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State Street

Holds assets for institutions and runs index funds

Global Treasury Operations - Officer

TreasuryConfirmed live in the last 24 hours
Full-timeNo salary listedIn-person

About the Job

Requirements

  • Extensive knowledge and experience with securities, settlements, rates, treasury products, and related financial attributes.
  • Strong risk mitigation, problem-solving, and decision-making skills.
  • Ability to think critically and resolve complex problems.
  • Front-to-back knowledge of Treasury product confirmations, settlements, systems, markets, and instruments.
  • Hands-on experience managing FICC, NSCC, Repo, reverse Repo, DTC, and Federal Reserve settlements.
  • Working knowledge of Settlement/Payment departments and the payment lifecycle.
  • Familiarity with Markitwire, Summit, In-trader, MCH, Hogan, IBS, Bloomberg, FXALL, and SWIFT.
  • Good knowledge of back-office confirmations and settlement.
  • Knowledge of global markets, custody, cash management, and payment systems.
  • Good written and oral communication skills.
  • 10+ years of experience in Treasury, investment operations, or the financial services industry.
  • Knowledge of macros, artificial intelligence, and automation tools.

Responsibilities

  • Execute Global Treasury investment portfolio and/or liability management workflows, and support Funding and Collateral Transformation products in line with market deadlines and internal service-level agreements.
  • Work independently to accomplish assigned responsibilities while supporting client service and the organization's risk excellence culture.
  • Work closely with business, functional, business risk, compliance, and technology teams on day-to-day operations.
  • Drive the function's transformation, including operating model changes and new technology infrastructure, while maintaining business-as-usual service.
  • Liaise with front office, compliance, finance, claims, and information technology teams to support the full trade lifecycle.
  • Represent Markets in initiatives such as ISO 20022, T+1, and other bank-wide programs.
  • Provide trade support to Global Treasury Asset Management and Liability Management teams.
  • Participate in the Peer Repo project and its implementation.
  • Monitor exception reports and provide insight into their resolution.
  • Monitor derivative and investment portfolio valuations and report exceptions.
  • Investigate reconciliation variances and perform root-cause analysis.
  • Provide trade support and static-data setup for the Funding and Collateral Transformation team.
  • Monitor and perform collateral management in accordance with approved policies and procedures.
  • Help junior team members through subject-matter expertise, training, and explanations of core business operations.
  • Propose and implement workflow changes to improve productivity.
  • Work with the business and Global Treasury stakeholders to provide information and operational solutions.
  • Update job aids and procedures and ensure the team follows adopted processes.
  • Support the risk excellence culture within the business.
  • Execute funds and securities transfers for Repo and reverse Repo activities.
  • Perform or approve cash and general-ledger processing.
  • Take a subject-matter-expert leadership role in broader projects.
  • Prepare key risk indicator, operating metrics, and other team-level reports.
  • Strengthen controls and risk culture across global teams to ensure processes are robust and compliant.
  • Partner with Technology and Markets Operations to deliver an end-to-end workflow solution, remove manual touchpoints, and increase straight-through processing.
  • Support applicable Change the Bank and Run the Bank projects from inception, providing subject-matter expertise, testing, and production monitoring.
  • Oversee vendors and hold them accountable for delivery standards.
  • Monitor regulatory and market changes and ensure adherence without affecting service standards.
  • Partner with enterprise risk management and compliance colleagues globally to support operational resilience strategy and control assurance.
  • Support audits and ensure adherence to operational risk and compliance policies.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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