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Middle Office - Associate 2

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State Street

1mo ago

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • Hyderabad, +1
  • Quick Apply

AI generated summary

  • You should have a graduate/Master's or B.S. in Accounting/Finance, strong interpersonal skills, attention to detail, and effective communication. Be deadline-oriented and ready to escalate issues.
  • You will analyze reports, ensure client requirements are met, resolve issues, manage deadlines, validate and approve reports, collaborate with IMS teams, and provide desk support as needed.

Requirements

  • Graduate or Master degree prefer
  • B.S. degree in Accounting or Finance preferred plus Knowledge of securities language preferred or equivalent work experience.
  • Strong interpersonal, organizational and attention to details skills.
  • Strong written and verbal communications.
  • Must be deadline oriented with the ability to escalate issues in a timely manner

Responsibilities

  • Build cooperative and professional internal / external relationships achieving group and client goals.
  • Perform analysis of reports to ensure they meet the clients requirements and escalate any potential issues to internal teams
  • Take ownership of issues to resolution and consult with manager where further clarification is required
  • Prioritize and manage multiple reporting deadlines, maintain checklist to ensure all requirements have been met prior to the approving of reports
  • Validate and approve reports as completed and provide updates as reports are completed and sent
  • Interact with various IMS teams as required (Accounting, Portfolio Control, Fee Billing).
  • Remains familiar with back-up procedures when system applications and/or transmission problems arise.
  • Crossed trained on various clients to be able to provide desk support as needed.

FAQs

What is the main responsibility of the Middle Office - Associate 2 position?

The main responsibility is to review, analyze, and approve client reports associated with external asset managers, while monitoring assigned accounts to ensure they meet client requirements.

Can I expect to work independently in this role?

Yes, the position is expected to work with reduced oversight to identify exceptions and escalate issues once appropriate research has been completed.

What teams will I interact with in this role?

You will interact with various IMS teams, including Accounting, Portfolio Control, and Fee Billing, as required.

What qualifications are preferred for this position?

A graduate or master's degree is preferred, along with a B.S. degree in Accounting or Finance and knowledge of securities language or equivalent work experience.

What skills are important for this role?

Strong interpersonal, organizational, and attention to detail skills, as well as strong written and verbal communications, are important for this role.

Is there a specific deadline orientation required for this position?

Yes, the job requires being deadline-oriented with the ability to escalate issues in a timely manner to ensure reports are delivered on time to clients.

What is the work environment like at State Street?

State Street strives to create a great work environment, offering competitive and comprehensive benefits packages, flexibility in work programs, and a wealth of development programs to help employees reach their full potential.

How does State Street value diversity and inclusion?

State Street believes that diverse backgrounds and perspectives are essential in creating an inclusive environment where everyone can thrive, and actively engages with communities through various initiatives.

Are there opportunities for volunteer work and community engagement through State Street?

Yes, State Street provides paid volunteer days, a matching gift program, and access to employee networks to encourage community engagement and support personal values.

What is the application process for this role?

Interested candidates can learn more about the application process by visiting State Street's careers page at StateStreet.com/careers.

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State Street

We’re at the heart of financial services. And our clients are at the heart of everything we do.

Finance
Industry
10,001+
Employees
1792
Founded Year

Mission & Purpose

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.