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Core Operations, Senior Associate

State Street
NewPosted today

LOCATION

HINJEWADI PUNE · Onsite

EXPERIENCE

2+ Years

TYPE

FullTime

SKILLS REQUIRED

Cash managementReconciliationRegulatory ComplianceLiquidity ManagementWire Transfers

Job description

Overview

Senior Associate in the Investable Cash team, responsible for ensuring timely and accurate processing of cash deliveries, sweeps, payments and related operational activities, supporting the US region from the Pune office.

What you'll do

  • Coordinate with the client service team or directly with clients to ensure seamless cash delivery.
  • Maintain accurate records and reports to ensure compliance with regulatory requirements.
  • Analyze and predict cash inflows and outflows to ensure accurate forecasting and optimal liquidity management.
  • Manage sweep accounts to optimize cash concentration, minimize idle balances, and maximize investment opportunities.
  • Receive, verify, and process incoming and outgoing wire transfers, ensuring timely and accurate settlement.
  • Reconcile cash positions across multiple accounts and systems to ensure accuracy and integrity.
  • Monitor and manage overdrafts to minimize fees and ensure compliance with regulatory requirements.
  • Process and verify cash deliveries, DDA reconciliation, day-to-day overdraft monitoring, money movements, and wire transfers including incoming and outgoing domestic and international payments.

What you'll need

  • Graduation (Commerce).
  • Minimum 2 years of experience as a Senior Associate in State Street.
  • Strong critical thinking, problem solving, and decision making skills.
  • Ownership and accountability for daily self-review.
  • Timely completion of assigned client deliverables.
  • Should know how to use MCH, IMT etc.

Details

  • Location: Hinjewadi, Pune, India.

Read the full description and apply on the company’s own careers page.

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Core Operations, Senior Associate