Derivative Operation Specialist Associate 2, 10 FTC

Our Company

State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $25.74 trillion in assets under custody and administration and $2.15 trillion in assets under management as of June 30, 2013, State Street operates globally in more than 100 geographic markets and employs 29,225 worldwide. For more information, visit State Street's website at  http://www.statestreet.com/.

Promoting a culture of excellence

With more than 29,225 employees across 29 countries, at State Street, our people are our greatest asset. We recognize that highly skilled, engaged and productive employees are essential to our success. Our company values reflect our commitment to employee engagement, Global Inclusion and corporate social responsibility -- to help you build a fulfilling career. Around the world, we aim to be an employer of choice by offering competitive compensation and benefits, personal and professional development opportunities, and a work environment that promotes a diverse array of people, ideas and skills.

We're a company that insists on, and rewards, performance excellence. We know our success hinges on attracting the best people to join us -- people like you.

State Street supports flexible work arrangements where determined feasible, consistent with business and operational needs.  Subject to an individualized assessment of these considerations, roles may be identified as potentially suited for a flexible work arrangement.  Requests for a flexible work arrangement can be made upon hire.  All employees at State Street have the ability to request flexible work arrangements, with the final decision based solely on business discretion and subject to management approval.  More information is available here.

We encourage you to explore the possibilities that a career at State Street can offer you.

State Street is committed to embracing diversity and inclusion in the workplace.

 

Purpose

The Centre Of Excellence (COE)  is expanding the service model to incorporate full end to end service for Derivatives. Specifically this will entail the valuation of OTC products, validation of movements and accurate accounting of all OTC related activity including income, dividends, resets, corporate actions and pricing.

An opportunity exists for a person to work as an Administrator in the Derivatives Department.  The candidate will be expected to have previous experience of working in a Fund Accounting operation.  The candidate is required to demonstrate a good knowledge of relevant work processes and a broad understanding of related and interfacing activities. This should include a broad understanding and operational knowledge of fund accounting, trade settlement, reconciliation, derivative instruments and ancillary custody products / services. Ideally the candidate will have experience on MCH and the OTC Hub.

The role will involve a significant amount of contact with other internal groups within State Street.  Strong communication skills are required.

Principal Tasks

Environment

Reporting to a Manager, this position is an opportunity for a suitable candidate to gain exposure to all areas of Custody and be involved in future developments in an expanding and dynamic company.

 

Qualifications

Related Third Level Qualification e.g. Certificate, Diploma etc

Minimum 2 years experience in industry / fund Accounting.

Core Competencies

Disposition

October 16, 2013 • Tags:  • Posted in: Financial

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