Portfolio Oversight and Control - Trade Administration, State Street Global Advisors, AVP
- Recruiter
- State Street Corporation
- Location
- London, United Kingdom
- Salary
- Competitive
- Posted
- 30 Jul 2022
- Closes
- 08 Aug 2022
- Ref
- 16117142
- Job Function
- Operations
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Who we are looking for
SSGA Portfolio Oversight and Control are a team of operations professionals with broad experience who provide integration support and daily oversight for the SSGA core outsourced middle and back office functions for the EMEA region, this role will focus on the trade administration aspects of the service delivery by our outsourced providers, working to ensure all aspects of trade capture, settlement and issue resolution are documented, understood and executed by both parties seamlessly for all asset classes.
Why this role is important to us
The team you will be joining is a part of State Street Global Advisors, one of the biggest asset managers in the world, that provides services to the world's governments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.
What you will be responsible for
As a Portfolio Oversight and Control Trade Administration AVP you will
• Contribute to the SSGA change agenda through partnering with other teams on projects and new business analysis so as clear direction can be provided on the scope and operational post trade execution requirements related to any new or existing SSGA business initiative
• Act as a point of escalation for the Traders and Portfolio Managers- address issues accordingly and suggest controls to enhance existing processes
• Communicate with brokers, custodians and vendors on a regular basis
• Keep abreast of market, index and regulatory changes and events
• Provide support for client requests as and when required
• Monitoring and reviewing critical metrics to ensure deliverables and service standards are met, building and maintaining Service Level Agreements with outsourced providers.
What we value
These skills will help you succeed in this role
Education & Preferred Qualifications
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.
Discover more at StateStreet.com/careers
SSGA Portfolio Oversight and Control are a team of operations professionals with broad experience who provide integration support and daily oversight for the SSGA core outsourced middle and back office functions for the EMEA region, this role will focus on the trade administration aspects of the service delivery by our outsourced providers, working to ensure all aspects of trade capture, settlement and issue resolution are documented, understood and executed by both parties seamlessly for all asset classes.
Why this role is important to us
The team you will be joining is a part of State Street Global Advisors, one of the biggest asset managers in the world, that provides services to the world's governments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.
What you will be responsible for
As a Portfolio Oversight and Control Trade Administration AVP you will
• Contribute to the SSGA change agenda through partnering with other teams on projects and new business analysis so as clear direction can be provided on the scope and operational post trade execution requirements related to any new or existing SSGA business initiative
• Act as a point of escalation for the Traders and Portfolio Managers- address issues accordingly and suggest controls to enhance existing processes
• Communicate with brokers, custodians and vendors on a regular basis
• Keep abreast of market, index and regulatory changes and events
• Provide support for client requests as and when required
• Monitoring and reviewing critical metrics to ensure deliverables and service standards are met, building and maintaining Service Level Agreements with outsourced providers.
What we value
These skills will help you succeed in this role
- You will have strong analytical skills and a positive organized approach to investigating queries and exceptions
- Excellent oral and written communication skills and willingness to communicate with colleagues at all levels of the organization.
- You have the ability to plan and run multiple priorities and tasks with the skills to adapt and be flexible to change in a delivery focused, deadline driven environment.
- You will be able to work confidently both independently and as part of a team.
- You understand investment markets and the settlement of securities. Understanding of product and fund valuation useful.
- Ability to build strong positive relationships with both internal and external clients.
- Willing to assume responsibility and take ownership of tasks assigned.
Education & Preferred Qualifications
- Degree qualified with a financial or analytical discipline preferred.
- Professional industry qualifications an advantage.
- Experience using Bloomberg, DTCC's ALERT & CTM, Global Link's GTSS and be capable using the Microsoft Office suite of applications (Word, Excel, PowerPoint). Previous experience using Tableau would also be beneficial.
- Experience from a Trade Support or Trade Administration background is a key advantage
- Exposure to both exchange traded and OTC products beneficial
- Project management experience an advantage.
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.
Discover more at StateStreet.com/careers