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State Street · 2 days ago

Middle Office, Officer

Berwyn, PA

Full-time

Onsite

Mid Level

$70K/yr - $115K/yr

4+ years exp

State Street is a leading provider of fund accounting and administration services. The role involves supporting clients with trade capture, portfolio pricing, trade confirmation, and settlement services while developing expertise in complex financial products and security settlement lifecycle.

BankingFinanceFinancial Services

Responsibilities

Intermediate understanding of settlements for equities, fixed income, futures and foreign exchange and derivatives

Process trades

Confirmation of client trades by phone, email or matching platform

Interact on a daily basis with prime brokers and client counterparties

Resolution of trade breaks with client and counterparties

Resolve fails with prime broker and counterparties

Liaise with client regarding ad hoc issues, establish and maintain relationships with client and other external parties: Counterparties, Prime Brokers, etc

Co-ordinate system enhancements or new requirements on behalf of the team. Responsible for the co-ordination of system testing and sign off

Involved in new client onboarding and initialization of funds

Qualification

EquityFuturesOptionsFixed IncomeFXDerivativesTrade order flowSWIFT messagingCash wire processingAdvent Geneva PlatformAnalytical skillsCommunication skills

Required

Intermediate understanding of settlements for equities, fixed income, futures and foreign exchange and derivatives

Process trades

Confirmation of client trades by phone, email or matching platform

Interact on a daily basis with prime brokers and client counterparties

Resolution of trade breaks with client and counterparties

Resolve fails with prime broker and counterparties

Liaise with client regarding ad hoc issues, establish and maintain relationships with client and other external parties: Counterparties, Prime Brokers, etc

Co-ordinate system enhancements or new requirements on behalf of the team. Responsible for the co-ordination of system testing and sign off

Involved in new client onboarding and initialization of funds

In depth knowledge of some/all of the following products: Equity, Futures, Options, Fixed Income, FX, Derivatives (IRS, CDS, TRS, etc)

Experience interfacing with security valuation agents like Markit PV, BVAL, ICE Data, JPM Pricing Direct

Knowledge of trade order flow, security life-cycle events (settlements, corporate actions), SWIFT messaging and cash wire processing required

Strong verbal, analytical and written communication skills

Bachelor's degree

4-6 years of experience