Who we are looking for We are seeking an experienced Officer in Investable Cash Team responsible for ensuring timely and accurate processing of Cash deliveries Sweep Payments etc As a key member of the team you will play a critical role in maintaining our highly standards of operational excellence and client satisfactions Experience in interacting with client and counterparties his position also requires identifying opportunities for process improvement to enhance operational efficiency and meet the organization goals Investable Cash team plays a critical role in optimizing cash management for our clients The primary objective is to ensure timely and accurate delivery Investable Cash Team is a part of Global Delivery which has Cash Availability and Sweep function is supported in India Pune and Coimbatore office for US region Why this role is important to us The team you will be joining is a part of Global Delivery Investable Cash Cash Availability Forecasting and Sweep Team is responsible to keep track on client deliverables which is precisely based on timeline to meet KPI The primary objective is to ensure the client deliverables meet timeliness and accuracy Be a part of this team which will give you an exposure to understand how State Street tracks and monitors overdrafts for their clients and provides real time information What you will be responsible for As an Officer in Investable cash Team you will play a pivotal role Coordinate with client service team or directly to client to ensure seamless cash delivery Maintain accurate records and reports to ensure compliance with regulatory requirements Cash Availability Forecasting Analyze and predict cash inflows and outflows to ensure accurate forecasting and optimal liquidity management Sweep Accounts Management Manage sweep accounts to optimize cash concentration minimize idle balances and maximize investment opportunities Wire Transfer Processing Receive verify and process incoming and outgoing wire transfers ensuring timely and accurate settlement Cash Reconciliation Reconcile cash positions across multiple accounts and systems to ensure accuracy and integrity Monitor and manage overdrafts to minimize fees ensure compliance with regulatory requirements Process and verify cash Deliveries DDA recon Day to day overdraft monitoring money movements Wire transfers including incoming and outgoing domestic and international payments Complete system testing for Change Control enhancements Ability to communicate with clients Coordinate with internal departments to meet client needs Support the Risk Excellence culture within the business Support of preparation of Operating Models Service Level Agreements and Key Performance Indicators What we valueStrong critical thinking problem solving and decision making skills Take ownership and accountability for daily deliverables Embed risk excellence culture across the teams Result-oriented with an ownership and accountability mindset Timely completion of assigned client deliverables Executive presence managing with influence and effective communication across stakeholder groups both regionally and globally Education Preferred QualificationsPost graduation in Finance Business Accounting Minimum 8-10 years of experience of relevant experience Financial markets certifications About State Street What we do State Street is one of the largest custodian banks asset managers and asset intelligence companies in the world From technology to product innovation we re making our mark on the financial services industry For more than two centuries we ve been helping our clients safeguard and steward the investments of millions of people We provide investment servicing data analytics investment research trading and investment management to institutional clients Work Live and Grow We make all efforts to create a great work environment Our benefits packages are competitive and comprehensive Details vary by location but you may expect generous medical care insurance and savings plans among other perks You ll have access to adaptable Work Programs to help you match your needs And our wealth of development programs and educational support will help you reach your full potential 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 Discover more information on jobs at StateStreet com careers Read our CEO Statement

📌 Core Operations - Officer (Tamil Nadu)
🏢 State Street
📍 Tamil Nadu