Alpha Operations - Collateral Specialist, hybrid, Senior Associate

About the role:

Alpha Operations Collateral 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 Kraków ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed.

Your new role

As an Alpha Operations Collateral Specialist you will be responsible for:

• Project management and execution of transition activity
• Participate/coordinate in processes on-boarding, testing
• Facilitate resolution of outstanding issues and/or exceptions with other departments in respect of the unit’s work
• Oversee and support ad hoc client requests resolution
• Build macros, support macro maintenance and coordination with GMAS
• Project, build and implement new solutions
• Build new tools, coordinate implementation of  improvements; lead testing
• Support macro maintenance and AI developments
• Independently review and document process flows/ procedures and contribute new ideas/improvements to further streamline the process
• Get involved in departmental and external ad-hoc projects
• Train and develop other team members
• Be a change agent, support LEAN efforts

What we value

Desired skills and qualifications:

• Very good knowledge of MS Excel and Outlook; Power       Point and Word will be an advantage
• Numeracy skills; attention to details
• Accuracy and ability to work with tight deadlines
• Understanding of financial markets basics
• Good command of English; effective communication,     ability to write official documents
• Ability to collaborate and teamwork; organizational skills; supervising group of specialist if need be
• Experience in finance or other related area
• Knowledge of OTC markets/ derivatives instruments or VBA would be an advantage
• Self-motivated and reliant, flexible
• German language as a plus

Education and experience:

• Minimum 2 years in Custody or associated business area.

• Degree in Accounting or Finance or Business related area.

• CCA/CIMA/ACA/CPA qualified or part qualified an advantage.

Work requirements:

• Hybrid work model - minimum 3 days from office per week

Minimum Salary:​

zł87 000 Annual

The minimum salary quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of this primary location, the applicable minimum salary may differ.​

Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.​

In addition to salary, employees are eligible to be considered for discretionary annual performance-based awards.​

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We Offer:​

• Permanent contract from day one​

• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)​

• Gold Medical Package for employees and their families (partner and children)​

• Premium life insurance package and private pension plan​

• Wide range of soft skills training, technical workshops, language classes and development programs​

• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice​

• Variety of well-being programs​

• Additional benefits available depending on the seniority of the role

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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