Portfolio solution Operations, Senior Associate, Raniganj

Job Description Who we are looking for: Looking for Trade Processing and Settlements professionals who understands the entire flow of Trade Life Cycle to ensure that trades are settled timely as per the terms and conditions agreed upon with our clients for in-scope of equity and fixed income products.Why this role is important to us: The team you will be joining is a part of State Street Global Markets , one of the biggest asset managers in the world, that provides services to the world's governments, institutions and financial advisors. The team has the responsibility to ensure timely settlement of trades across Equity and Fixed Income products.What you will be responsible for: Management of transactions/trades between State Street and the various Brokers/Client. Ensuring all trades/trade instructions are settled/cancelled, and fix any breaks that occur between SS and Brokers. Understanding and Knowledge of complete Trade Life Cycle and various Market Systems (DTC/BONY/EUROCLEAR/BLOOMBERG).Assist in driving various firm and team initiatives including Operational Efficiencies and Controls, improving the risk and control environment and maintaining procedures. Monitoring various queues and remediation of short position to ensure trade instructions reach market on time Communicate with Trading Desk, Borrowers, Counter parties to remediate issuesDiligently Follow and maintain SOP's Candidate should have good MS Excel skills. Coordinate settlements for institutional clients for both international equity and fixed income transaction products Promotes, creates and implements policies and procedures. Coordinate resolution of trade settlement discrepancies with counterparties.Manage TMPG claim resolution with executing brokers Manage aged fails, update status reports based on correspondence with counterparties, Work with trade processing/settlements to correct trade records as needed to mitigate failed trades. Reconcile daily activity within firm accounts Contributes to Operations strategy and product development for the groupInterfaces with technology and product development to ensure future system changes/enhancements are fully tested and documented Very good understanding of financial market activities and transactions Very strong problem solving, customer service, communication, and organizational skills Creating and analyzing new methods to proactively identify discrepancies in dataServes as an expert resource on operational needs for the group Interfaces with traders, Compliance, Operations and other areas within SSGM to ensure efficient business flows and controls exist for the group Escalation point for resolution of queries from external and internal groups for your departmentBusiness continuity responsibility for the group - oversees offsite testing and updates to BCP plans and procedures Participates in internal committees or industry groups to promote operational efficiencies and enhance knowledge Leverages/promotes use of technology to achieve operational efficiencies, mitigate operational risks, and reduce operating costsWorks with management to ensure favorable audit ratings. What we value: These skills will help you succeed in this role: Good knowledge on complete Trade Life Cycle. Strong communication, interpersonal, organizational, and time management skills Work as a team player in a global team environmentExcellent communication, organization, interpersonal planning, and analytical skills Deadline and detail oriented Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving, analytical and technical skills Shift Timing : APAC/Night Shift (5AM-2PM/6AM-3PM/6PM-3AM/7PM-4AM)Work Location : Bangalore Education&Preferred Qualifications: University degree in Business majoring in Accounting, Finance, or other Financial-related programs Overall experience of 3+ years in the finance industry, familiarity with securities operations preferable securities lending activities. Technical Skills - IT and SystemsIntermediate and demonstrable knowledge of Microsoft Office suit Euroclear/CREST DTCC Fidessa DUCO Bloomberg BONY BPS CRIMS 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.Discover more information on jobs at Read our