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Core Operations, Assosicate 2

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State Street

Nov 11, 2024

  • Job
    Full-time
    Junior & Mid Level
  • Sales & Business Development
    Banking & Finance
  • Pune
  • Quick Apply

AI generated summary

  • You should be a dynamic graduate with investment banking knowledge, familiar with banking terms, and hold a postgraduate/MBA from a reputed institution.
  • You will process Corporate Actions & Income setups, manage client requests, resolve discrepancies, and maintain reconciliations while improving service delivery and customer satisfaction.

Requirements

  • Looking for a dynamic candidate who will be part of a highly reputed Investment Bank where you will be playing a key role in managing clients and key stakeholders as part of global operations.
  • Candidate should possess knowledge of Investment Banking domain and well versed with banking terminologies.
  • Any Graduate from a premier University.
  • Post Graduate/MBA from a reputed institution.

Responsibilities

  • Ensure all Corporate Actions & Income setups, instructions and payments are processed while meeting standards established by the Bank and the team’s procedures
  • Contribute to the improvement of service delivery and client satisfaction by sharing improvements to the process whenever applicable
  • Manage all queries and client service requests in the dedicated tools to allow statistical analysis of activity and ensure client satisfaction if top most priority
  • Resolve all discrepancies, ensure to take action on everyday matters as well as inquiries from all external clients plus internal departments
  • Develop and maintain position to reconcile short, long, borrowing plus lending.
  • Interact with customers and varied departments on all routine matters as well as inquiries

FAQs

What is the role of the Associate in Core Operations?

The Associate will be responsible for managing Corporate Actions and Income setups, ensuring accurate processing and communication with clients and stakeholders, while actively contributing to service improvement.

Is prior experience in investment banking required for this position?

While prior experience is not explicitly required, knowledge of the Investment Banking domain and familiarity with banking terminologies are essential for this role.

What educational qualifications are preferred for this job?

The preferred qualifications include any undergraduate degree from a premier university and a postgraduate/MBA from a reputed institution.

What are the key responsibilities of the role?

Key responsibilities include processing Corporate Actions and Income setups, managing client inquiries, resolving discrepancies, and interacting with various departments to ensure client satisfaction.

How does the company value employee development?

State Street provides a wealth of development programs and educational support to help employees reach their full potential.

What type of work environment can employees expect?

Employees can expect a competitive and comprehensive benefits package, including flexible work programs, generous medical care, insurance, and savings plans that contribute to a positive work environment.

What is State Street's approach to diversity and inclusion?

State Street emphasizes creating an inclusive environment that values diverse backgrounds, experiences, and perspectives, fostering an environment where everyone can thrive and contribute.

Are there opportunities for community engagement at State Street?

Yes, State Street encourages community engagement through initiatives like paid volunteer days, matching gift programs, and access to employee networks to support personal interests.

What does the Income team do within Core Operations?

The Income team develops knowledge of markets and financial instruments, provides detailed information to clients regarding Corporate Actions and Income events, and ensures stakeholder support throughout the process.

How does State Street ensure client satisfaction?

State Street prioritizes client satisfaction by managing and responding to client queries, continuously improving service delivery, and ensuring accurate and timely processing of all relevant transactions.

We’re at the heart of financial services. And our clients are at the heart of everything we do.

Finance
Industry
10,001+
Employees
1792
Founded Year

Mission & Purpose

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.