State Street

Alternative Ops Derivatives & Collateral Management, Associate 2

State Street
Hangzhou, China
Not disclosed
28 Feb 2024
22 Mar 2024
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Who we are looking for:

Derivative SMEs are primarily responsible for the timely and accurate execution and reporting of derivative processing that impacts net asset valuations (NAVs) for our clients’ accounts (funds).

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:

As a derivative SME, you are primarily responsible for the timely and accurate execution and reporting derivative activities that impact to net asset valuations (NAVs) for our clients’ accounts (funds). The derivative SME identifies, analyzes, and substantiates impacts of derivatives to the NAV. Critical functions performed include the processing of and verification of all derivative activities and reflecting the same in system to be captured by downstream teams, assisting in addressing derivative queries, and participating in various programs with derivatives requirement. This could extend to assist in data analysis, test performing and various new products onboarding, and etc.

What we value:

These skills will help you succeed in this role:

The derivative SME possess strong risk awareness to verify potential NAV impacts issue including MTM movement, position checking, and accrual verifications. This could extend to engage with various parties to deal with potential queries and verification of trades and cash items to ensure the integrity of the NAV. Sprits of self-determination and investigation are required.

Education & Preferred Qualifications:

  • Bachelor's degree or above
  • Demonstrate ability to resolve issues and client queries independently and communicate with other teams in English, both verbally and in writing.
  • Act collaboratively in the team.
  • Have a basic understanding of derivative markets and knowledge is a plus.

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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