Payments, Senior Associate

Who we are looking for

This is an excellent opportunity to work within an operational team responsible for processing international cash payment transactions. Responsibilities include effectively managing daily GBP activity between State Street and the UK Market (Via CHAPS), providing Network Controller coverage to the domestic USD market, monitoring & processing all international payment queues for last touch cash, exception management, processing cancelation & amendment instructions and any other payment related functions supported by Global Delivery - Payments.

Why this role is important to us

The team you will be joining is a part of State Street Global Delivery (SSGD). SSGD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGD’s tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Payments, Senior Associate you will

• Manage day to day GBP payment flows and balances through the UK CHAPS scheme
• Participate in mandatory market/industry testing throughout the year
• Become an SME for Complex queries
• Assist the team manager in leading Payment Industry Testing and other team tasks as required.
• Support junior staff with assistance, training and buddying as required. 
• Provide US Network Controller coverage for the domestic USD Market
• Monitor & process all activity in a variety of payment queues and systems accurately, timely and by currency deadlines
• Efficiently assist internal and external clients with complex research, queries and issues
• Ensure errors and exposure to financial loss are minimized
• Be aware of all business continuity plans and escalate issues that could involve invoking of contingency procedures to the supervisor
• Support the effective functioning of the global team and the transition of workflow between different geographical locations

What we value

These skills will help you succeed in this role

• Experience in a banking role is preferred
• Previous experience of working within a CHAPS clearing environment highly advantageous
• Overall knowledge of cash related financial services products
• Proficient in the use of Microsoft Office applications, particularly Microsoft excel
• Flexibility in working hours (required)

Education & Preferred Qualifications

• No specific requirements as full training will be provided

Additional requirements

• Ability to work under pressure and in a deadline driven environment
• Ability to work accurately and with attention to detail
• Ability to work as part of a busy team
• Ability to multi-task

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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