State Street
Pune, Maharashtra, India Posted 5d ago
State Street is seeking an experienced Senior Associate in the Investable Cash Team responsible for ensuring timely and accurate processing of cash deliveries, sweeps, and payments. You will play a critical role in maintaining high standards of operational excellence and client satisfaction.
Key Responsibilities
Coordinate with client service teams or directly with clients to ensure seamless cash delivery
Maintain accurate records and reports to ensure compliance with regulatory requirements
Analyze and predict cash inflows and outflows to ensure accurate forecasting and optimal liquidity
Manage sweep accounts to optimize cash concentration and minimize idle balances
Receive, verify, and process incoming and outgoing wire transfers ensuring accurate settlement
Reconcile cash positions across multiple accounts and systems
Monitor and manage overdrafts to minimize fees and ensure regulatory compliance
Requirements
Graduation in Commerce
Minimum 2 years of experience as a Senior Associate at State Street
Knowledge of tools such as MCH and IMT