Core Operations, Off at State Street in Princeton, New Jersey

Job Description:

AIS MIDDLE Office Manager -Officer

• Job Description

Responsible for managing a team that performs middle office services on behalf of our clients. Functions performed include trade capture, security master modelling, trade confirmation, settlement monitoring, client query resolution and security valuations. Candidate will be primarily focuses on a large global investment manager mandate that recently launched on our platform. 

MAJOR RESPONSIBILITIES:    

• Manage day-to-day tasks and ensure client deliverables are completed and accurate.


• Liaise with client regarding ad hoc issues, establish and maintain relationships with client and other external parties: Counterparties, Prime Brokers, etc.   


• Co-ordinate system enhancements or new requirements on behalf of the team.  Responsible for the co-ordination of system testing and sign off.


• Engage with multiple stakeholders in managing strategic projects that bring cohesive end-to-end solutions to our clients. Strategically look to customize our service offering in a way that optimizes the proposed operating model.


• Supporting the Operations Director in their role.  Ensure their Director is kept up to date with relevant issues, escalating problems to the manager as they arise.


• Involved in new client take-on, initialization of funds, new team building, etc.


• People management – Interviewing, perform staff appraisals; address any staff performance issues, etc.


• Oversight of staff and functions in Offshore locations (Poland/India/China)


• Manage training needs of team, ensure training gaps are identified and addressed.

REQUIREMENTS:

Education and Experience 

• Degree in Finance or Business related area


• 2-5 years middle office/operations experience preferred

Skills/Knowledge  

• In depth knowledge of some/all of the following products: Equity, Futures, Options, Fixed Income, FX, Derivatives (IRS, CDS, TRS, etc)


• Experience interfacing with security valuation agents like Markit PV, BVAL, ICE Data, JPM Pricing Direct


• Knowledge of trade order flow, security life-cycle events (settlements, corporate actions), SWIFT messaging and cash wire processing required.


• IT Literate – VBA experience a plus


• Strong verbal, analytical and written communication skills


• Experience with Advent Geneva Platform advantageous  


• Experience working in a virtual team environment.

COVID-19 Protocols:  Complying with State Street’s COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.