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Middle Office Exchange Traded Derivatives Senior Associate

State Street
Bengaluru, KarnatakaSalary not disclosed6–8 years expDay ShiftPosted 9h ago0 views
Actively Hiring

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Job Description

Role Overview State Street, one of the world's leading custodian banks and asset intelligence firms, is seeking a Senior Associate to join its Transaction Management Exchange Traded Derivatives team in Bengaluru. In this role, you will serve as a primary point of contact for internal and external clients while overseeing day-to-day ETD operations within the Middle Office Services division. You will play a critical role in driving trade lifecycle excellence, client service delivery, and risk management across a globally connected team. Key Responsibilities - Manage daily operations of the Transaction Management Exchange Traded Derivatives team for assigned clients - Drive trade confirmation, processing, settlement, and reconciliation activities with prime brokers - Validate and process margin requirements and execute wire transfers as per client agreements - Ensure timely and accurate delivery of all client reporting within agreed service level agreements - Serve as subject matter expert and primary escalation point for client-initiated queries - Maintain and update client recordkeeping data with accuracy and consistency - Collaborate with internal teams, custodians, and brokers to resolve exceptions and open issues - Support compliance reviews, internal audits, and control assessments - Contribute to process improvement initiatives leveraging technology and automation Required Qualifications - Degree in Finance, Business, or a related discipline with relevant industry experience - Strong working knowledge of Middle Office operations and Exchange Traded Derivatives trade lifecycle - Demonstrated experience in client communication and interaction at multiple organisational levels - Familiarity with investment management operations and supporting technologies - Experience participating in organisational change and understanding change management principles - Proficiency in MS Excel, Access, Word, and PowerPoint is essential - Exposure to low-code tools, SQL, or Python is an added advantage - Excellent written and spoken English communication skills Why Join Us State Street offers a competitive benefits package, flexible work programmes, and extensive learning and development opportunities to help you grow both professionally and personally. You will be part of a globally respected institution where your contributions directly support institutional investors around the world.

Requirements

- Degree in Finance or Business or equivalent qualification - Strong knowledge of Exchange Traded Derivatives trade confirmation and processing - Experience in trade reconciliation and margin validation - Proficiency in MS Excel, Access, Word, and PowerPoint - Excellent client communication and relationship management skills - Understanding of Middle Office operations and trade lifecycle - Exposure to SQL, Python, or low-code automation tools - Strong attention to detail and ability to manage multiple priorities under tight deadlines - Risk awareness and sound judgement in escalation decisions

Benefits

- Competitive medical care and insurance coverage - Savings and investment plans - Flexible work programme options - Paid volunteer days - Access to learning and development programmes - Vibrant employee networks and engagement initiatives - Equal opportunity and inclusive workplace culture

Frequently Asked Questions

How to apply for Middle Office Exchange Traded Derivatives Senior Associate at State Street?

Contact the company directly.

What is the salary for this role?

Salary details will be discussed during the interview.

What experience is required?

6–8 years of experience is required.

Is this position still open?

Yes, this position is currently active and accepting applications.

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