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State Street

Holds assets for institutions and runs index funds

Front Office Trading Services - EFC, Officer

Sales & TradingConfirmed live in the last 24 hours
Full-timeLondon, UKNo salary listed

About the Job

Requirements

  • A bachelor's degree or equivalent is required.
  • Two to five years of financial services industry experience, with exposure to secured lending, prime services, or agency lending, is required.
  • Strong analytical and problem-solving skills are required.
  • Very strong attention to detail is required.
  • Familiarity with Microsoft Office applications, including Word, Excel, Access, PowerPoint, and CoPilot, is required.
  • Strong communication, interpersonal, and relationship skills are required.
  • Ability to learn systems, processes, and new technical skills is valued.
  • Ability to work as part of a team and independently is required.
  • Ability to work under pressure and manage multiple priorities in a deadline-driven environment is required.

Responsibilities

  • Partner with Client Management and Sales & Trading to support financing transactions and post-trade lifecycle events across Prime Services and Secured Financing products.
  • Perform key financing activities, including returns, recalls, buy-ins, contract comparison, corporate actions, collateral-related inquiries, trade matching, novation processes, and settlement monitoring, to ensure timely and accurate execution.
  • Liaise with Front Office and Operations, proactively monitor daily processes, resolve breaks, manage escalations, and coordinate issue resolution across trading, operations, technology, finance, collateral risk, and external counterparties.
  • Monitor trade activity, settlements, and financing positions to identify exceptions, mitigate operational risk, and ensure transactions are properly booked, matched, novated, and settled within required market deadlines.
  • Assist with onboarding new borrower accounts by coordinating with internal stakeholders to facilitate account setup, trading readiness, and operational support requirements.
  • Respond to client, broker, and internal inquiries related to financing transactions, settlements, collateral discrepancies, position management, and other trade-related matters while providing client service.
  • Perform reconciliations and data quality reviews to ensure the accuracy and integrity of trade, position, collateral, and financing records, investigating and resolving discrepancies in a timely manner.
  • Assist with client and management reporting, including financing activity, collateral, fee and rebate, pledged collateral, exception management, and bespoke client reporting requests.
  • Partner with Trading desks to monitor financing inventory, borrows, loans, returns, and other financing activity to ensure adherence to settlement obligations and client commitments.
  • Identify opportunities to streamline workflows, enhance controls, improve data quality, and drive operational efficiencies through collaboration with Technology, Business Analysis, Operations, Credit Risk, Compliance, and other business partners.
  • Build and maintain working relationships with internal and external stakeholders to resolve issues, improve service delivery, and support business growth initiatives.
  • Adhere to business controls, policies, and operational procedures, ensuring risks are managed and regulatory, compliance, and governance requirements are met.
  • Perform other tasks assigned to support the Front Office Credit and Market Risk teams.

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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