UK Settlements/Agent Bank Operations, Senior Associate

Who we are looking for

The UK Settlements Senior Associate role is based in the United Kingdom within our Edinburgh office and your primary function will be to ensure the timely and accurate settlement of all Collective Investment and Residual trades. The successful candidate will have at least 2 years custody experience, preferably in settlements, with strong leadership skills. This role requires a high degree of accuracy and the ability to oversee others whilst fostering a collaborative and inclusive environment as you will be the first point of escalation for the team.. The successful candidate will also be able to assist and cover for the team manager when required.

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 UK Settlements/Agent Bank Operations, Senior Associate you will

• Ensure the timely and accurate settlement of all transactions within the UK Collective Investment and Residual Settlement market liaising with internal and external parties where required.
• Checking/approving the work of other team members
• Investigate and resolve any security and cash breaks referred to your team.
• Ability to work independently and field enquiries from internal and external clients.
• Provide on the job training and act as a point of escalation / subject matter expert for any complex queries received or generated by the other team members.
• Actively seeking out potential enhancements to the operation of the team; document them and raise to the manager, then track to completion.
• Providing assistance to the team manager in the organization, training and running of the team.
• Covering many of the team manager duties during their absence.

What we value

These skills will help you succeed in this role

• Good team player who is flexible to change and the needs of the business.
• Strong written and verbal communication skills are required,
• Capable of working in a deadline/volume driven environment whilst maintaining accuracy and focus.
• Be able to prioritise and focus on the most urgent and important task. Should exhibit skill in planning and monitoring workload including self-management in order to achieve goals within expected timescales.
• Be pro-active in approach with a focus on helping other team members.
• The ability to question processes and suggest enhancements.

Education & Preferred Qualifications

• At least 2 years’ experience within the financial industry is required.
• Experience within a Custody team is preferred

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.

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