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About the Role
This role is responsible for processing transactions, ensuring timely and accurate settlement/payment of funds on assigned branch accounts in accordance with corporate risk policy and standard operating procedures. You will be part of State Street Global Services (SSGS), which provides essential financial tools to asset owners and managers.
Responsibilities
- Monitor and process all activity in MTS, BESS, Rightfax, Holding File and IBS MT queues accurately, timely and by agent bank deadlines.
- Ensure all assigned queues are cleared to meet established deadlines.
- Ensure full understanding and adherence to corporate risk policy and standard operating procedures.
- Make suggestions for workflow and process improvements to the benefit of State Street and our clients.
- Identify and proactively escalate any potential trend of corrections in a timely manner.
- Ensure errors are minimized; SSBT’s exposure to financial loss is minimized, and provide process improvement ideas.
- Interact constructively with clients, peers and management, participating in staff meetings.
- Report any suspicious transactions to Team Leaders or Senior Officers within Payment Services.
- Support the effective functioning of the department and the transition of workflow between different Geographical locations.
- Performs other duties as specified by Management.
Requirements
- Minimum of 1 year relevant experience
Skills
- Knowledge in Cash Payment / Treasury Operations
- Knowledge in SWIFT message format
- Understanding of information technology and payment systems including MS office, SWIFT, RTGS and CLS
- Good interpersonal, organizational, communications and time management skills
- Detail oriented and ability to meet deadlines
- Good command of both written and spoken English
Location
- State Street
Work Type
- Full-time
Experience Level
- Minimum of 1 year relevant experience
Education Level
- Degree holder in business studies is preferred but candidate with diploma or some relevant experience in the industry would be considered
Salary/Compensations
- $45,000 - $67,500 Annual
Benefits
- Competitive and comprehensive benefits packages
- Generous medical care, insurance and savings plans
- Flexible Work Programs
- Development programs and educational support
- Inclusive development opportunities
- Flexible work-life support
- Paid volunteer days
- Vibrant employee networks
About the Company
- State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world.
- We are making our mark on the financial services industry through technology and product innovation.
- For over two centuries, we have helped 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.
- We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential.
- We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
Equal Opportunity
- State Street is an equal opportunity and affirmative action employer.
- As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.