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Collateral Management - Senior Associate

State Street

Full time
Location
Bangalore
Work mode
Not stated
Salary
₹5.7L – ₹15L a year estimatetypical for Accounting & Finance Jobs in Bangalore, 32 posts
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Job description

Job Description


Who we are looking for:


We 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.


Why this role is important to us:


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 India ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed..


What you will be responsible for: As Senior Associate you will:


  • Margin 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.
  • Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations
  • Fails investigation - Checking the cash non-receipt reports and the custody settlement system and initiating correspondence with the client and counterparties
  • Reporting - Generate a variety of reports, which includes client and internal
  • Portfolio reconciliations - Completing any daily or ad hoc manual portfolio reconciliations.
  • Interest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.

Substitutions


Coupon / Maturities

Transformation initiatives


What we value:


  • These skills will help you succeed in this role:
  • Proficient knowledge of MS Excel and Outlook; Power Point and Word will be an advantage
  • Proficient knowledge of MS Access and VBA
  • Very good command of English; effective communication, ability to write and sing off official documents
  • Experience in finance and custody
  • Knowledge of OTC markets/ derivatives instruments, Collateral Onboarding
  • Numeracy skills; attention to details
  • Accuracy and ability to work with tight deadlines
  • Ability to collaborate and teamwork; organizational skills; supervising group of specialist if need be
  • Self-motivated and reliant, flexible
  • Project Management methodologies would be an advantage

Education & Preferred Qualifications:


  • Graduate and above preferably in Finance
  • B.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce

Additional requirements:


  • Certification on NCFM / CISI (Chartered Institute for Securities & Investment)
  • Knowledge on Macros, SQL & MS Access Database queries

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.


Read our CEO Statement


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.


Discover more information on jobs at StateStreet.com/careers


Read our CEO Statement

Key skills

Preferred

Project ManagementSQL

Soft skills

Organizational SkillsTeamwork

Job market insights

₹5.7L – ₹15L advertised yearly salary for Accounting & Finance Jobs in Bangalore (middle half of 32 posts that show a salary; median ₹8.3L)
124 more open jobs at State Street

Most Accounting & Finance Jobs posts in Bangalore ask for 3–6 years of experience (39% of 653 that say).

Hiring most for Accounting & Finance Jobs in Bangalore

  • State Street48 open jobs
  • BSR & Co47 open jobs
  • JPMorganChase36 open jobs

From live job posts on CoreHRx, updated 8 Nov 2026. Skill figures count posts that list their skills; salary figures only posts that show a salary.

Questions about this job

What is the salary for this Collateral Management - Senior Associate job?

The post does not state the pay. As an estimate, comparable posts on CoreHRx advertise ₹5.7L – ₹15L a year (typical for Accounting & Finance Jobs in Bangalore, 32 posts).

Where is this job based?

In Bangalore.

What kind of job is this?

It is a full time job.

This guide is for Indian job seekers preparing for SQL rounds in data analyst, data engineer, backend developer and database roles, from freshers to experienced professionals. It has 60 questions in three levels: easy covers joins, grouping and NULLs; medium covers window functions, CTEs, indexes and isolation levels; hard covers locking, MVCC, query tuning and classic puzzles such as login streaks and medians. Answers use ANSI SQL, with MySQL 8 and PostgreSQL notes where the two differ. Write each query against your own sample tables first, then compare your result with the sample answer.

Questions you may be asked

  1. What is the difference between WHERE and HAVING?
  2. What is the difference between DELETE, TRUNCATE and DROP?
  3. What is the difference between an INNER JOIN and a LEFT JOIN?
  4. What is the difference between a primary key and a unique key?

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