Security Finance

CVX24; Greater London; On-site; GBP 40,000 - GBP 55,000; Full time

Job summary

A leading financial services provider is seeking an Associate in the Security Finance team. You will process corporate actions, execute cash movements, and analyze operational risks. The ideal candidate will have a university degree in finance and relevant experience in corporate actions and trade settlements. Responsibilities include reviewing contracts, ensuring compliance, and providing insightful reports. Flexibility for US shifts is required, with competitive benefits and development support offered.

Benefits

Medical care

Insurance

Savings plans

Flexible work programs

Educational support

Qualifications

• 1+ years of experience in Processing Corporate Actions and Trade Settlements.
• Flexibility to work US shifts (6:30 PM - 3:30 AM IST).
• Certifications like NSE Certification in Financial Markets (NCFM) or NSE Certified Capital Market Professional (NCCMP) preferred.

Responsibilities

• Process high volumes of Corporate Action events daily.
• Execute cash movements and confirm money transactions.
• Analyze operational risks and recommend procedural changes.

Skills

Knowledge of Agency/Principal Security lending

Capital markets expertise

Equities knowledge

Effective communication

Organizational skills

Advanced MS Excel skills

Education

University degree in Accounting, Finance or related

Tools

Equilend

Prium

MCH

DTC

Job description

Job Description

As an Associate in the Security Finance team at State Street, you will play a crucial role in the investment banking sector by understanding the Principal lending business and having experience in the Corporate Action process. Your responsibilities will involve processing high volumes of Corporate Action events daily, executing cash movements, interacting with traders and counterparts, confirming money movements, reviewing contracts, and resolving counterparty issues promptly. You will also be analyzing operational risks, recommending procedural changes, and providing critical reports to relevant parties.

To succeed in this role, you should possess strong knowledge of Agency/Principal Security lending business, Capital markets, and Equities. Effective communication, interpersonal, organizational, and time management skills are crucial. Being deadline and detail-oriented, having advanced knowledge of MS Excel, and being flexible to work in the US shift (6:30 PM - 3:30 AM IST) are essential requirements. The ideal candidate will have a University degree in Business majoring in Accounting, Finance, or other Financial-related programs, with at least 1+ years of experience in Processing Corporate Actions and Trade Settlements in NA/EMEA markets. Knowledge of Investment Banking, Agency/Principal Lending, Custodial Services, and Financial Markets is a must. Certifications like NSE Certification in Financial Markets (NCFM) or NSE Certified Capital Market Professional (NCCMP) would be advantageous. Exposure to Equilend, Prium, MCH, and DTC is considered a good-to-have secondary skill.

You will be working the shift timing of 6:30 PM - 3:30 AM at the work location in Mumbai. State Street, as one of the largest custodian banks, asset managers, and asset intelligence companies globally, is committed to creating a great work environment for its employees. The company offers competitive benefits packages, including medical care, insurance, savings plans, and flexible work programs. Development programs and educational support are also provided to help employees reach their full potential.

State Street is an equal opportunity and affirmative action employer.

About the Company

State Street Corporation is a leading provider of financial services to institutional investors worldwide. With a presence in London, United Kingdom, and a workforce of 39,000 employees, State Street is involved in Investment Banking and M&A activities.