Derivatives Associate

We are seeking a highly skilled Derivatives Associate to join our team at State Street Corporation. As a key member of our operations team, you will play a critical role in ensuring the accuracy and timeliness of our financial data and processes.

• Monitor and process Derivatives related events to ensure compliance with established procedures.
• Collaborate with Client Operations and other operational Shared Service teams/Center of Excellence (COE's) to drive process improvement initiatives and changes based on business strategy requirements.
• Accumulate, retain, and use knowledge of OTC derivatives associated with process to drive operational efficiencies and re-engineering initiatives.
• Manage new business transitions or business migration activities and ensure proper implementation within the team.
• Build relationships with internal & external clients and foster a culture of collaboration within the team.
• Coach and offer help to less experienced staff to drive learning and development initiatives.
• Work closely with inter-departmental contacts to ensure that required deliverables are delivered with high quality.
• Identify risk issues, breaches, and act in accordance with the 'risk' escalation chain and operating procedures.
• Resolution of queries with internal teams, clients, vendors, counterparties, etc.
• Be accountable for assigned tasks and deadlines for self and for the team.
• Be accountable for staff on-boarding, leave planning, and turnover of the team.
• Foster an environment of learning and teamwork.

• Bachelor degree or above.
• 3+ years experience in financial services and/or a back-office operations environment.
• Strong Excel skills would be an added advantage.
• Strong knowledge of financial concepts (Derivatives and Regulation).

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.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance, and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

We truly believe our employees' diverse backgrounds, experiences, and perspectives 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 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 programs, 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.