Collateral Management, Senior Associate

Are you a highly organized and detail-oriented individual with a strong understanding of financial markets? Are you looking for an opportunity to utilize your skills and expertise in a dynamic and fast-paced environment? State Street is seeking a Collateral Management, Senior Associate to join our team. In this role, you will play a critical role in managing the collateral for our clients and ensuring compliance with regulations and internal policies. We are looking for a candidate with a minimum of 3 years of experience in collateral management or a related field, a strong understanding of financial products and markets, and excellent communication and problem-solving skills. If you are a motivated and driven individual with a passion for the financial industry, we encourage you to apply for this exciting opportunity.

1. Manage collateral for clients: The primary responsibility of this role is to manage the collateral for our clients, including monitoring and reconciling collateral balances, performing margin calls, and ensuring timely and accurate processing of collateral transactions.
2. Ensure compliance with regulations and internal policies: The Senior Associate will be responsible for staying up-to-date with relevant regulations and internal policies related to collateral management and ensuring that all processes and procedures are in compliance.
3. Utilize strong understanding of financial markets: The ideal candidate for this role will possess a strong understanding of financial markets and products, including derivatives, securities lending, repurchase agreements, and other types of collateralized transactions.
4. Communicate effectively: The Senior Associate will be responsible for communicating with clients, internal teams, and external parties regarding collateral management activities and issues. This requires strong verbal and written communication skills.
5. Problem-solve and troubleshoot: This role will require the ability to identify and resolve issues related to collateral management in a timely and effective manner. The Senior Associate should be able to think critically and use their expertise to find solutions to complex problems.
6. Maintain organization and attention to detail: Collateral management involves handling large amounts of data and documents, so it is crucial that the Senior Associate is highly organized and pays close attention to detail to ensure accuracy and efficiency.
7. Collaborate with team members: The Senior Associate will work closely with other team members to ensure the smooth and efficient operation of the collateral management process. This requires the ability to collaborate and work well in a team environment.
8. Stay updated on industry developments: It is essential for the Senior Associate to stay informed about industry developments and changes in regulations and market trends that may impact collateral management processes.
9. Adhere to deadlines: This role involves working within strict timeframes, so it is important for the Senior Associate to have excellent time-management skills and the ability to prioritize tasks to meet deadlines.
10. Continuously improve processes: The Senior Associate should proactively identify

According to JobzMall, the average salary range for a Collateral Management, Senior Associate in Irvine, CA, USA is $80,000-$120,000 per year. However, this can vary depending on factors such as the specific company, years of experience, and education level.

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.