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Senior Product Administrator, Associate 2

Posted on Mar 16, 2019 by State Street UK

Kraków, Kraków Poland
13 Mar 2019
Annual Salary
Team Function:
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 Kraków ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed.

Job Responsibilities:
  • Ensure that all assigned tasks are processed accurately and are completed in a timely manner
  • Answer margin calls and queries from different departments
  • Reconcile collateral balances, investigate and solve discrepancies; be a main point of contact/ escalations
  • Review and document process flows/procedures and contribute new ideas/procedures to further streamline the operational process
  • Involve in departmental ad-hoc projects
  • Involve in the training and development of other team members
  • Prepare and review monthly internal and external statistics
  • Demonstrate risk excellence by escalation through proper channels of communication any doubt, potential risk or audit issue
  • Support on-boarding of new processes, clients etc
  • Support for team leader; prepare and plan workload

Job Qualifications:
  • Graduates of the Universities
  • Experience in a commercial environment such as banking, custody, insurance, mortgage banking, financial services
  • Numeracy skills; attention to details
  • Accuracy and ability to work with tight deadlines
  • Very good knowledge of MS Excel and Outlook; Power Point and Word will be an advantage
  • Understanding of financial markets basics
  • Good command of English; effective communication
  • Ability to collaborate and teamwork; organizational skills
  • Knowledge of OTC markets/ derivatives instruments/ custody or VBA would be an advantage
  • Self-motivated and enthusiastic, flexible

We offer:
  • Employee savings plan
  • Premium life insurance package
  • VIP medical package
  • International operating environment
  • Language classes
  • Soft skills trainings
  • Technical workshops
  • Development sessions with a mentor
  • Diversity of opportunities across a range of challenging and highly complex activities
  • Technical or leadership career pathway

Reference: 671581256