Who we are looking forPrimary Responsibilities To be responsible for all aspects of operational management and oversight of Back Office Cash and Share Reconciliation for Transaction Services. The candidate will have direct oversight and responsibility to ensure cash and share recon breaks are eliminated in accordance with Senior Management Guidelines and establish root cause analysis to minimize reoccurring trends. In addition, the candidate will be providing a daily point of escalation for escalation and issue resolution. In depth understanding of Back Office Position Reconciliation and Operations is required as well as strong product knowledge and excellent relationship management skills.Why this role is important to usThe 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 forAs Core Operations, OfficerManage all aspects of the Back Office cash and share recon business for the Transaction Services including Accounting to Custody Reconciliations and potentially 3rd Party.Closely monitor escalation queries and facilitate accurate and timely responsesDrive forward global reconciliation directives. Particularly focused on root cause review and break eliminationDevelop and maintain relationships with key internal stakeholders including other business lines and corporate functionsThe development of our offshore partners, overseeing their growth and expansion creating a successful skilled workforceMaintain a detailed understanding of the lifecycle of a cash/security transaction.Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported.Adhere to the delegation and oversight (management information and escalation) framework in the performance of daily tasks. This includes taking proactive action to ensure there is adequate production of management information that is fits for purpose, and issues are raised as appropriateEstablish and monitor an effective oversight framework to ensure that issues are appropriately identified, escalated and resolved.Establish and nurture a culture of Risk Excellence within the team, encourage an environment of openness that welcomes effective challenge and supports open discussion.Ensure that you make reasonable decisions by exercising reasonable care when considering information available to you. This includes taking proactive action to ensure that the information you have is suitable and adequate.Ensure that the highest level of the Code of Conduct is displayed in your own and staff behaviorWhat we value These skills will help you succeed in this roleStrong critical thinking, problem solving, and decision making skillsStrong Accounting and custody operations experience withgood relationship management skills.Strong experience of interdepartmental communication and interaction at all levelsIdeally knowledge of Transaction Services Recon and Operating systems and processes experience.Ability to work in face paced environment.Education and Preferred QualificationsBachelors DegreeMin 2-3 years experienceKnowledge of State Street Operations Systems is requiredAdditional requirementsAbout State StreetWhat 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, were making our mark on the financial services industry. For more than two centuries, weve been he
