OTC Derivatives Team Supervisor in Center of Excellence Team

to join the insource organization supporting the State Street EMEA

Why State Street Bank Poland?

Operating in Europe since 1970 State Street services clients in multiple locations. State Street Bank Poland was first established in 2007 in Kraków. Today State Street Bank Poland employs over 2500 staff members at three sites across the city and will now open a new office in Gdańsk. This will offer multiple opportunities to gain experience in diverse areas of the investment fund cycle as our Poland branch provides investment fund accounting and related services to clients of multiple State Street locations and business units across Europe. We offer positions in a challenging, rapidly changing and international environment. State Street offers a significant scope for personal growth and career progression. Throughout your career at State Street you will be provided with a wide range of training opportunities and internal mobility options as well as individual development plans, attractive benefits (including Employee Savings Plan) and an excellent remuneration package. The continuous development of our employees from day one is critical as we continually seek to develop and expand the local management team and create future leaders from within.

Job Summary

Reporting to an Officer an opportunity exists for a Senior Associate position working in a challenging environment within the OTC derivatives centre of excellence in Gdansk, Poland. For the right candidate this represents a good opportunity to demonstrate leadership, communication and technical expertise. They are responsible for implementing company policy, overseeing client deliverables and contributing to the development of the team and the organization.

This is also great opportunity to be involved in the development of a start-up venture in the Gdansk office. The Gdansk team will have a direct reporting line into the DCOE Ireland office.

Job Duties and Responsibilities

1. Carry out core and complex and custom processing activities and implement ways to standardize when possible in accordance with established procedures
2. Resolve complex issues acting with a sense of urgency
3. Accountable for quality, accuracy and timeliness of results
4. Support the implementation of process improvements
5. Subject matter expert for process. Maintain working knowledge of overall process operating model and assists with deployment of operational changes
6. Assign work, determine personnel needs, oversee short term deliverables, coordinate workflows
7. Deliver training and coaching to all staff
8. Ensure team is achieving accuracy and meeting pre-determined deadlines
9. Ensure SOPs/regulations are met and escalate as needed
10. Provide performance feedback to manager for input into PPR
11. Identify and report all risk and compliance issues, breaches and suspicious activities
12. Act in accordance with Risk Excellence as part of our Way Ahead foundation
13. Perform related duties as assigned
14. Interact with internal and external clients to provide comprehensive support on a global basis
15. Share responsibility with manager for accurate and timely processing for deliverables, for coaching and development of staff and to ensure proper workload balancing
16. Develop and maintain procedures

Qualifications

• Primary Degree or a Professional or Accounting qualification or equivalent.
• Experience working in the provision of fund administration services or have worked in another aspect of the Financial Services Industry for a number of years.
• In-depth knowledge of derivative products and market practices required
• Knowledge of accounting for derivative products
• Experience in reconciliation role
• Excellent English required. All training and reporting will be communicated in English.

Core Competencies

• Exercise sound judgment in all matters
• Leverage knowledge and technology to ensure optimal results
• Drive execution of all client and business related tasks
• Provide outstanding service to all client/s - internally & externally
• Communicate effectively at all levels within the organization
• Display organizational insight & influence
• Foster collaboration & team work
• Develop talent

Disposition

• Self-motivated
• Enthusiastic
• Leader / Motivator
• Trustworthy
• Self-reliant
• Flexible
• Personable