Who we are looking for

Looking for a candidate who has working experience ( 4-10 Years) in Broker Billings, Cash Management, Client Earnings and Settlements.

Strong Communication Skills ( Written/Verbal ).

Why this role is important to us

The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.

As one of the largest and most experienced securities financing providers in the industry, we provide investors with market-leading expertise, technology and scale to accelerate decision-making and enhance performance. With a focus on innovative financing solutions, we’ve expanded our services to support a range of agency lending, repo and prime services, helping investors access new pools of liquidity and providing competitive overnight and term cash investment financing.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for

As Assistant Manager you will:

• Ensure that the team meets accuracy and timeliness criteria

• Ensure SOPs/regulations are met and escalate as needed

• Identify all risk issues, breaches and suspicious transactions and acts in accordance with the 'risk' escalation chain and operating procedures

• Implement and communicate to staff risk framework changes and/or escalation chain changes

• Perform related duties as assigned

• The SF FAD Billing and Earnings Senior Associate will be responsible for distributing Client and Agent Securities Lending Earnings for all regions and currencies globally.

• Calculate and distribute Client and  Bank Earnings to meet the monthly deadline

• Ensure that work is completed ‘on-time’ and accurately. All issues are identified & escalated in a timely fashion.

• Manages the collection of offline payments coordinated between trading and borrowers

• Performs Earning DDAs daily reconciliation

• Prepares monthly Cash final data to ensure Bank/Client earning, co-agent fee, management fee are accounted accurately.

• During the course of normal day-to-day operation, responsible for identifying any unusual or potentially suspicious transaction activity and reporting and/or escalating in accordance with corporate policy and guidelines detailed in relevant operating procedures.

What we value

These skills will help you succeed in this role

• At least 6 years prior Financial Industry experience - of which, at least 4 years are in Global Markets within Earning and Billing management, Stock-loan or Stock-lending positions.

• An ability to understand complicated workflow and reconciliation controls impacting up to 4 system or reporting platforms.

• An ability to manage exceptions and remediate/escalate such items at point of discovery. 

• Experience in a high-volume Operations environment.

• Proficient in Microsoft Office Applications (Excel, Access, Word and Power Point)

• Strong client service, analytical, problem solving and communication skills

• A broad understanding of Fund Accounting, Billings and Cash management functions.

Shift Timing : Login should be between 5.30PM to 9.00PM IST.

Education & Preferred Qualifications

• MBA, B.Com

• MS Excel and other tools

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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