Trade Processor, Associate 2

US-CA-Orange County Status: Full Time, Employee Job Category: Accounting/Finance/Insurance Reference Code: RQ00054010 State Street Corporation State Street Corporation (NYSE: STT) is the world's leading specialist in providing institutional investors with investment servicing, investment management and investment research and trading services. As of December 31, 2007 State Street's assets under custody are $15.3 trillion and assets under management are $1.98 trillion. State Street operates in 26 countries and more than 100 geographic markets worldwide and employs over 26,000 worldwide. For more information, visit State Street's web site at www.statestreet.com Trade Processor, Associate 2 Solves problems of increased complexity and demonstrates leadership and motivational skills, and the ability to take on special assignments. Responsible for the timely and accurate receipt, authentication, processing and settlement of security and related cash transactions to custody and accounting platforms as well as the resolution of data quality, processing, and settlement issues through interactions with accounting, client service, and other internal support teams or external groups. JOB DESCRIPTION:· Performs the necessary checks on all automated trades and manual trades · Follows escalation procedures to ensure timeliness and accuracy of processing· Acts as a resource within the assigned business unit to resolve complex or non-routine processing related questions/issues. · Research more complex inquiries and issues.· Identifies and resolves problem trades, ensures that the resolution is well-documented and communicated to appropriate parties.· May cover for supervisor and participate in special projects· Prepares, completes, and reviews various standard reports· Interacts with external and internal parties to resolve various trade questions and discrepancies.· Trains new hires and more junior staff.· Performs various daily tasks within the business unit as necessary to support processing routines· Responds to inquiries regarding problems and requests· Documents and tracks calls · Provides recommendations for improvement in processing/proceduresEDUCATION/EXPERIENCE:· Bachelor's degree with a business related coursework or equivalent. B.S. in Accounting preferred· Minimum 1 year of related experience in custody, fund accounting and/or trade processing· Knowledge of financial securities markets, language and products as well as legal and regulatory requirements · Strong working knowledge of MS Office applications, and spreadsheet proficiency. · Strong analytical and organizational skills · Ability to prioritize assignments under tight deadlines· Strong interpersonal and communication skills in both verbal and written forms.Click here to apply