Who we are looking for:
An excellent opportunity has arisen at the Associate 1 level within Accountant in Custody Department , which involves carrying out a high risk function within the operation. The successful candidate’s responsibilities primarily include the timely and accurate processing specific activities performed in the areas of Custody Department . The Custody Department acts as the main point of contact for all other supporting functions and is responsible for analyzing information, monitoring and resolving queries received from external parties.
Why this role is important to us:
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
Role Purpose:
An excellent opportunity has arisen at the Associate 1 level within Corporate Actions which involves carrying out a high risk function within the operation. The successful candidate’s responsibilities primarily include accounting transactions in Investment Books of Records (IBOR) for respective allotted clients for Global market events within a Middle Office environment. This will also involve working closely with Global (Sub) Custodians around the entitlement confirmation process on behalf of a diverse client base.
Accountant in Custody Department is responsible for the correct and timely processing of specific activities performed in the areas of Custody:
- Cash Management services such as (Cash Investigations-Reconciliations-Transactions’ processing and Risk Queue Monitoring)
- Trades’ processing
The role will involve a significant amount of contact with internal and external entities (i.e. brokers in some cases) and other groups within State Street.
The Accountant in Custody Department is a main point of contact for all other supporting functions and is responsible for analyzing information, monitoring and resolving queries received from external parties.
• Demonstrating timely and accurate processing at all times in accordance with Fund/internal and external clients deadlines, operating procedures and legal regulations.
• Engaging in building an effective working relationship with internal and external clients.
• Supporting day to day running of the team.
• Involvement in departmental ad-hoc projects.
• Involvement in the training and development of other team members if necessary.
• Preparation of various weekly and monthly reports for management review. Compiling and categorizing data used for monthly operational metrics.
• Making recommendations for changes to processes and procedures and preparing documentation for review as required.
• Undertaking appropriate housekeeping duties e.g. filing, archiving, carrying out a clean desk policy.
• Taking responsibility for personal development and training.
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. Discover more at StateStreet.com/careers
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What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
