Market Operations Analyst, Officer – ON-SITE

State Street
  • London
  • Post Date: January 9, 2025
    • 38536
  • Applications 0
  • Views 0
Job Overview

logoWho we are looking for –

This Person Will Be Responsible For

Ensuring the timely matching, confirmation, and settlement of a wide range of products including but not limited to Fixed Income, Equities, Futures & Options, Derivatives and Repos.Collateral Management for Variation and Regulatory Initial margin calls utilising AcadiaSoft.Confirmation and settlement of future cash flows associated with the different products.Investigation and resolution of failed trades and cash breaks.Key liaison for custodians, dealers, brokers, and front office in relation to booking and settlement issues.Setting up securities static in the operations system (Dimension).Supporting with supervisory tasks for the daily activities of the team. Performing secondary checks on tasks carried out by Associates.Instructing the setup of new trading counterparties in the operations system (Dimension).Relationship management; build and maintain relationships with both internal and external stakeholders; build working relationships with custodial teams, brokers, and counterparties.Assessing current processes with a view to making changes to increasing efficiency, reducing risk and improving delivery to stakeholders.Participation in broker/counterparty service reviews.Active participation in cross training and up skilling.Working on assigned projects relating to the wider Market Operations team.Group inbox management – ensure ad-hoc queries from internal and external clients are answered within required timeframe.Working closely with our Market Operations team in Sydney, fostering a culture of strong communication and collaboration between the two teams.

The Business Environment

The Market Operations Senior Associate will be expected to rotate through the various streams, gaining experience and exposure to all areas of Market Operations. Challenger and its various businesses invest globally in a wide range of products, some market standard and some bespoke structured investments. These include (but are not limited to); equities, fixed income, futures and listed options, FX, OTC derivatives (IRS, CCS, TRS, OTC Options).

Level Responsibilities

What you will be responsible for –

Support Team Leaders and Associates to ensure all work done each day.Back-up coverage for team leaders as required.Escalate issues to management in a timely manner.Writing of any incident reports (first draft).Completion of checklist items as and when they are done.Testing as required for new modules, systems, enhancements, BCP, etc.Escalation to manager where checklists do not represent all procedures or where procedures are not covered by a checklist item.Act as a subject matter expert on functions in the team.Act as a mentor for junior team members.All mandatory training completed.Ownership of career aspirations, including discussion with manager to gain support.Training as required to carry out duties in the role. This includes minimum hours per year as set and agreed with manager.Adherence to Challenger values.

Challenger Limited is an ASX-listed investment management firm managing $110 billion in assets (as of 30 June 2021). Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement.

We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed. We value inclusion and diversity of thought, promote flexible working practices so our people can integrate their work and personal lives, and are proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality.

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 organisation 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

State Street’s Speak Up Line

Job ID: R-765632

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