Skip to content
CV Rocket
Get started
How it worksThe enginePricingBlogContactSign in

Open nowPosted today

Collateral Management - Officer

State Street1,175 open roles

Where
Bangalore, India
Get the CV for this job

From $25 per CV, paid once. No subscription.

Your applicationOpen nowCollateral Management - OfficerState Street · Bangalore, India

  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on State Street's own form.

The reply lands in your private mailbox

3×more interviews than doing it yourself with ChatGPT.

The clock on this job

Early applications get read.

13.5% of postings close within 7 days. Measured by our own scanner across the market. State Street postings stay open a median of 29 days.

Share of postings closed within
  1. 2.3%1 day
  2. 4.6%3 days
  3. 13.5%7 days
  4. 21.8%14 days
  5. 36.6%30 days
  6. 58.9%60 days
This job: posted today

State Street median: 29 days open

The posting

Job Description

Who we are looking for:

We are looking for a candidate with deep experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties. Should have knowledge in the end to end functions including Onboarding activities ideally.

Why this role is important to us:

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 India ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed. The critical onboarding process is particularly important.

What you will be responsible for: As Officer you will:

  • End to End Margin call processing - Process daily margin calls daily for all agreed clients, who will include banks and fund clients and both cash and security margin calls.
  • Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations
  • Fails investigation - Checking the cash non-receipt reports and the custody settlement system (MCH) and initiating correspondence with the client
  • Reporting - Generate a variety of reports, which includes client and internal reporting from an access database and Protocol.
  • Portfolio reconciliations - Completing any daily or ad hoc manual portfolio reconciliations.
  • Interest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.
  • Ensure that the team meets accuracy and timeliness criteria.
  • Carry out responsibilities fairly and impartially; create and maintain an engaged work environment.
  • Assist in developing and implementing new workflow approaches and methods as well as system enhancements
  • Collaborate with internal and external groups to identify, analyze and proactively resolve issues
  • Be the key point of contact for internal/external clients in a most agile manner
  • Provide inputs into hire, discipline, control work and terminate employment for direct reports and broader team as needed
  • Provide inputs to promote, increase salary and bonus for direct reports and broader team as needed
  • Provide coaching and development opportunities to staff
  • Manage Performance Priorities and development plans
  • Ensure SOPs/Job Aides/regulations are met and escalate as needed
  • Comprehensive and demonstrated knowledge of overall process and operating model. Understand how Onboarding impacts OPS deliverables and plan to create an error free environment.
  • Identify all risk issues, breaches and suspicious transactions and acts in accordance with the 'risk' escalation chain and operating procedures
  • Execute on the risk framework changes and/or escalation chain changes. Ensure all Key controls are identified, implemented and adhered to
  • Perform related duties as assigned (Projects - India and Global)
  • Provide back and coverage as required across EMEA/NA shift

What we value:

  • These skills will help you succeed in this role:
  • Communicates effectively and accurately in English - experience in facing clients
  • Strong leadership, management, and organizational skills
  • Ability to work under pressure and to tight deadlines
  • Ability to work on own initiative and proactive
  • Very good management skills
  • Self- motivated, flexible, personable
  • Good interpersonal skills and an understanding of the rudimentary aspects of the global financial industry and also to Collateral Management would be advantageous

Education & Preferred Qualifications:

  • Graduate and above preferably in Finance
  • B.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce

Additional requirements:

  • Experience on Colline platform is a must
  • Knowledge on Macros, SQL & MS Access Database queries

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

From $25, paid onceGet the CV for this job

What happens when you press

One press. We do the rest.

  1. A CV for this posting

    Written against State Street's own wording, from every piece of relevant proof in your profile.

  2. 25 readers review it

    Recruiter, hiring manager, skeptic and more read every draft, round after round. You get the best round.

    The review screen in CV Rocket: how each CV was read, round by round.

  3. We apply on State Street's form

    Our application engine gets through the hardest forms there are. Where a question needs you, AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

    An application in CV Rocket: every answer filled in on the employer's form.

  4. Every reply, sorted

    State Street's answer lands in your private mailbox, and we classify it on arrival: interview, question, rejection.

    The CV Rocket inbox: each employer reply classified as an interview, an action or a rejection.

  5. Reply with AI

    AI helps you write the email, checks it and sends it. We show you whether the recruiter read it.

  6. The interview in your calendar

    Full integration with your calendar. The invitation goes straight in.

    An interview invitation in the CV Rocket inbox, added to the candidate's calendar.
Get the CV for this job

From $25 per CV, paid once. No subscription.

Why it works

3×

more interviews than doing it yourself with ChatGPT.

ChatGPT writes a CV and never learns what happened to it. We see every reply. For each CV we know:

  • How it was written, and how the review scored it
  • When we applied, and how long after the posting went up
  • Which posting, which company, which city
  • Who got the interview, and who heard nothing

That is how we know which CVs get called.

Get the CV for this job

From $25 per CV, paid once. No subscription.

The numbers game

More applications. More interviews.

Every application goes out with its own CV, written for that posting and paid once. Send enough of them and the law of large numbers finds you the job.

Get the CV for this job
By hand5–10
With CV Rocket100
applications a day

Nearby

Live postings like this one

Same employer first, then the same role elsewhere.

Before you press

Straight answers

Get the CV for this job

From $25 per CV, paid once. No subscription.

What if my background isn't good enough?

We make the most of the background you have. The CV uses every piece of relevant proof your profile holds, and one of the 25 readers reads your whole profile and flags what the CV left out.

Do you really apply for me?

Yes, on the employer's own form, the hardest ones included. Where a question needs you, you answer it right there and AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

Is it a subscription?

No. You pay once per CV, from $25. Every application goes out with its own CV, written for that posting.

One job. One CV.
Paid once.

Pick the posting you want. We write for it, apply for you and catch the reply.

Get the CV for this job

From $25 per CV, paid once. No subscription.