PMG,Sr Associate PMG,Sr Associate …

State Street Corporation
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
State Street Corporation
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
State Street Corporation
PMG,Sr Associate
The main function of the role is calculating and attributing performance of a fund against the benchmark by the defined business day and helping the fellow team members achieve a common goal.

Responsibilities & Tasks Include:
  • Auditing assigned portfolios/funds on a daily/weekly and monthly basis.
  • Performing various checks such as security level checks, cash derivative return checks, zero out control reports, account return compare and checking such other various control reports.
  • Capturing any data issues, fixing of issues and escalation.
  • Provide standard and non-standard attribution.
  • Sanity check of monthly/quarterly/YTD/3-5 Years/Since Inception returns.
  • Liaison with upstream and downstream teams and on-time resolution of issues.
  • On-time submission of the performance and characteristics reports along with tracking error decomposition reports.
  • Follow up on issues until closure.
  • Documentation of the process and procedures from time to time.
  • Respond to any fund specific queries allocated to the analyst and the team.
  • Accountable and Responsible for working on any projects assigned to the team.
  • Accountable and Responsible consolidating data for status update calls and emails.
  • Accountable and Responsible for process documentation as and when needed.
  • Training, on-boarding and mentoring new joiners into the team.
  • Responsible for production of junior and senior analysts group as assigned by the team lead.
  • Responsible for adhoc reporting requirements.
  • Ensure that the Daily/Weekly/Monthly reports have been delivered.
  • Monthly checks for the team such as un-classified holdings check, new business events etc.
  • First point of contact on subject matter questions.
  • Actively check for funds pending closures, CRX failures and Escalate accordingly.
  • Should keep the TL/AM informed on any facilities, operations and people management issues and concerns.

Education and Experience
  • Post Graduate, preferably an MBA in Finance from a reputed institute.
  • CIPM/CFA/Financial industry related certification is an added advantage.
  • Experienced candidate with 5 - 7 year post-graduation experience in State Street Investment Services.
  • Experience in Performance Measurement will be an added advantage.

Other Personality Attributes Required
  • Team player and ability to multi task.
  • Proven ability to work accurately and independently.
  • Proven ability to prioritize work to meet/exceed deadlines.
  • Good with people.
  • High emotional quotient.

Skills/ Knowledge
  • Good understanding of Equity, Fixed Income and Derivative instruments.
  • Knowledge of Investment Management industry.
  • Knowledge of security analysis and portfolio management, stock exchange markets, financial markets, dividends, trading and settlements is required.
  • Good understanding of Mutual Funds, MPF, ETF & SMA structures & Functionality.
  • Basic MS office skills.
  • Exposure to Hipef/ANOVA Systems is an added advantage.
  • Exposure to Portia/Factset/Port is an added advantage.
  • Performance measurement subject matter expertise is required.
  • Excellent analytical and problem solving skills.
  • Team management and people skills.
  • Good communication skills.

Company Overview

From technology and product innovation to corporate responsibility and community development, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.