Job Description

Business overview:

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.

Specific Duties:

• Project management and execution of transition activity
• Facilitate resolution of outstanding issues and/or exceptions with other departments in respect of the unit’s work
• Review and document process flows/procedures and contribute new ideas/improvements to further streamline the process
• Build new tools, coordinate implementation of improvements; lead testing
• Facilitate resolution of outstanding issues and/ or exceptions with other departments in respect of the unit’s work
• Drive LEAN efforts
• Oversee and support ad hoc client requests resolution
• On-board processes, complete testing and documentation
• Build macros, support macro maintenance and coordination with GMAS
• Support current MS Access databases. Project, build and implement new solutions

Work Parameters Or Boundaries:

• Internal procedures and regulations
• Internal Service Level Agreements
• FSA, EMIR Regulations
• Key Performance Indicators – timeliness and accuracy
• Project status, quantity and quality
• Capacity goals
• Job Expectations and Priorities
• GMAS certification

Specific Qualifications / Skills:

• Proficient knowledge of MS Excel and Outlook; Power Point and Word will be an advantage
• Proficient knowledge of MS Access and VBA
• Very good command of English; effective communication, ability to write and sing off official documents
• Experience in finance and custody
• Knowledge of OTC markets/ derivatives instruments
• Numeracy skills; attention to details
• Accuracy and ability to work with tight deadlines
• Ability to collaborate and teamwork; organizational skills; supervising group of specialist if need be
• Self-motivated and reliant, flexible
• Project Management methodologies would be an advantage

Level Of Education:

Degree in Accounting or Finance or Business related area.

ACCA/CIMA/ACA/CPA qualified or part qualified an advantage.

Previous Level Of Experience:

Minimum 3 years in Custody or associated business area.

Work Environment

1. As relates to Employee’s job related task and duties Employee is responsible towards his direct Superior.

2. All issues with which Employee turns to the one level up Manager should have been discussed with his direct Superior.

3. Employee has the right to appeal from every decision of his direct Superior to the one level up Manager.

Employee’s responsibility rules

1. Employee is made accountable for all his job duties and State Street’s property entrusted to him.

2. Employee's responsibility concerns at equal degree entrusted duties, decisions taken and the initiative required at the given position.

3. Employee is responsible at equal degree for decisions taken and not taken when the situation requires that.

4. Employee commits not to disclose any information that might be considered as confidential for the Employer.

5. Employee is obliged to comply with all regulations and procedures concerning Health and Safety, environmental protection and company's directions in this domain.

6. Employee does his best to make the work environment and culture safe for him and his colleagues.

Minimum Salary:​

The minimum salary quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of this primary location, the applicable minimum salary may differ.​

Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.​

In addition to salary, employees are eligible to be considered for discretionary annual performance-based awards.​

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We Offer:​

• Permanent contract from day one​

• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)​

• Gold Medical Package for employees and their families (partner and children)​

• Premium life insurance package and private pension plan​

• Wide range of soft skills training, technical workshops, language classes and development programs​

• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice​

• Variety of well-being programs​

• Additional benefits available depending on the seniority of the role

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.

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