Core Operations, Associate 2

State Street.
Sydney, Australia
Not disclosed
28 Jul 2021
17 Aug 2021
Contract type
Full time
Experience level
Qualified accountant

Who we are looking for

An opportunity has been created to join the growing Risk Monitoring COE team in Sydney.

The Risk Monitoring Associate will assist the members of the group in the monitoring and processing of transactions through the various IBS installations, by reaching out to unit heads, VPs and Enterprise Risk Management to obtain approval for overdrafts that exceed policy limits for both U.S. and non-USD markets. The Risk Monitoring Associate will also monitor the Firco system for Asia, Cuba and Non-India queues.

The associate will have responsibilities including but not limited to scheduling, reporting, and escalations. The Risk monitoring associate must interact with fund groups across sites monitoring daylight and overdraft situations that exceed established policy limits in the US market and non-USD markets and ensure all transactions are addressed on a timely basis consistent with specific market deadlines and departmental procedures elevating potential risk situations for timely resolution.

This will be an afternoon/evening role with the hours fluctuating between 12pm - 11pm depending on the time of year

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 Operations Specialist Associate you will

  • Need a good payments knowledge and any background in Sanctions Screening would be an advantage to the role.
  • Attention to detail and a good communicator are also strong qualities required for the role.

What we value

These skills will help you succeed in this role

  • The suitable candidate will have a good knowledge of Integrated Banking Systems functions
  • Attention to detail is required
  • A strong communicator
  • A Team player, but able to also work autonomously

Education & Preferred Qualifications

  • Financial services experience is essential
  • Degree qualified
  • A payments background would be an advantage as well as having had the training for such a role.

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.

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