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Alternative Ops Derivatives & Collateral Management, Associate 2

AT State Street
State Street

Alternative Ops Derivatives & Collateral Management, Associate 2

Hangzhou, China

Who we are looking for:

This is a processor role as part of the Derivative implementation team (non BAU work type) for new business into Statestreet as well as process enhancement. We expect a quick learner with positive attitude and willing to work under pressure with flexible working hours as the projects need. Knowledge in the Derivative processing systems and ETD/OTC products will be an advantage while English needs to be fluent in general Statestreet communications standard.

What you will be responsible for:

As Derivative implementation Specialist you will:

  • Take part in various client onboarding / new fund setup process in the ETD/OTC work space
  • Be the primary tester for various different type of ETD/OTC products which includes understanding of the product, testing criteria, processing of testing trades, investigation of result reports against expected results as well as testing report write up
  • Issue resolving for system / report related business cases
  • Take part in projects of enhancement for current client / funds
  • Be the subject matter expert for ETD/OTC products with responsibility of cross training and coaching for other staff in SS

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What we value:

These skills will help you succeed in this role:

  • Quick Learner
  • Good Time Management Skills
  • Detailed Orientated Mindset
  • Critical Thinking

Education & Preferred Qualifications:

  • University Degree or above
  • < 1 year of financial industry working experience or above >
  • Derivative knowledge / working experience will be an advantage
  • Fluent English

Additional requirements:

Cyclical / flexible work time maybe needed depends on project need

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

State Street's Speak Up Line

Client-provided location(s): Hangzhou, Zhejiang, China
Job ID: StateStreet-R-761003
Employment Type: Full Time