Job Details
Portfolio Oversight and Control - Trade Administration, VP1, State Street Global Advisors Who we are looking for
SSGA Portfolio Oversight and Control are a team of operations professionals with broad experience who provide integration support and daily oversight for the SSGA core outsourced middle and back office functions, this role will focus on the trade administration aspects of the service delivery by our outsourced providers, working to ensure all aspects of trade capture, settlement and issue resolution are documented, understood and executed by both parties seamlessly for all asset classes.
Why this role is important to us
The team you will be joining is a part of State Street Global Advisors, one of the biggest asset managers in the world, that provides services to the world'sernments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.
What you will be responsible for
As a Portfolio Oversight and Control - Trade Administration VP1 you will be:
• Monitoring and reviewing critical metrics to ensure deliverables and service standards are met, building and maintaining Service Level Agreements with outsourced providers in regard to TA functions
• Contribute to the SSGA change agenda through partnering with other teams on projects (locally and globally) and on new business analysis so as clear direction can be provided on the scope and operational post trade execution requirements related to any new or existing SSGA business initiative
• Act as a point of escalation for the Traders and Portfolio Managers- address issues accordingly and suggest controls to enhance existing processes
• Develop and maintain relationships with key external stakeholders including other business lines, corporate functions, brokers and custodians.
• Keep abreast of market / index events and participate in industry forums
• Monitoring and reviewing critical metrics to ensure deliverables and service standards are met in regard to outsourced Regulatory Trade and Transaction reporting
• Manage the SSGA delegation framework requirements for outsourced Regulatory Trade and Transaction reporting
• Provide support for client requests as and when required
What we value
These skills will help you succeed in this role
Demonstrate the 'Risk Excellence' culture in your behaviour
You will have strong analytical skills and a positive organized approach to investigating queries and exceptions
Excellent oral and writtenmunication skills and willingness tomunicate with colleagues at all levels of the organization.
You have the ability to plan and run multiple priorities and tasks with the skills to adapt and be flexible to change in a delivery focused, deadline driven environment.
You will be able to work confidently both independently and as part of a team.
You understand investment markets and the settlement of securities. Understanding of product and fund valuation useful.
Ability to build strong positive relationships with both internal and external clients.
Willing to assume responsibility and take ownership of tasks assigned.
Education & Preferred Qualifications
Degree qualified with a financial or analytical discipline preferred.
Professional industry qualifications an advantage.
Additional requirements
Experience in overseeing outsourced operations functions and or understanding of regulatory requirements on outsourced service recipients an advantage
Experience using Bloomberg, DTCC's ALERT & CTM, Global Link's GTSS and be capable using the Microsoft Office suite of applications (Word, Excel, PowerPoint).
At least 6+ years' experience from a Trade Support or Trade Administration background demonstratingparable skill sets required
Exposure to both exchange traded and OTC products beneficial
Appreciation of stamp duty markets, financial transaction taxes and collection of them in relation to in specie activities.
Project management experience an advantage.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligencepanies 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 arepetitive andprehensive. 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.
Inclusion, Diversity and Social Responsibility. 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 wee candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with ourmunities 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.
Discover more at StateStreet/careers
Job ID R-752428
SSGA Portfolio Oversight and Control are a team of operations professionals with broad experience who provide integration support and daily oversight for the SSGA core outsourced middle and back office functions, this role will focus on the trade administration aspects of the service delivery by our outsourced providers, working to ensure all aspects of trade capture, settlement and issue resolution are documented, understood and executed by both parties seamlessly for all asset classes.
Why this role is important to us
The team you will be joining is a part of State Street Global Advisors, one of the biggest asset managers in the world, that provides services to the world'sernments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.
What you will be responsible for
As a Portfolio Oversight and Control - Trade Administration VP1 you will be:
• Monitoring and reviewing critical metrics to ensure deliverables and service standards are met, building and maintaining Service Level Agreements with outsourced providers in regard to TA functions
• Contribute to the SSGA change agenda through partnering with other teams on projects (locally and globally) and on new business analysis so as clear direction can be provided on the scope and operational post trade execution requirements related to any new or existing SSGA business initiative
• Act as a point of escalation for the Traders and Portfolio Managers- address issues accordingly and suggest controls to enhance existing processes
• Develop and maintain relationships with key external stakeholders including other business lines, corporate functions, brokers and custodians.
• Keep abreast of market / index events and participate in industry forums
• Monitoring and reviewing critical metrics to ensure deliverables and service standards are met in regard to outsourced Regulatory Trade and Transaction reporting
• Manage the SSGA delegation framework requirements for outsourced Regulatory Trade and Transaction reporting
• Provide support for client requests as and when required
What we value
These skills will help you succeed in this role
Education & Preferred Qualifications
Additional requirements
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligencepanies 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 arepetitive andprehensive. 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.
Inclusion, Diversity and Social Responsibility. 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 wee candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with ourmunities 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.
Discover more at StateStreet/careers
Job ID R-752428
