FX Collateral Operations Specialist, Senior Associate

State Street Corporation
Boston, USA
01 Mar 2023
29 Mar 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Who we are looking for
We are looking for a collateral operations specialist to join the SSGM FX Operations team in Boston. This role will support the processing of collateral obligations for State Street Bank and Trust in accordance with the regulations, as well as engage in projects and initiatives to continue to streamline and modernize. An ideal candidate has experience working within an operations team and is interested in building a career in a fast-paced but exciting environment.

Why this role is important to us
The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
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 a collateral operations specialist you will
  • Support collateral operations oversight processes, including: providing support to offshore team, managing escalated issues, financial and metrics reporting, and processing invoices
  • Play a role in executing projects and initiatives related to improving collateral operations efficiencies and implementing new regulatory requirements; working with multiple groups across the organization to support all facets of the project
  • Perform collateral processing as needed

What we value
These skills will help you succeed in this role
  • Strong problem-solving skills and an ability to work independently
  • Excellent communication skills and ability to successfully engage with teams across regions and time zones
  • A flexible and curious mindset

Education & Preferred Qualifications
  • 1-2 years experience in the financial industry required, preferably in an operations role
  • Knowledge of CFTC/Prudential regulations a big plus
  • Advanced Excel skills a plus; knowledge of SQL, Visio, and collateral processing systems a plus

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.
Discover more at StateStreet.com/careers

Salary Range:
$52,000 - $75,400 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
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