Derivatives OTC, Officer

Who we are looking for:

The Derivatives OTC, Officer is responsible for all aspects of operational support and daily governance of on and offshore OTC Middle Office operational support across the EMEA teams supporting OTC products traded on behalf of EMEA administered client accounts, as well as providing a daily point of escalation for client and third party escalation and issue resolution.

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 Derivatives OTC, Officer within EMEA Middle Office Trade Management you will:

• Build strong relationships with internal and external clients
• Ensure that the Oversight governance policy is adhered to at all times
• Ensure team is achieving accuracy and meeting pre-determined deadlines as set out in service level agreements
• Work with risk management & business control groups to identify and proactively resolve recurring client issues
• Drive high quality outputs and ensure that organizational risks are managed through embedding effective controls
• Manage Execution - Deliver flawless execution of work products through effective plans, clear priorities and developed process management methods to ensure all resources function at optimal levels
• Key point of contact for internal/external clients when urgent needs arise

What we value:

These skills will help you succeed in this role:

• Previous middle office or banking/fund administration operations experience
• Knowledge of, or experience working with OTC derivative products
• Problem Solving & Decision Making - Develop solutions and provide counsel to ensure effective decisions are reached by employing timely, rigorous and logical analysis
• Excellent analytical skills & attention to detail
• Highly organised
• Ability to work to tight deadlines

Education & Preferred Qualifications:

• Financial or Business background
• Knowledge of OTC derivative instruments is a must
• A high honours degree from a related / numeracy based discipline required

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.