statestreet
Alpha Operations – Collateral Management Senior Specialist, Officer
Job description
Purpose of Role
Collateral management main focus is to reduce credit risk by exchanging eligible cash or securities between counterparties. The daily calculations are based on MTM of the underlying trades and results in sending Margin Calls, which in turn lead to agreeing transfers. Based on the agreements between our clients and the counterparties the Collateral team in Kraków ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed.
Specific Duties
- Carry out daily responsibilities independently with minimal guidance and supervision
- Hold self and/or others accountable for achieving agreed deadlines, or milestones.
- Independently resolve problems
- Clearly communicate complex operational or technical subjects to internal or external clients, both in formal and informal fashion
- Communicate effectively, both verbally and in writing
- Mature and professional conduct
- Lead others in generating solutions that represent the groups' best collective thinking
- Support and motivate others to reach goals
- Utilize diverse workforce and talent to attain individual, team, and department goals
- Show a positive attitude
- Manage projects
- Collaborate with internal and external groups to identify, analyze and proactively resolve issues
- Key point of contact for internal/external clients
- Provide coaching and development opportunities to staff
- Ensure SOPs/regulations are met; escalate as needed
- Identify all risk issues, breaches and suspicious transactions and act in accordance with the 'risk' escalation chain and operating procedures
Work Parameters Or Boundaries
- Internal procedures and regulations
- Internal Service Level Agreements
- FSA, EMIR Regulations
- Key Performance Indicators – timeliness and accuracy
- Capacity goals
- Job Expectations and Priorities
Specific Qualifications / Skills
- Numeracy / Literacy skills
- Confident in dealing with all situations
- Excellent Communication
- Organisational and Report Writing skills
- Proficient in the use of MS Office tools
- Provide outstanding service to all client/s - internally & externally
- Communicate effectively at all levels within the organization
- Display organizational insight & influence
- Foster collaboration & team work
- Communicate effectively and accurately in English
- Strong organizational skills
- Ability to work under pressure and to tight deadlines
- Ability to work on own initiative
- Self- motivated, flexible
Level Of Education
Degree in Accounting or Finance or Business related area.
ACCA/CIMA/ACA/CPA qualified or part qualified an advantage.
Previous Level Of Experience
Minimum 4 years of related experience.
Work Environment
- As relates to Employee’s job related task and duties Employee is responsible towards his direct Superior.
- All issues with which Employee turns to the one level up Manager should have been discussed with his direct Superior.
- Employee has the right to appeal from every decision of his direct Superior to the one level up Manager.
Employee’s responsibility rules
- Employee is made accountable for all his job duties and State Street’s property entrusted to him.
- Employee's responsibility concerns at equal degree entrusted duties, decisions taken and the initiative required at the given position.
- Employee is responsible at equal degree for decisions taken and not taken when the situation requires that.
- Employee commits not to disclose any information that might be considered as confidential for the Employer.
- Employee is obliged to comply with all regulations and procedures concerning Health and Safety, environmental protection and company's directions in this domain.
- Employee does his best to make the work environment and culture safe for him and his colleagues.
Minimum Salary
zł132,000 Annual
The minimum salary quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of this primary location, the applicable minimum salary may differ.
Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.
In addition to salary, employees are eligible to be considered for discretionary annual performance-based awards.
We Offer
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Permanent contract from day one
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Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
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Gold Medical Package for employees and their families (partner and children)
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Premium life insurance package and private pension plan
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Wide range of soft skills training, technical workshops, language classes and development programs
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Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
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Variety of well-being programs
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Additional benefits available depending on the seniority of the role
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
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.
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