FX Operations Associate 2

Who we are looking for:

The Operations Specialist ensures timely and accurate FX/MM payments, local regulatory reporting, and coordination with counterparties, overseas SSBT Operations, and Seoul FX Dealers.

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 <Associate 2> you will:

·           Payment for FX/MM transactions & Collateral margin process

·           Confirm with direct clients for new transactions and settlement

·           Monitoring KRW in/out cash movements and reconcile EOD balance at BOK

·           Prepare RFI KRW settlement

·          Monitoring/Following up on outstanding confirmations/deal discrepancies

·          Communicate with India Collateral Ops and clients for collateral margin

·          Preform the KSD processing for collateral margin

·          Reconcile the MSB in KSD vs Collateral Manager

·          Monitor the Holdover report and investigate for any unmatched

·          Provide KRW / USD balance

·          Monitor the RFI DDA KRW balance & EAI DDA balance

·          Monitor the clients reports

·          Prepare FX related regulatory reports periodically.

·          Keep records/files related to FX/MM transactions and reports in appropriate manner

What we value:

These skills will help you succeed in this role:

·          At least  2 years of relevant experience preferred.

·          Strong interpersonal, organizational and communications skills.

·          Ability to develop and maintain business relationships within location, region, division and across company.

·          Ability to balance global, regional and location-specific priorities.

Education & Preferred Qualifications:

·          General B.A degree required.

·          Good English writing and communication skill required.

·          Excellent MS skills (Excel/Word/Power Point) preferred.

Additional requirements:

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.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective 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 the 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 program 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

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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