Equity Swap Static Data, Officer
State Street · Hyderabad, India · 1mo ago
Who we are looking for
An experienced individual for our Equity Swap Static Data team is responsible for day-to-day BAU processing for Equity Swaps in line with the Operating model, internal SLAs and control frameworks.
We are looking for a highly motivated individual to join SST Markets Operations’ Financing Solutions business.
Financing Solutions contains three key business lines – Agency Lending, Secured Financing and Prime Services. Our fast-growing Prime Services group is searching for a static ata Specialist, who would be responsible for driving the day-to-day support of the Equity Swaps product.
Prime Services is an alternative to prime brokerage and is the only platform that allows clients to borrow stock and finance from a segregated custody account. State Street’s Prime Services solution can reduce counterparty risk, offer additional transparency and provide more control over assets. Clients can also engage in self-borrowing and self-financing from their own long positions from custody accounts. This approach provides a more efficient and cost-effective way to manage long/short portfolios.
To meet client demand for synthetic market access globally, Prime Services are expanding their product offering to include Equity Swaps: a market standard Portfolio swap and a flexible Total Return Swap to suit client requirements.
Individual who has previously worked in an Operations/Middle Office role would be an added advantage. The candidate will have regular interaction with internal and external customers and the Front Office. A successful candidate should have a good working knowledge of the Equity Swaps flow particularly in one or more of the following: Trade Processing and exception management, Corporate Actions, Trade and Cash Settlement, Confirmations, Middle Office, Reconciliation.
Why this role is important to us
The team you will be joining is a part of State Street Markets which is transforming our operating model that provides support to sales and trading desks across all regions EMEA, APAC and North America 24/6. Since synthetic market access is growing globally, Prime Services are expanding their product offering to include Equity Swaps. Clients take advantage of a range of financing solutions, from memo-pledge and self-financing to self-borrow and repledge. Our Secured financing solution offers accessibility to cash investment and financing outlets for a wide range of institutional participants.
State Street is one of the largest agent’s lenders in the world, with over 40 years of experience and more than 250clients across multiple global markets. Our depth of lendable assets and strong market position provides more trading opportunities When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. Join us to make your mark in the capital markets industry.
What you will be responsible for
As Officer you will
Perform end-to-end static data setup and maintenance for clients, instruments, counterparties, SSIs, and account structures across relevant systems.
Ensure accuracy and completeness of static data to support trade booking, lifecycle events, settlement, and reporting
Execute maker-checker controls, daily validations, checklists, and SLA sign-offs in line with control frameworks.
Investigate, analyze, and resolve static data-related breaks, exceptions, and downstream issues affecting trades or settlements.
Support onboarding of new clients, products, and markets, including UAT support and go-live readiness checks.
Manage reference data changes arising from corporate actions, regulatory updates, or product enhancements.
Respond to internal stakeholder queries (Front Office, Middle Office, Operations, Technology) and escalate issues where required.
Maintain operational documentation, SOPs, and audit-ready evidence.
Identify root causes of data issues and support remediation and preventive control enhancements.
Contribute to automation, data quality improvements, and process standardization initiatives.
What we value
These skills will help you succeed in this role
Strong attention to detail and control mindset.
Basic understanding of capital markets or derivatives concepts.
Analytical skills to investigate and resolve operations exceptions
Risk mitigation, problem solving, and decision – making skills.
Strong communication (written and verbal), interpersonal, organizational, and time management skills
Ability to work effectively in time-sensitive BAU environments
Ability to think critically and resolve complex problems
Drive automation initiatives to improve operational efficiency
Stay updated on best practices for Equity Swap Static Data.
What you will bring to the role
Front-to-back knowledge of the Equity Swap Operations processes, markets and instruments.
Hands-on experience and working knowledge in Front office exception management, Middle office systems, Settlement / Payment department & understanding Swap lifecycle
Familiarity with systems such as NUVO, DUCO, etc. will be an added advantage.
Education & Preferred Qualifications
Graduate or above, preferably in Finance, Accounting, Economics, Commerce, or a related discipline.
10+ years of experience in Financial Services operations, with significant exposure to Static Data, Reference Data, or Client Onboarding functions.
Prior experience supporting global markets, derivatives, or financing products is an advantage.
Working knowledge of trade lifecycle, settlement processes, and downstream dependencies.
Experience with static data / reference data platforms and workflow tools is preferred.
Good communication skills both written and oral.
Additional requirements
Knowledge of Macros, SQL & MS Access Database queries will be an added advantage.
Shift Timings: 7pm to 4 am IST
Persona: 4 days’ work from office
Location: Hyderabad
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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