State Street

Der/ Coll Mngt/ Corp Act, Associate 2

State Street
Sacramento, California/Irvine, California/Quincy, Massachusetts
$41,600 - $60,320 Annual
26 Sep 2023
13 Oct 2023
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant
Responsibilities & Tasks Include:
  • Carry out trade processing and valuation functions in accordance with established procedure with accuracy and timeliness
  • Ensure that process procedures are understood and applied
  • Constantly review and refine the operational process; assist with the implementation of operational efficiencies and re-engineering initiatives
  • Take ownership of resolution of queries with internal teams, clients, vendors, counterparties etc.
  • Support new business transitions or business migration activities and ensure proper implementation within the team
  • Build relationships with internal & external clients; foster this culture within the team
  • Work closely with inter-departmental contacts to ensure that the required deliverables are delivered with high quality
  • Identify risk issues and act in accordance with the 'risk' escalation chain and operating procedures
  • Foster an environment of learning and team work
  • Actively participate in the corporate, systems, internal, and statutory audit to resolve the audit queries
  • Own issues and drive solutions. Understand the client requirements and be able to direct the team to create KPIs / reports
  • Suggest process improvements and be able to seek support to drive projects to create efficiencies / enhance controls
Job Requirements:

Education and Experience
  • Bachelor degree or above
  • 1+ year(s) experience in financial services and/or a back-office operations environment
  • Strong Excel skills
  • Strong knowledge of financial concepts (Derivatives and Regulation)
  • Demonstrated ability to meet deadlines and possess strong problem solving and resolution skills.
  • Working knowledge of accounting fundamentals with respect to the workability of various financial instruments, especially derivatives
  • Knowledge of Internal Systems, MS office (excel, word) and good working knowledge of MS PowerPoint. Knowledge of database management systems MS access / Visual basic/ Macros would be an added advantage
  • Possess strong attention to detail. Demonstrate good analytical skills in resolving the team issues and facilitates decision making
  • Ability to manage time and work well in a fast paced, high volume atmosphere; prioritize effectively
  • Detailed oriented individual capable of performing in a high pace environment
  • Ability to work independently as well as a team player
  • Strong written and verbal communication skills
  • Strong problem resolution skills
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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.
Salary Range:
$41,600 - $60,320 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
For further information, and to apply, please visit our website via the “Apply” button below.

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