Agency Lending - Senior Associate

State Street — Bangalore, India

Who we are looking for: Looking for collateral management professional who understands the entire flow of stock lending process to ensure that collateral is delivered / received as per the terms and conditions agreed upon with our customers for in-scope of equity products. Why this role is important to us: The team you will be joining is a part of State Street Markets (SSM).When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM business unit. As our investment research and trading arm, SSM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world. The team you will be joining is a part of MFO (Markets and Financing Operations) which provides Agency and principal lending services to the biggest asset managers in the world (governments, institutions and financial advisors). Our array of offerings includes Custodial, Security financing (Lending/Borrowing) and post settlement services. Join us if making your mark in the capital markets industry from day one is a challenge you are up for. What you will be responsible for: As Agency Lending- Senior Associate, you will Daily activities include loan and loan processing, exposure management, mark to market reconciliations, executing cash movements, monitoring process exceptions throughout the day. Management of transactions/trades between State Street and the various 3rd party custodians. Ensuring all trades/trade instructions are settled/cancelled, and fix any breaks that occur between SS and custodians. Agrees daily collateral margin, coordinates instructions to deliver/receive collateral with brokers and reconciles daily net cash movements for. Completes daily EOD balancing, KPI checks ensuring market activity is correctly reflected in the firm’s books and records (DML). Assist in driving various firm and team initiati

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