# Senior Associate - Assistant Manager at State Street

State Street is hiring a Senior Associate - Assistant Manager in Hyderabad, India. Level rates it Little AI ●○○○; you can [apply on State Street](https://jobsbylevel.com/go/44b18dee-5a2e-41d2-9243-9d880acddc42?utm_medium=ai-agent).

AI Level 1, AI centrality 37 out of 100. Hyderabad, India.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 37 out of 100)
- Location: Hyderabad, India
- Posted: October 27, 2026
- Apply: https://jobsbylevel.com/go/44b18dee-5a2e-41d2-9243-9d880acddc42?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=senior-associate-assistant-manager-at-state-street-7d109f

## Prepare for this job

The job page lists 2 likely interview questions for this offer, with a CV checklist: https://jobsbylevel.com/jobs/senior-associate-assistant-manager-at-state-street-7d109f

## Description

Job Description BASIC PURPOSE : Perform the day-to-day operational processes and core deliverables within the compensation team. Understand and assist in the overall coordination of the operational risk management, resource planning, and staff training required for the effective operation of the team. Provide assistance to the Management in managing of the team, and to ensure that client service is central to the workings of the group. Should be able to handle escalation Assist Senior Management in reporting and any adhoc requirement Major Responsibilities: Ensuring daily/weekly/monthly reports are delivered in timely manner with 100% accuracy Work with corresponding banks or counterparties to reduce overall exposure to the organization Ensure that all claims are resolved in timely manner and are escalated accordingly for immediate resolution Ensure that all KPIs are met on monthly basis are discussed with AVP. Any escalated issues are addressed immediately and steps taken to avoid recurrence Ensure that all aspects of risk and compliance are covered with the team on a weekly basis and are met Ensure that all regulatory requirements and reports are done timely including compliance trainings for the team Ensure errors are minimized and Bank’s exposure to financial loss is minimized Check and verify swifts and payment entries as the first line of defense Assist with review for current operating procedures. Make recommendations for improvement that eliminates processing deficiencies, addresses operational risk and ensures ongoing focus on best practice Know the CSDR process front to back including the technology interactions and all SOPs involved with the function Client Service Respond promptly to client (internal / external) concerns, needs and requests Ensure all agreed deliverables and standards are met Provide exception client service in the CSDR penalty space, this will include a combination of internal and external clients Change Management Demonstrate a willingness to support change / initiatives within Bank (locally / globally) Demonstrate ability to take on tasks without instruction Assist with tasks associated with technology and procedural changes that effect the compensation team (global/local/industry) React to the ever-changing CSDR environment while proactively anticipating changes to the service level expectations put forth by external client and internal business units Products / Services Supported FX / MM / TSY / TMPG / Security / OD Claims Revaluations Interest Analysis Primary Nostro CSDR REQUIREMENTS : Education and Experience Industry Accreditation Demonstrated market knowledge and relevant market experience into compensation and settlements A strong aptitude for information technology including MS office, Crystal, SWIFT Knowledge and Hands on experience on Copilot & Claude Skills/Knowledge Candidate should have good analytical skills Effectively communicate with internal and external clients Demonstrate the ability to assess and suggest resolution to a problem Understanding of Bank’s product and services and; the working relationship between front and back offices Be a strong team player Demonstrate professional maturity and effective time management Embrace State Street’s “Corporate Values” and support a work environment reflective of those values The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform. 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,

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Source: https://jobsbylevel.com/jobs/senior-associate-assistant-manager-at-state-street-7d109f

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