from Ukraine
See my story
from Portugal
See my story
from Colombia
See my story
from Italy
See my story
from Mexico
See my story
from Denmark
See my story
beign your career journey with accenture

State Street Bank
State Street Bank
location iconLocations: Gdańsk
level iconLevel: specialist
Middle Office Specialist - Cash & Collateral, Senior Associate
Location: Gdańsk

Your new team
Cash & Collateral Management team operates within Middle Office Alternative Investment Services. The team is responsible for calculating all collateral movements required in accordance with the terms specified in the ISDA, PSA and ISMA agreements, as received by IFS. The team monitors cash and collateral payment for trade settlements and ensures that client issues are highlighted and escalated when necessary.

Your new role

Middle Office Specialist - Cash & Collateral, Senior Associate performs the daily Collateral Management and Cash processes in accordance with internal controls and procedures.

Main responsibilities:

  • Perform the collateral and cash work flows on allocated clients

  • Ensure all daily counterparty statements are received and reviewed by the Team

  • Interact on a daily basis with external parties i.e. clients and ISDA counterparts

  • Identify trade, Independent Amount (IA) and collateral balance breaks with counterparties

  • Ensure all agreed collateral moves are completed, with the appropriate systems updated as record

  • Perform daily review for cash & collateral tasks

  • Ensure Detailed Checklist is complete

  • During the course of normal day to day activities, responsible 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

  • Reporting to Ireland Office: Ensure daily checklist is complete and verify end of day process is completed' Highlight, escalate and report all issues to the client representative in Ireland pertaining to client service. Ensure daily correspondence with the Ireland Office to keep the Operations Manager up to date with relevant issues.

What we value

Previous Level Of Experience:

  • In depth knowledge of some OTC product types, collateral, cash and treasury related requirements

  • Knowledge of processing functions: cash moves (SWIFT); good understanding of currency settlement and other applicable deadlines; understanding of the process flow from trade inception to close out

Skills and qualifications:

  • Strong verbal and written communication skills

  • Very good English

  • Strong analytical skills

  • Ability to perform effectively within strict client deadlines

  • Highly numerate

  • IT Literate

  • Degree in Accounting or Finance or Business related area

What we offer

  • Employee savings plan

  • Premium life insurance package

  • VIP medical package

  • Multisport card

  • Language classes

  • Soft skills trainings

  • Technical workshops

  • Development sessions with a mentor

  • Diversity of opportunities across a range of challenging and highly complex activities

  • Technical or leadership career pathway

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.

This job is no longer available

Recruitment process for this position has ended.


  • iconBanking
  • iconEnglish
  • iconGdańsk, pomorskie

Company profile

  • About us
  • Job offers (4)

Do you want to be always up to date?

Create job alert and start getting similar offers directly to your mailbox!