Business Onboarding & Transitions – Emerging Lead 37 views

Who we are looking for: Individual to lead and coordinate the review of documentation and non-documentation markets to open securities accounts for clients, onboard new business into State Street, Closing of accounts, Amendments and management of the

Who we are looking for: Individual to lead and coordinate the review of documentation and non-documentation markets to open securities accounts for clients, onboard new business into State Street, Closing of accounts, Amendments and management of the renewal process in markets where investment licenses expire and require documentation for renewal. 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. What you will be responsible for: Good understanding of Global Custody and Securities account opening Good understanding of Omnibus account structure, and individual account opening at global securities market Extensive processing knowledge of non-documentation markets Extensive processing knowledge on client profiling, add markets and GTT rates In depth knowledge on account opening, maintenance, closure, and conversion process Experience in MT599 free format swifts Lead and participate in discussions with process and control owners to assess inherent risks, identify controls and control gaps, by conducting walkthroughs Understanding of State Street internal Omni Structure Differentiation between Documentation and Non Documentation markets Bridge the gap between with Client service teams, account opening and local sub custodian banks to facilitate client account openings, closings, conversions, renewals and amendment requests smoothly Participate in sub custodian/ management calls as required Manage client escalations and be able to provide appropriate response in timely manner Exercise discretion and judgment with respect to matters of significance, such as resolving issues/breaches Guide, coach and develop staff/ team members. Provide timely and effective feedback to the team members Work with sub custodians to be able to manage multiple expectations of stake holders Possess excellent negotiation skills to be able to work with the sub custodians during stringent timelines or when exceptions are required Engage the team actively in team activities, knowledge shares session. Ensure high levels of service are maintained Recognize and appreciate team members who go above and in their daily course of work Encourage participation of team members in projects and continuous improvement ideas and department/ organization wide initiatives Provide support during US market hours, flexible to work in Night Shift What we value: : Good knowledge of securities account opening in Global Markets Strong communication, interpersonal, organizational, and time management skills Ability to analyze client/ CST requirements and work proactively to resolve their queries Excellent communication, organization, interpersonal planning, and analytical skills Shit Timing : 6:00 PM – 3:00 AM IST/ 7:00 PM – 4:00 AM IST Work Location : Bangalore Education & Preferred Qualifications: University degree in Business majoring in Accounting, Finance, or other Financial-related programs Hands on experience on Global Markets account opening will be an added advantage. Secondary Skills (Good to Have) Understanding of Omnibus market Structure/ Documentation and Non Documentation markets Good understanding on Omni creations and Omni Linking 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

More Information

Only candidates can apply for this job.
Share this job
Company Information
  • Total Jobs 9 Jobs
  • Location INDIA

Contact Us

https://jobselevate.com/wp-content/themes/noo-jobmonster/framework/functions/noo-captcha.php?code=04867