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Middle Office, Senior Associate

State Street

Middle Office, Senior Associate

State Street

Mumbai, India

·

On-site

·

Full-time

·

1w ago

Benefits & Perks

Healthcare

401(k)

Paid Time Off

Flexible Hours

Paid Volunteer Days

Healthcare

401k

Flexible Hours

Required Skills

Attention to detail

Time management

Problem solving

Communication skills

Multi-tasking

Job Description:

Who we are looking for

In this role, you will work with State Street teams from around the globe to support premier investment management clients. You will have immediate responsibility to oversee all day-to-day transactional responsibilities in a fast-paced, flexible and exciting environment.

Why this role is important to us

This is a varied position with a senior level of responsibility within the Middle Office Services operations. The team is responsible for end-to-end service delivery for majority of the Middle office functions. The candidate is require to ensure service delivery to both internal and external clients, ensure timely response to client initiated queries, and escalation of any unresolved matters to manager for best resolution solution.

What you will be responsible for

As Senior Associate, you will

· Support a large international Investment Management Client

· Provide a high standard of support to both internal or external clients

· Embrace State Street’s “corporate values” and support a work environment reflective of those

values

· Effectively communicate with clients, custodians, brokers, managers, and peers within State Street

· Be a strong team player and demonstrate dedication to group and company goals

· Demonstrate professional maturity and effective time management

· Demonstrate the ability to analyze a problem, obtain and evaluate information, and reach sound

conclusions

· Ensure all internal/external clients’ inquiries are logged and resolved in a timely and satisfactory

manner

· Ensure all daily and monthly services are delivered in accordance with relevant client SLA’s

· Ensure all transactions are processed on a daily basis

· Participate in review meetings Internal, Client

· Facilitate new market initiatives setup

· Contribute to team initiatives around audit, risk management

· Complete special tasks and projects assigned by the supervisor or manager.

What we value

These skills will help you succeed in this role

· Excellent attention to detail

· Must be responsible and take ownership to the job which is allocated

· Must be organized and able to multi-task often working to tight deadlines.

· Must have demonstrated an ability to handle numerous activities and to prioritize work effectively.

· Must be pro-active and be a problem solver

· Must be highly professional interacting with several departments within the company

· Must be flexible often dealing with ad-hoc queries from clients.

. A team player

· Must demonstrate an understanding of the risks involved in the processes and reflect this in their

approach to work prioritization

· Flexibility to work in shifts.

Education & Preferred Qualifications

· Degree in Finance, Accounting, business management preferred.

· Understanding of the Investment Management industry, with a minimum 2 years prior business

experience.

· Understanding of Investment Manager Operations, particularly around processes and key

deliverables

· Proven ability to communicate in a clear, concise and professional manner

· Strong time management skills with the ability to prioritize under pressure

· Good understanding of F2B trade lifecycle.

· PC skills with an excellent understanding of Microsoft Word, Outlook, and Excel.

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.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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About State Street

State Street

State Street Investment Management — formerly State Street Global Advisors (SSGA) — is an American investment management division of State Street Corporation founded in 1978 and the world's fourth largest asset manager, with nearly US$4.1 trillion in assets under management as of December 31, 2023.

10,001+

Employees

Boston

Headquarters

Reviews

3.5

6 reviews

Work Life Balance

2.5

Compensation

3.0

Culture

2.5

Career

3.2

Management

2.8

35%

Recommend to a Friend

Pros

More opportunity than other banks

Career advancement potential

Financial services experience

Cons

Slow hiring process

Poor Glassdoor reviews

Variance in firm quality opinions

Salary Ranges

76 data points

Junior/L3

Junior/L3 · Business Analyst

2 reports

$134,560

total / year

Base

$117,009

Stock

-

Bonus

-

$127,061

$142,060

Interview Experience

5 interviews

Difficulty

2.6

/ 5

Duration

21-35 weeks

Offer Rate

20%

Experience

Positive 20%

Neutral 60%

Negative 20%

Interview Process

1

Application Review

2

Recruiter Screen

3

Phone Interview

4

Technical/Hiring Manager Interview

5

Final Interview/Offer Stage

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit