Database Management, Officer

State Street Corporation
London, United Kingdom
14 May 2022
13 Jun 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Who we are looking for
Someone who will assist with accurately and efficiently on-boarding new accounts to the Securities Lending and Foreign Exchange business platforms

Why this role is important to us
The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for
As Database Management , Officer you will
  • Add, update and maintain client profiles on various systems via direction from the Client Services Support Client On-boarding team.
  • Maintain client and broker lending/borrowing limits as reported by Custody groups and Client Services Support using various tools, including Excel Macros.
  • Ensure accuracy of client static data and account set up on transaction systems.
  • Assist with issue resolution around static data client set up within various applications for Securities Finance.
  • Interact with various groups including Client Services Support, Account Management, Operations, Trading, Legal and Compliance.
  • Maintain a high level of accuracy while producing timely work in a manual processing environment.
  • Daily oversight of GIC DBM team at State Street India.
  • Monitor Wall Street System settlement queues throughout the day and escalate any past value records.
  • Verify daily staff coverage for all tasks at the SSB India and escalate shortages.
  • Ensure accuracy of client static data and account set up on transaction systems by performing sample review of SSI's added and amended by GIC DBM team.
  • Ensure compliance with State Street FTTOP procedure by reviewing all Callbacks performed by the team.
  • Assist with issue resolution around static data set up within various applications for Foreign Exchange.
  • Interact with various groups including Client Services Support, Account Management, Operations, Trading, Legal and Compliance.
  • On a daily basis perform quality assurance checks (New accounts 10% validation check)
  • Ensure all reports are completed on time by GIC DBM team.

What We Value
Skills :
  • Ability to juggle multiple priorities and work under pressure.
  • Strong computer skills including competence in Excel, Access, front office input systems and other relevant applications.
  • Strong positive attitude, prepared to take initiative and seek responsibility. Proven record of achievement

Education & Preferred Qualifications
  • Bachelor's Degree and/or relevant experience in Business/Financial Services industry
  • 4-6 years of experience in the financial industry, preferably with a background in client onboarding or account opening
  • Securities Lending experience a plus
  • Must be able to work as part of a team to ensure all work is completed within designated timeframes
  • Must be able to multi-task and reprioritize as time critical issues arise
  • Strong attention to detail in a dynamic, fast-paced environment
  • Must demonstrate strong communication skills and a client service oriented attitude and interpersonal skills to support clients and issue resolution
  • Expert knowledge with Microsoft excel, Microsoft Access and SQL
  • Expert knowledge around identifying and creating process improvements

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
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