Who we are looking for
State Street Global Markets Foreign Exchange confirmations and settlements team ensures all deals / trades are confirmed and settled in a timely manner based on market cut off.
Will have to engage and communicate daily with the below stakeholdersGTCB Cash processing and investigations teamSSGM FX Trading and Middle office unitsCounterpartiesSSGM FX DBM Team
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 Senior Associate you will
Perform FX Netting Via email or vendor platforms
Email counterparty to confirm trades
Reach out to client in case of non-receipts
Ensure that the focuses on client needs first and drive all efforts to provide exceptional service
Review and / or Implement controls when applicable to reduce risk
Will have to engage and communicate daily with the below stakeholdersGTCB Cash processing and investigations teamSSGM FX Trading and Middle office unitsCounterpartiesSSGM FX DBM Team
Take responsibility for identifying any unusual or potentially suspicious transaction activity and must report and / or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
Should have knowledge of Vendor platform like GTSS, Bloomberg, FXALL and Misys
Should have knowledge of confirmation Swift for FX
Should have knowledge about different payment swifts
Have good understanding of NDF and different FX products
Ability to manage multiple tasks / priorities
Ability to work under pressure, working to deadlines and dealing with high volumes
Strong communication skills written and verbal, with internal and external contacts
Should have good problem solving and people managing skills
What we value
These skills will help you succeed in this role
Customer focus.
Demonstrates good team working skills
Ability to think creatively, solve problems and identify opportunities to improve existing processes and controls
Strong Excel skills VLookups and Pivot Tables
Education & Preferred Qualifications
MBA or any financial degree Qualification
Good knowledge in Back office confirmations and settlement
Good Communication Skills both written and oral