Job Description

　　Who we are looking for:

　　Looking for collateral management professional who understands the entire flow of stock lending process to ensure that collateral is delivered / received as per the terms and conditions agreed upon with our customers for in-scope of equity 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 manage the collateral that state street is lending to their customers on Equity products. In addition, state street as 3rd party lending agent we are doing additional responsibilities to manage the stock position movement accordingly.

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

　　What you will be responsible for:

　　Management of transactions/trades between State Street and the various 3rd party custodians. Ensuring all trades/trade instructions are settled/cancelled, and fix any breaks that occur between SS and custodians.Agrees daily collateral margin, coordinates instructions to deliver/receive collateral with brokers and reconciles daily net cash movements for.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 timeCommunicate with Trading Desk, Borrowers, Counter parties to remediate issuesLiaising with Third party custodian, borrower to settle hybrid loansDiligently Follow and maintain SOP'sCandidate should have good MS Excel skills.Coordinate settlements for institutional clients for both international equity and fixed income transaction productsPromotes, creates and implements policies and procedures.Coordinate resolution of trade settlement discrepancies with counterparties.Manage TMPG claim resolution with executing brokersManage aged fails, update status reports based on correspondence with counterparties,Work with trade processing to correct trade records as needed to mitigate failed trades.Reconcile daily activity within firm accountsContributes to Operations strategy and product development for the groupInterfaces with technology and product development to ensure future system changes/enhancements are fully tested and documentedVery good understanding of financial market activities and transactionsVery strong problem solving, customer service, communication, and organizational skillsCreating and analyzing new methods to proactively identify discrepancies in dataServes as an expert resource on operational needs for the groupInterfaces with traders, Compliance, Operations and other areas within SSGM to ensure efficient business flows and controls exist for the groupEscalation 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 proceduresParticipates in internal committees or industry groups to promote operational efficiencies and enhance knowledgeLeverages/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 Stock lending and 3rd party processes.Strong communication, interpersonal, organizational, and time management skillsWork as a team player in a global team environmentExcellent communication, organization, interpersonal planning, and analytical skillsDeadline and detail orientedDemonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving, analytical and technical skills

　　Shift Timing : Global shiftsWork Location : Bangalore/Hyderabad

　　Education & Preferred Qualifications:

　　University degree in Business majoring in Accounting, Finance, or other Financial-related programsOverall experience of 3+ years in the finance industry, familiarity with securities operations preferable securities lending activities.

　　Technical Skills - IT and Systems

　　Intermediate, demonstrable knowledge of Microsoft Office suitMCHEuroclear/CRESTQlikviewDTCCFidessaDUCOBloombergIHS MARKITPIRUMEQUILEND

　　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 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