Custody Management Services, Associate 2

Overview

Associate 2 role in State Street's Custody Management Services team, focused on accurate reconciliation, resolution of trade and cash discrepancies, and handling client queries in custody and accounting operations.

What you'll do

• Ensure compliance with CMS requirements, including daily and weekly reconciliations for cash, stock, and income.
• Identify and analyze failed or unmatched trades, determine root causes, and initiate resolution processes.
• Gather, validate, and record data from internal systems.
• Coordinate with internal and external stakeholders to facilitate timely issue resolution.
• Monitor cash flows, SWIFT messages, and faxes; follow up with relevant teams as needed.
• Review and address client queries related to custody and accounting matters.
• Conduct problem analysis, gather relevant data, and provide conclusive recommendations.

What you'll need

• Bachelor's degree or equivalent work experience.
• Exceptional client service orientation and collaborative team spirit.
• Strong written and verbal communication skills in English.
• Meticulous attention to detail and excellent organizational skills.
• Proven analytical and problem-solving capabilities.
• Ability to manage multiple priorities in a dynamic, fast-paced environment.
• Proactive, self-driven approach with flexibility to adapt to changing priorities.
• Commitment to meeting deadlines with accuracy and efficiency.
• Proficiency in Microsoft Excel and Word.
• In-depth knowledge of settlements, reconciliation, fund accounting, and capital markets.
• Advanced knowledge of settlement-specific processes for securities and cash.
• Strong time management skills with the ability to reprioritize tasks effectively.

Nice to have

• Degree preferably in Finance or a related discipline.
• 2–3 years of relevant professional experience, ideally in reconciliation, custody, accounting, or trade & settlements.
• Solid understanding and exposure to capital markets.
• Familiarity with SICAV funds and associated accounting processes.

Details

• Location: Bangalore, India.