{"id":1170867,"url":"https://alion.io/job/state-street-collateral-management-senior-associate-4","title":"Collateral Management - Senior Associate","company":{"id":1806,"name":"State Street","domain":"statestreet.com","url":"https://alion.io/company/state-street","size_band":"5000+","is_staffing_agency":false,"is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"A","score":100,"open_postings":135,"ghost_share":0,"stale_share":0.148,"repost_share":0.022,"time_to_fill_p50_days":21,"computed_at":"2026-09-24T05:45:00Z"}},"role":"Finance","role_family":"Finance","seniority":"senior","employment_type":"full_time","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Hyderabad, India","Bengaluru, India"],"countries":["IN"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":16000,"max_usd":35000,"period":"year","method":"global_role_cell_scaled_by_country","sample_n":2825},"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Microsoft Excel","optional":false},{"name":"Outlook","optional":false},{"name":"SQL","optional":true}],"status":"live","first_seen_at":"2026-09-24T07:17:11Z","employer_posted_date":"2026-09-24","last_verified_at":"2026-09-24T13:38:27Z","board_verified":true,"closed_at":null,"days_open":0,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":0},"description":"Job Description\nWho we are looking for:\nWe are looking for a candidates with experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties. Should have knowledge in calculations based on MTM and results in sending Margin calls. The position will contain a basic training to carry out activities by working both remotely from home and from office.\nWhy this role is important to us:\nCollateral 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 India ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed..\nWhat you will be responsible for: As Senior Associate you will:\nMargin call processing - Process daily margin calls daily for all agreed clients, who will include banks and fund clients and both cash and security margin calls.\n\nReconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations\n\nFails investigation - Checking the cash non-receipt reports and the custody settlement system and initiating correspondence with the client and counterparties\n\nReporting - Generate a variety of reports, which includes client and internal\n\nPortfolio reconciliations - Completing any daily or ad hoc manual portfolio reconciliations.\n\nInterest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.\n\nSubstitutions\nCoupon / Maturities\nTransformation initiatives\nWhat we value: \nThese skills will help you succeed in this role:\n\nProficient knowledge of MS Excel and Outlook; Power Point and Word will be an advantage\n\nProficient knowledge of MS Access and VBA\n\nVery good command of English; effective communication, ability to write and sing off official documents\n\nExperience in finance and custody\n\nKnowledge of OTC markets/ derivatives instruments, Collateral Onboarding\n\nNumeracy skills; attention to details\n\nAccuracy and ability to work with tight deadlines\n\nAbility to collaborate and teamwork; organizational skills; supervising group of specialist if need be\n\nSelf-motivated and reliant, flexible\n\nProject Management methodologies would be an advantage\n\nEducation & Preferred Qualifications:\nGraduate and above preferably in Finance\n\nB.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce\n\nAdditional requirements:\nCertification on NCFM / CISI (Chartered Institute for Securities & Investment)\n\nKnowledge on Macros, SQL & MS Access Database queries\n\nAbout State Street\nAcross 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.\nWe 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.\nAs 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.\nRead our CEO Statement\nAbout State Street\nAcross 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.\nWe 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.\nAs 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.\nDiscover more information on jobs at StateStreet.com/careers\nRead our CEO Statement","description_format":"text","description_chars":5148,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[{"language":"English","level":"All levels","optional":false}]},"benefits":["Flexible schedule"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Financial Services","Wealth Management","Capital Markets","Custody & Fund Administration"],"lifecycle":[{"event":"open","at":"2026-09-24T07:17:11Z"}],"liveness":{"score":86,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.86,"p_room":1,"age_days":0,"expected_fill_days":21,"reasons":["conf:1","win:early","comp:brand"],"computed_at":"2026-09-24T15:23:40Z"},"pay":null,"html_url":"https://alion.io/job/state-street-collateral-management-senior-associate-4","json_url":"https://alion.io/job/state-street-collateral-management-senior-associate-4.json","meta":{"generated_at":"2026-09-24T15:23:40Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers"}}