SF Ops US Domestic/INTL NAM, Team Lead, HYD

Job Description

Who we are looking for:This dynamic role which requires good understanding of equities, fixed income, Securities Lending and borrowing business, collateral management.The business requires constant interaction with multiple stakeholders namely Trading Desk, Borrowers, Internal teamsThe major responsibilities will be:INTL Returns booking, exception monitoring along with the settlement of market loan and return transactions. Ensuring that collateral & exposure is appropriately managed through frequent checks. This also includes the following:1. Return & Recall Returns processing and email management2. Collateral Management3. Repricing4. Cash and Non-Cash specific processingWhy 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 an Assistant Manager Perform several or all the following duties based on assigned desk (domestic, international) and/or product(s):
• Manage Team, set up organization goals and drive, conduct Mid & Annual Appraisals
• Conduct regular 1-1 s and share the feedback and monitor individual and Team performance, create metrics
• Processes high volume of international loans, Recall returns, Equilend & Non-Equilend Broker Returns daily adhering to established procedures and controls; monitors and resolves pending and failing aged Returns.
• Interacts with traders, client management, fund group(s) and counterparts regarding discrepancies if any
• Executes instructions to receive or deliver securities from counterparties.
• Confirms end of day re-pricing and money movements with counterparts.
• Reviews contract compare records, DDA s to validate positions with each counterparty.
• Assists business area with inquiries pertaining to transactional activity; coordinates response with traders, corporate actions staff and other internal teams.
• Ensure timely resolution of counterparty issues including pricing problems, quantities of loans and borrows, etc. while keeping management informed of any potential issues.
• Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as neededWhat we value: These skills will help you succeed in this role:
• Strong knowledge of Agency/Principle Security lending business, Capital markets and Equities
• Strong communication, interpersonal, organizational, and time management skills
• Deadline and detail oriented
• Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills
• Should be flexible to work in US (6:30 PM - 3:30 AM IST) shiftShift Timing: 6:30 PM - 3:30 AM IST
• Work Location:HyderabadEducation & Preferred Qualifications:
• University degree in Business majoring in Accounting, Finance, or other Financial-related programs
• Overall experience of 1 years in Recall, Returns processing, Trade Settlements, Mark to Market and Collateral Management (NA/EMEA markets) process.
• Investment Banking, Agency/Principal Lending, Custodial Services, Financial Markets knowledge is must.
• Certifications: certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage but not mandatory.Secondary Skills (Good to Have)
• Exposure to Equilend, PIRUM, MCH, and SLE applications will be added advantage.About State StreetWhat 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.Discover more at StateStreet.com/careers
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Keyskills :
trading deskteam performanceproblem solvingfixed incomecapital marketmark to markettime managementfinancial marketscapital marketscorporate actionsfinancial servicesclient management