The Officer will be responsible for the P&L and Balance Sheet reconciliations, reporting including regulatory and SEC reportings on a daily, weekly, monthly and quarterly for FX Products. Work closely with other operational teams like FX Operations, Collateral Operations, Global Cash Teams to resolve any issues causing breaks in the accounts monitored for FX products.

Business As Usual (BAU) Activities:

Develop the team to adopt “owner’s mind set”, work independently, and effectively manage timelines 

May be required to provide accounting analyses or research on critical and complex issues which may include variance analysis of accounting transactions related to the products supported.

Develop subject matter expertise in all aspects of the products under responsibility including operational aspects of a particular accounting transaction.

Participate in or manage function specific projects as needed

Ensure high quality and completion of deliverables within the committed timeframe.  Team deliverables revolve around;

Daily:

Monitor daily reconciliations, proofs, and ensure the breaks are tracked to close.

Ensure the FX WSS FO reports are in sync to the GL

Prepare and review daily FX PNL across the North America region and work closely with the Traders to get confirmations and resolve any open issues.

Weekly:

Prepare Regulatory reporting FC 1 and Weekly Fin 39 for Open FX exposures

Prepare and journalize the Cash collateral netting entry for FX Collateral exposures

Monthly:

Coordinate month-end close including prepare manual journal entries and export accounting system reports

Review/Prepare account reconciliations and certification

Perform month end tie outs for various products with FX source systems with the ledger

Quarterly:

Prepare Regulatory, SEC

Perform CCAR CFO attestation control testing

Perform SOX control testing

Ad-Hoc:

Prepare and update process narratives/procedures and flow charts

Response to internal and external requests including variance analysis and inquires

Participate in Ad Hoc projects and new transactions

General ledger account requests

Accounting systems maintenance and upgrade

Responsibility for ongoing process improvements

Assist in implementation of the GAO process re-enginerring and automation efforts

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