# State Street Markets Recon Operations, Associate 2 at State Street

State Street is hiring a State Street Markets Recon Operations, Associate 2 in Bengaluru, India. Level rates it Little AI ●○○○; you can [apply on State Street](https://jobsbylevel.com/go/b46d5455-f6e0-4bd2-977e-9119f7e732e4?utm_medium=ai-agent).

AI Level 1, AI centrality 36 out of 100. Bangalore, India.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 36 out of 100)
- Location: Bangalore, India
- Posted: November 13, 2026
- Apply: https://jobsbylevel.com/go/b46d5455-f6e0-4bd2-977e-9119f7e732e4?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=state-street-markets-recon-operations-associate-2-at-state-street-41e4ac

## Description

Who we are looking for: This dynamic role which requires good understanding of equities, fixed income, Securities Lending and borrowing business, collateral management & reconciliation. The business requires constant interaction with multiple stakeholders namely Trading Desk, Borrowers, Internal teams The major responsibilities will be: 1. Cash and Non-Cash reconciliation 5. DUCO, Pirum and Equilend platform awareness 6. Tri resolve platform Why this role is important to us: The team you will be joining is a part of State Street Global Markets (SSGM) reconciliation . When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world. Join us if making your mark in the capital markets industry from day one is a challenge you are up for. What you will be responsible for: As State Street Markets Recon Operations, Associate 2 you will be Performs several or all the following duties based on assigned desk (domestic, international) and/or product(s): Perform daily reconciliation of securities transactions, cash, positions ,Cash & position and stock lending/borrowing activities. Investigate trade breaks and discrepancies between internal ledgers and external counterparties. Assigning the breaks to corresponding team to resolve the breaks in timely manner. Liaise with trading desks, operations teams, and external parties to resolve reconciliation issues. Reviews contract compare records, DDA’s to validate positions/cash breaks with multiple Internal teams and external counterparties. Assists business area with inquiries pertaining to transactional activity; coordinates response with counterparties , traders, corporate actions teams and other internal teams. Ensure timely resolution of counterparty issues including all break types (Rate,Fee, Quantity, Orphan, etc). while keeping management informed of any potential issues. Utilize reconciliation tools (e.g., DUCO, Equilend, Pirum, etc.,) to automate and improve processes. Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed What we value: These skills will help you succeed in this role: Strong knowledge of Agency/Principle Security lending business, Capital markets and Equities Strong communication, interpersonal, organizational, and time management skills Deadline and detail oriented Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills Should be flexible to work in US (6:30 PM - 3:30 AM IST) shift Shift Timing: 6:00 PM - 3:00 AM IST Work Location: Bangalore Education & Preferred Qualifications: University degree in Business majoring in Accounting, Finance, or other Financial-related programs Overall experience of 1+ years in trade Settlements, reconciliation, Mark to Market and Collateral Management (NA/EMEA markets) process & Reconciliation process Investment Banking, Agency/Principal Lending, Custodial Services, Financial Markets knowledge is must. Certifications: certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage but not mandatory. Secondary Skills (Good to Have) Exposure to Equilend, MCH, and DTC applications 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,

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/state-street-markets-recon-operations-associate-2-at-state-street-41e4ac

Source: https://jobsbylevel.com/jobs/state-street-markets-recon-operations-associate-2-at-state-street-41e4ac

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