Associate III - Derivative Services - Bilateral Collateral

Role Overview: As a Derivative Services - Bilateral Collateral Associate, you will be responsible for handling assigned tasks efficiently to ensure timely completion. You will support junior team members by acting as a go-to expert and assisting them with queries or problems. It is important to manage daily tasks effectively, recognize when assistance is needed, and escalate unresolved or high-risk issues promptly. Taking ownership of additional tasks or projects and completing them within agreed deadlines will be key in this role. Clear and prompt communication with clients and team members, following internal rules and procedures diligently, and sharing ideas for efficiency improvement will also be part of your responsibilities. Collaborating effectively with team members, building strong relationships with other teams and external partners, and escalating concerns to senior staff when necessary are essential aspects of this role. Key Responsibilities: - Handle assigned tasks and ensure timely completion - Support junior team members with queries or problems; act as a go-to expert - Manage daily tasks efficiently and recognize when to seek assistance - Resolve issues related to stock or cash differences; escalate unresolved or high-risk issues promptly - Take ownership of additional tasks or projects and complete them within agreed deadlines - Respond clearly and promptly to client and team queries - Follow all internal rules and procedures honestly and diligently to mitigate risks - Share ideas to enhance efficiency, reduce costs, and improve service quality - Collaborate effectively with team members to foster a positive work environment - Build and maintain strong relationships with other teams and external partners - Keep procedures updated and escalate any concerns to senior staff when necessary Qualifications Required: - Eagerness to continuously learn about transaction processes - Ability to plan and prioritize work effectively, even amid shifting priorities - Comprehensive knowledge of asset management from end to end - Strong understanding of global financial markets - Knowledge of derivatives and collateral management processes - Experience in trade operations across multiple asset classes (equities, fixed income, FX, money markets) - Familiarity with SWIFT messaging standards - Understanding of corporate actions, including income processing - Experience using Aladdin and related tools such as CTM, CLS, and SWIFT About UST: UST is a global digital transformation solutions provider that partners with clients from design to operation, embedding innovation and agility into their organizations. With over 30,000 employees in 30 countries, UST touches billions of lives through its boundless impact philosophy.,