Middle Office Administrator, Associate 1
State Street
Middle Office Administrator, Associate 1
State Street
full-time
Posted on:
Location Type: Office
Location: Krakow • 🇵🇱 Poland
Visit company websiteJob Level
JuniorMid-Level
Tech Stack
Swift
About the role
- Responsible for Cash & Collateral Management
- Calculate all collateral movements required in accordance with the terms specified in the ISDA, PSA and ISMA agreements, as received by IFS
- Direct and monitor cash and collateral payments for trade settlements
- Support Supervisor in ensuring client issues are highlighted and escalated when necessary
- Ensure all daily counterpart statements are received and reviewed by the Team
- Interact on a daily basis with external parties i.e. clients and ISDA counterparts
- Identify trade, Independence Amounts (IA) and collateral balance breaks with counterparties
- Ensure all agreed collateral moves are completed, with the appropriate systems updated as record
- Ensure Detailed Checklist is complete
- Identify any unusual or potentially suspicious transaction activity and report and/or escalate accordingly
- Verify end of day process is completed
- Highlight, escalate and report all issues to the client representative in Ireland pertaining to client service
- Ensure daily correspondence with the Ireland Office to keep the Operations Manager up to date with relevant issues
Requirements
- Strong experience with Investment banking
- Strong financial knowledge with Financial background
- Very good English
- Strong analytical skills
- IT Literate
- A knowledge of OTC product types, collateral, cash and treasury related requirements
- Knowledge of processing functions: Cash moves (SWIFT)
- Good understanding of currency settlement and other applicable deadlines
- Degree in Accounting or Finance or Business-related area
Benefits
- Permanent contract from day one
- Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
- Gold medical package for employees and their families (partner and children)
- Premium life insurance package and private pension plan
- Wide range of soft skills training, technical workshops, language classes and development programs
- Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
- Variety of well-being programs
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
cash managementcollateral managementfinancial analysisOTC product knowledgecash movescurrency settlementtrade settlementISDA agreementsPSA agreementsISMA agreements
Soft skills
analytical skillscommunicationproblem-solvingclient serviceescalation managementteam collaborationattention to detailinterpersonal skillsorganizational skillsreporting
Certifications
degree in Accountingdegree in Financedegree in Business