OTC Pricing - Officer

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Why this role is important to us

The candidate will be responsible for accurately administering domestic and foreign derivatives, including but not limited to swaps and options. This individual resolves data quality issues through interaction with other internal and external parties. The individual acts as a resource within the assigned business unit to support transactions in accordance with established procedures. This individual performs various daily tasks within the business unit as necessary to support routines.

Responsibilities

Administer all derivative trades in investment accounting system and OTC platform accurately and timely.

Support calculation, confirmation, audits, and controls surrounding OTC Derivatives.

Solid understanding of OTC swaps products is preferred.

Solid understanding of the swap life cycle is preferred.

Complete various position and payment reconciliations.

Adhere to established operating, risk, and compliance controls and standard operating procedures.

Elevate areas of potential loss / exposure immediately and include supporting documentation.

Knowledge of downstream effects and economic impact of the different types of derivatives.

Qualifications

Bachelor's Degree with emphasis in accounting, finance, or economics preferred.

Proven negotiation and influencing skills.

Demonstrated creative problem-solving skills.

Excellent communication skills, including expressing complex ideas and concepts.

Computer proficient, including spreadsheet and database. Advanced Visual Basic and / or SharePoint experience a plus.

Salary Range :

$60,000 - $90,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes : our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https : / / hrportal.ehr.com / statestreet / Home.

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

Job Application Disclosure :

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

]]>