Derivatives Officer

Job title:

Derivatives Officer

Company

State Street

Job description

Who are we looking for?An ambitious individual who will be responsible for overviewing and providing financial derivatives processes for Derivatives Centre of Excellence.
In the OTC Business Analyst’s role, you will be supervising services provided by the business groups headed by Derivatives Managers, ensuring operational projects administration and execution, as well as identification of potential risk areas. To succeed in the function, you need to possess strong analytical and client servicing skills accompanied by relevant asset management industry experience.Your new roleAs an OTC Business Analyst, Officer you will be responsible for:

• Providing support Global COE business teams in a variety of client and business strategic initiatives.
• Ensuring detailed governance is applied and documented on all initiatives.
• Applying best practice in communication and escalation of any items identified through the initiative lifecycle.
• Working with department management to ensure the team has the right resources, including staff, IT, financial and oversight functions to operate effectively.
• Ensuring that the business operates in compliance with internal and external regulations and that escalation procedures are followed.
• Working as a team in conducting periodic business reviews ensuring associated risks are identified and managed and appropriate remedial action is taken where appropriate.
• Developing and maintaining cross-departmental and divisional relationships to better facilitate the assignment and resolution of departmental issues.
• Carrying out assignments under self-direction and creatively overcomes roadblocks
• Developing or implementing needed solutions without waiting for direction or leadership role to be assigned
• Representing department and teams in cross-departmental or cross-divisional meetings.
• Developing and building up a strong relationship with internal and external clients.
• Clearly communicating complex operational or technical subjects to internal or external clients, both in formal and informal settings.
• Building awareness of activities, costs, budget impacting factors and schedules
• Demonstrating maturity, professional conduct and common courtesy while interacting with superiors, colleagues and external clients
• Recommending changes in guidelines, procedure, and policies: faulty decisions or failure to achieve results will cause delays and result in additional expenditure of time, human resources, and funds.

What we valueEducation & Preferred Qualifications

• 3+ years working in the provision of fund administration services or have worked in another aspect of the Financial Services Industry for a number of years
• Working knowledge of OTC Derivative products
• Proficiency in DHUB application
• Well-developed reporting skills, proficient command of MS Office tools including MS Word and MS Excel
• Excellent English language communication skills
• Primary Degree or a Professional or Accounting qualification or equivalent is nice to have

These skills and competencies will help you succeed in this role

• Exercise sound judgment in all matters
• Leverage knowledge and technology to ensure optimal results
• Drive execution of all client and business-related tasks
• Provide outstanding service to all client/s – internally & externally
• Communicate effectively at all levels within the organization
• Display organizational insight & influence
• Foster collaboration & teamwork

What we offer

• Permanent contract of employment 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
• Employee savings plan
• Cafeteria benefit system including Multisport Card
• 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
• Technical or leadership career pathway

About State StreetWhat we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our 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.Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.State Street is an equal opportunity and affirmative action employer.Discover more at StateStreet.com/careers

Expected salary

Location

Dublin

Job date

Wed, 15 Jan 2025 05:24:39 GMT

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