Job Description

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.
Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It's also part of our commitment to inclusion, development and engagement, and corporate social responsibility.
You'll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you.
As a Global Cash Operations, Officer, you will interact internally with global Centres of Excellence, Client Operations teams, business unit Shared Service teams to complete applicable day-to-day activities, relating to the overall processing for assigned clients and portfolios.
Key Responsibilities Should have good understanding of the settlement process and accounting (Statements and Ledgers)
Should be capable of understanding process risk and should ensure to adherence to operational controls and checklist
Should be well versed with SOP creation and maintenance. Works in conjunction with individuals on the team as well as other shared services and Client Operations to ensure seamless processing according to the fund's policies
Should be able to interpret relation between payment and receipts and be able to resolve breaks timely and accurately Achieve all assigned operational deliverables adhering to Standard Operating Procedures During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
Ability to communicate with different teams/fund groups/agent banks via email/phone calls in accordance to the strict market cut-off Should be familiar with Trade Life cycle and have a fair understanding of different guidelines
Good understanding of NOSTRO and other payment systems (MT202, Fed wire). Should carry knowledge of SWIFT messages (MT202, MT103, MT910, MT940)
Should have fair understanding of MX messages (namely pacs.08, pacs.09, pacs.04, camt.056, camt.029) Good if already have working knowledge of reconciliation tools such as Intellimatch
Key Competencies
Technical Knowledge & Commercial Acumen Quality & Risk Control Decision Making Client Service Communication Teamwork Coaching Drive for Results Adaptability
Experience / Qualification / Key Skills / Attributes Bachelor's degree with business related coursework or B.S. degree in Accounting or Finance preferred. 8-12 years of experience in Cash Reconciliation Strong computer competence (Microsoft Applications: Word, Excel) Accuracy and detail oriented Strong interpersonal skills Strong communication (verbal and written) skills Ability to multi-task Ability to work under pressure, and within a deadline oriented environment
+ Stakeholder Management - Organize and present KPIs to stakeholders and ensure working relationship with all stakeholders
+ Managing a team of 10-12 Associates/Sr. Associates across different shifts
+ 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 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.
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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