Who we are looking for:
Responsible for taking the ownership and Initiative and Provides outstanding service. He should have the ability to understand investment operations, funds and custody and also should maintain accuracy and ability to work to tight deadlines.
Why this role is important to us:
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for:
- Prepare cash monitoring work on a daily basis (significant cash flows, full cash flows reconciliation).
- Prepare safekeeping of assets work on a daily basis (custody, asset ownership verification and registration).
- Analyze the output of the reconciliations for specific instruments such as OTC Derivatives, ETD, cash, stock, etc.
- Perform oversight checks on valuation (NAV calculation) and safekeeping of units (subscriptions and redemptions oversight).
- Prepare various reconciliations on a monthly basis (cash monitoring, holdings, units) - compare and confirm data per client/accounting reports to data per bank/custody reports; research any discrepancies.
- Make a risk assessment to identify risky items that require to be investigated further and that require escalation.
- Collaborates with the Oversight team on an ongoing basis.
- Complete depositary checklist when required in accordance with procedures.
- Stays objective and protects the investor`s interest at all times.
- Ensure agreed timelines are adhered to.
What we value:
These skills will help you succeed in this role:
- Takes Ownership and Initiative
- Ensures accuracy and quality
- Provides outstanding service
- Communicates Effectively
- Displays Insight & Influence
- Fosters Collaboration and Teamwork
Education & Preferred Qualifications
- Numeracy / Literacy skills.
- Accuracy and ability to work to tight deadlines.
- PC literate and competent in use of spreadsheets and word processing.
- The ability to understand investment operations, funds and custody.
- Excellent in English.
- Involvement in departmental ad-hoc projects.
- Involvement in the training and development of other team members as necessary.
- Make recommendations for changes to processes and procedures and prepare documentation for review as required.
- Flexible working hours (restricted to the current business need)
- No intra-day deadlines
- Interesting, non-repetitive process
- Possibility to Work From Home
- Employee savings plan
- Premium life insurance package
- VIP medical package
- International operating environment
- Language classes
- Soft skills trainings
- Technical workshops