OTC Derivatives Administrator
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 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.
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.
Under the supervision of the First Line Manager (FLM), the Derivatives Administrator is responsible for:
- processing in accounting the daily OTC derivatives trades in funds assigned (mainly swaps).
- OTC interests calculation monitoring
- processing periodical coupon payments
- reconciling OTC derivatives positions, collateral and cash
- answering queries from Fund Accountants, other departments and auditors
- Liaise with OTC counterparties for the day to day operations
- OTC contracts management
- ensuring archiving procedures are followed
The Derivatives Administrator is an integral part of delivering quality service to assigned clients and all actions must be considered as part of this overall goal. Achieving quality of service is a team effort and the Derivatives Administrator needs to function at all times as a team player.
Qualifications
• University Degree in a relevant field such as accounting, finance, etc.
. OTC Derivatives product knowledge
• Excellent analytical and organizational skills
• Ability to learn quickly and work in a team environment
• Fluency in written and oral English and Italian is required
Leave a Reply
You must be logged in to post a comment.