Make Tomorrow Happen. Advance your career at State Street.

Are you looking to start or accelerate your career in financial services? Do you enjoy analytical work, solving problems, and collaborating with clients and stakeholders across the globe?

Join State Street's Derivatives Centre of Excellence, part of Global Complex Operations, and become part of a team supporting some of the world's largest asset managers and financial institutions. You will gain hands-on experience across a wide range of derivative products and develop expertise in a dynamic and growing area of the financial industry.

Whether your background is in finance, economics, mathematics, business, or another discipline, we provide comprehensive training and development opportunities to help you succeed.

What You Will Be Responsible For

As an Associate 1, you will support the day-to-day servicing of derivative transactions and work closely with clients, custodians, brokers, counterparties, and internal teams to ensure accurate and timely processing of operational activities.

Daily Operations:

• Perform daily processing activities across a range of derivative products including swaps, options, futures and CFDs.
• Support trade lifecycle management, including trade booking, trade validation and processing instrument valuations.
• Assist with trade affirmation and confirmation activities, ensuring trades are accurately matched between clients and counterparties.
• Monitor and process derivative-related cash movements, including fees, premiums, margins, interest payments and lifecycle-related settlements.
• Support valuation and reconciliation activities and investigate discrepancies where identified.
• Produce and distribute standard operational reports to internal stakeholders and clients.

Client & Stakeholder Management:

• Communicate with clients, counterparties, brokers, custodians, clearing banks and pricing vendors regarding operational queries and transaction processing.
• Respond to routine client inquiries and support issue resolution in a timely and professional manner.
• Build effective working relationships with internal and external stakeholders to ensure smooth end-to-end service delivery.

Problem Solving & Risk Management:

• Investigate transaction breaks, processing exceptions and settlement discrepancies.
• Escalate issues requiring additional review or intervention to senior team members.
• Ensure all activities are performed in accordance with established procedures, controls, and risk management standards.
• Report operational risks, compliance concerns, control breaches or suspicious activities in line with company policies.

Continuous Improvement:

• Contribute ideas to improve operational efficiency and enhance the client experience.
• Participate in team initiatives, training programs and knowledge-sharing activities.
• Continuously develop knowledge of financial markets, derivative products and industry best practices.

What We Value:

• Strong attention to detail and commitment to accuracy
• Effective communication and interpersonal skills
• Ability to work in a fast-paced, deadline-driven environment
• Curiosity and willingness to learn
• Problem-solving mindset
• Teamwork and collaboration
• Client-focused approach

Education & Preferred Qualifications:

• Bachelor's degree (or currently pursuing a degree) in any discipline
• Finance, Economics, Mathematics or Business-related studies are advantageous but not required
• Good analytical and numerical skills
• Fluent English (written and spoken)
• Working knowledge of Microsoft Excel
• Previous experience in financial services, banking, operations or customer service would be an advantage

Why Join State Street?

• Hybrid working model with minimum 3 days in the office per week
• Additional holidays, including Birthday Day Off and service anniversary leave
• Multisport Card
• Comprehensive medical coverage for employees and their families
• Language courses
• Educational Support Program
• Mentoring and career development opportunities
• Access to technical and soft skills training
• Diverse and inclusive international environment
• Employee savings plan
• Premium life insurance package
• Well-being programs and employee networks
• Opportunities to participate in volunteer and community initiatives

Note: The role requires a minimum of three days per week working form the office

Minimum Salary:​

The minimum salary quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of this primary location, the applicable minimum salary may differ.​

Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.​

In addition to salary, employees are eligible to be considered for discretionary annual performance-based awards.​

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We Offer:​

• Permanent contract from day one​

• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)​

• Gold Medical Package for employees and their families (partner and children)​

• Premium life insurance package and private pension plan​

• Wide range of soft skills training, technical workshops, language classes and development programs​

• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice​

• Variety of well-being programs​

• Additional benefits available depending on the seniority of the role

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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