Job Description

Who we are looking for:State Street is seeking a skilled candidate to be part of the RKS Conversion project at the Senior Associate Level. The Senior Associate will work with the team responsible for data analysis and data conversion of new State Street Clients onto the State Street Middle Office platform.Candidate Should Have:

• Overall, 3 to 8 Years of Industry Experience
• 4+ years of relevant Financial Industry Experience required, preferably Investment Management, Asset Management
• Reasonable understanding of Securities, Loans, IBOR/ABOR, Transaction Management
• Good knowledge data analysis and data conversion of new Clients to an in-house Middle Office system
• Good Communication Skills with good external and internal client interfacing skills
• Ability to work in a high paced environment, be flexible, follow tight deadlines, organize and prioritize work.
• Ability to analyze and resolve project-related issues and follow through with set objectives.
• Experience working on projects related to Middle & Back Office Client On boarding.
• Bachelorxe2x80x99s Degree in Finance & Accounting, Computer Science, Information Technology
• Nice to have :MBA in Finance, Management, Business Administration from Premier B School

Why this role is important to us:The team you will be joining will be responsible for data analysis and data conversion of new State Street Clients onto the State Street Middle Office platform. Having said that detailed knowledge on Derivative product is a must so as to understand the client requirements and business ask.Domain knowledge along with reconciliation background will be a good to have as our end goal is to migrate the client data onto a new Middle office platform with proper reconciliation of various products, pricing, etc.What you will be responsible for:

• Work on inputs and outputs from the conversion process and communicate issues internally.
• Understand the current processes and tools used by State Street, and map new requirements to this tool
• Resolve issues and gaps in terms of data provided or discrepancies in data between legacy presentation and the future state model basis the feedback provided.
• Work on the deliverables of conversion planning and testing in order to meet the milestones.
• Participate in the actual conversion tests (BUAT, CUAT), dress rehearsals and Prod Go Live.
• Liaise with clients to obtain additional information that may be necessary from time to time to deliver the conversion activities smoothly.
• Ensures timely resolution of issues while keeping management informed of any potential risk.
• Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements. May have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams.

What we value:These skills will help you succeed in this role:

• Good knowledge of U.S. Investment Companies Act of 1940 or UCITS
• Strong communication, interpersonal, organizational, and time management skills
• Ability to analyze investment guidelines and policies to determine testing requirements.
• Excellent communication, organization, interpersonal planning, and analytical skills
• Deadline and detail oriented
• Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills.

Shift Timing : Based on the Project requirement (IST)Work Location : Bangalore / HyderabadEducation & Preferred Qualifications:University degree in Business majoring in Finance, or other Financial-related programsOverall experience of 4+ years in Middle Office, Back Office, or related work.Secondary Skills (Good to Have)Exposure to Charles River Development (CRD)Coding in Visual Basic Applications (VBA), Java, Macros.About State StreetWhat 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, wexe2x80x99re making our mark on the financial services industry. For more than two centuries, wexe2x80x99ve 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. Youxe2x80x99ll 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 employeesxe2x80x99 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

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