Fx Confirmation - Mumbai, Maharashtra, India - State Street

State Street

Verified Company

Mumbai, Maharashtra, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Description

Job Description
Job Description

Business Line : Global Markets

Work Location :
Bangalore

Process Name :
FX Confirmations and Settlements

Position:
Senior Associate (EL/TL/AM)

Shifts (in IST) : US Shift
State Street Corporation (

NYSE:
STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading.

With $33.99 trillion in assets under custody and administration and $2.81 trillion* in assets under management as of September 30, 2018, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia.

For more information, visit State
Street's website at

This figure is presented as of September 30, 2018 and includes approximately $28 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

About Business Line

State Street Global Markets delivers innovative, value-added trading, execution, and financing services to clients across a spectrum of businesses thereby generating shareholder return.

The different business in Global Markets involved are Foreign Exchange Sales & Trading and Research, Securities Finance and Portfolio Solutions
About Process

State Street Global Markets Foreign Exchange confirmations and settlements team ensures all deals/trades are confirmed and settled in a timely manner based on market cut off.

Key Responsibilities/Skills & Knowledge/ Qualification

Reach out to client in case of nonreceipts
Ensure that the focuses on client needs first and drive all efforts to provide exceptional service
Review and/ or Implement controls when applicable to reduce risk
Will have to engage and communicate daily with the below stakeholders
GTCB Cash processing and investigations team
SSGM FX Trading and Middle office units
Counterparties
SSGM FX DBM Team
Take responsibility 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. Should have knowledge of Vendor platform like GTSS, Bloomberg, FXALL and Misys
Should have knowledge of confirmation Swift for FX
Should have knowledge about different payment swifts
Have good understanding of NDF and different FX products
Ability to manage multiple tasks / priorities
Ability to work under pressure, working to deadlines and dealing with high volumes
Strong communication skills written and verbal, with internal and external contacts
Should have good problem solving and people managing skills

Primary Skills (Must have)

Customer focus.
Demonstrates good team working skills
Ability to think creatively, solve problems and identify opportunities to improve existing processes and controls

Strong Excel skills

VLookups and Pivot Tables

About State Street Corporation:
State Street Corporation (

NYSE:
STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading.

For more information, visit State Street's website at
_This figure is presented as of September 30, 2018 and includes approximately $28 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated._
For more information on State Street Corporation, please visit