Strong written and verbal communication skills
• Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
• Ability to work well in a fast paced, high-volume atmosphere