Core Operations, Associate 2

3 days ago

Sydney, Australia State Street Full time

Who we are looking for:
The Risk Co-Ordinator will assist the members of the group in the monitoring and processing of transactions through the various Risk queues, by reaching out to unit heads, VPs and Enterprise Risk Management to obtain approval for overdrafts that exceed policy limits for both U.S. and non-USD markets. The Risk Co-Ordinator will also monitor the Sanctions Screening system for potential OFAC breaches.

The associate will have responsibilities including but not limited to scheduling, reporting, and escalations. The Risk Co-Ordinator must interact with fund groups globally monitoring daylight and overdraft situations that exceed established policy limits in the US market and non-USD markets and ensure all transactions are addressed on a timely basis consistent with specific market deadlines and departmental procedures elevating potential risk situations for timely resolution.

Why this role is important to us:
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for:
As Risk Co-Ordinator you will:
- Monitoring and escalating transactions in various Risk queues- Prioritizing the release of transactions based on currency deadlines- Liaising between Business units and ERM for the release of each transaction- Monitoring, releasing or escalating of messages in Sanctions Screening system- Ad-hoc projects related to procedures, job aids and system changes and upgrades

What we value:
These skills will help you succeed in this role:
- Problem solving- Attention to detail is required- A strong communicator- A Team player but able to also work autonomously

Education & Preferred Qualifications:
- First job or no more than 2 years financial services experience

Additional requirements:
This role will be based on a five day shift from 9:00 am to 5:30 pm.

About State Street

What 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 we’re making our mark on the financial services industry. For more than two centuries, we’ve 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. You’ll 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.

State Street is an equal opportunity and affirmative action employer.

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