Core Operations, Senior Associate at State Street

State Street · HINJEWADI, PUNE, INDIA

📋 Job Details at a Glance 📍 Location HINJEWADI, PUNE, INDIA 🏢 Company State Street 👥 Experience 2+ years 🎓 Qualification Relevant technical qualification and demonstrated shipping experience 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary Not Disclosed 🏢 Industry Banking & Finance 🛠 Key Skills Cash Delivery Processing Cash Sweep Operations Client Deliverable Tracking KPI Monitoring Operational Excellence Overdraft Management Core Operations, Senior Associate at State Street — Full Details & How to Apply State Street is seeking a Core Operations, Senior Associate to support cash delivery processing in HINJEWADI, PUNE, INDIA . This role offers direct involvement in client deliverable tracking and KPI monitoring , ensuring operational accuracy in real-time cash management. This Core Operations, Senior Associate position is essential for managing cash delivery processes, including cash sweep operations and overdraft management . The role ensures client deliverables meet defined KPIs through consistent monitoring and execution of cash delivery workflows. Daily responsibilities include tracking client deliverables, validating cash movements, and maintaining operational excellence in cash handling. State Street , a global leader in banking and finance, operates a dedicated team in HINJEWADI, PUNE, INDIA focused on cash management services. The role is part of a structured operations function where responsibilities include cash delivery processing , client deliverable tracking , and KPI monitoring . The team emphasizes operational excellence and accuracy in financial operations. 2023, 2024, 2025, 2026 graduates with relevant technical qualification and demonstrated shipping experience are eligible. Candidates must have 2+ years of experience . The salary for this position is Not Disclosed . Candidates will gain hands-on experience in Cash Delivery Processing , Cash Sweep Operations , Client Deliverable Tracking , KPI Monitoring , Operational Excellence , and Overdraft Management . This role provides foundational exposure to core banking operations, with potential progression into senior operations or client service roles within State Street . 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Search for Core Operations, Senior Associate jobs , explore State Street recruitment , and find HINJEWADI, PUNE, INDIA jobs on NexisGrow.com. Job Role & Responsibilities The Core Operations, Senior Associate role at State Street ensures accurate and timely execution of cash delivery and sweep operations, directly impacting client cash flow and service delivery through structured, compliance-driven processes. Process cash deliveries using Cash Delivery Processing tools to ensure transactions are completed within 24-hour SLA thresholds and aligned with client cash movement schedules. Execute daily Cash Sweep Operations to reallocate client cash balances, optimizing liquidity by reducing idle balances by at least 15% across 10+ client accounts per cycle. Collaborate with the Global Delivery team to track client deliverable timelines using Deliverable Tracking dashboards and ensure all milestones are met by 10:00 AM daily . Monitor KPIs such as on-time delivery rate, error rate, and cash reconciliation accuracy to maintain a 98.5% operational excellence benchmark across monthly performance reports . Own overdraft management workflows, ensuring client overdrafts are flagged within 30 minutes of detection and resolved per client-specific policy documents. Document end-to-end cash delivery processes in State Street’s internal process logs and share client interaction summaries via Confluence with daily update frequency . Resolve client-reported cash discrepancies using cash reconciliation tools and validate outcomes against daily balance statements to achieve a 99% satisfaction rate . Verify all cash operations comply with SEC Regulation S-X and internal overdraft compliance protocols during quarterly audit cycles . This role demands direct ownership of cash operations, where every action influences client cash availability , compliance outcomes , and service delivery accuracy across real-time transaction systems . Required Skills & Technical Competencies The role requires a precise technical profile focused on cash operations, with each skill applied in real-world banking environments to ensure accuracy and compliance. Technical Skills Cash Delivery Processing — intermediate — applied in daily execution of cash delivery workflows using State Street’s Cash Delivery Tool (CDT) to ensure SLA compliance and transaction traceability . Cash Sweep Operations — intermediate — used to automate cash reallocation across 10+ client accounts via State Street’s Cash Sweep Engine , improving cash utilization by 15% per cycle. Client Deliverable Tracking — intermediate — leveraged through Deliverable Tracking Dashboard to monitor client milestone progress and ensure timely delivery by 10:00 AM daily . KPI Monitoring — intermediate — involves analyzing error rate , on-time delivery rate , and reconciliation accuracy to maintain a 98.5% operational excellence benchmark. Overdraft Management — intermediate — implemented through client-specific policy checks and real-time overdraft alert triggers in State Street’s Compliance Engine . When preparing your resume or interview, emphasize hands-on experience with Cash Delivery Tool (CDT) , Cash Sweep Engine , and Deliverable Tracking Dashboard with measurable outcomes such as error reduction or SLA adherence . Eligibility Criteria This role is designed for candidates with a finance or business degree and demonstrated experience in cash operations or financial services environments. Must hold a degree in finance, business, or a related field with a minimum 60% CGPA to ensure foundational knowledge of cash and banking operations. Eligible for 2023, 2024, 2025, and 2026 batches, allowing fresh graduates to apply academic knowledge in real-world banking operations. Requires at least 2 years of relevant experience , with freshers eligible if they meet academic criteria and have practical exposure. Minimum 60% academic performance is preferred to validate strong understanding of financial principles and cash flow dynamics. Projects or internships in cash management , banking operations , or client service delivery are advantageous and will be evaluated. Must provide a portfolio demonstrating hands-on work in cash delivery , client deliverables , or operational tracking tools. Documentation & Portfolio Requirements Your resume must include a clear section on cash delivery processes , client deliverable tracking , and operational KPIs with specific tools used and outcomes achieved. For this role, prioritize showcasing experience with State Street’s Cash Delivery Tool (CDT) , Deliverable Tracking Dashboard , and KPI monitoring reports — include specific metrics such as error reduction , SLA adherence , or compliance rate to demonstrate technical competence. Salary for Core Operations, Senior Associate at State Street 💰 Compensation Not Disclosed The advertised compensation for the Core Operations, Senior Associate role at State Street is Not Disclosed . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Core Operations, Senior Associate Upskilling with the right resources significantly enhances your chances of selection for this specific role, ensuring you meet the required competencies. Recommended Courses & Resources Operational Excellence — This course equips you with essential skills for optimizing cash operations. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor the resume to highlight cash management experience — fix by emphasizing relevant skills and projects. ❌ Overlooking the importance of KPI monitoring in the application — fix by explicitly mentioning any related experience. ❌ Neglecting to research State Street's operations — fix by understanding the company's role in global cash management. ❌ Submitting a generic cover letter — fix by personalizing it to reflect interest in the specific role and company. ❌ Ignoring the eligibility criteria — fix by ensuring all qualifications and experience align with the job requirements. ❌ Not preparing for potential interview questions related to cash operations — fix by reviewing common industry scenarios. Before You Apply — Checklist ✅ Research State Street 's operations and values before applying. ✅ Tailor your resume to highlight relevant skills and experiences. ✅ Prepare a personalized cover letter that reflects your interest in the role. ✅ Ensure all eligibility criteria are met before submission. ✅ Double-check application materials for accuracy and completeness. ✅ Follow the application instructions carefully on the State Street portal. ✅ Set reminders for application deadlines to ensure timely submission. ✅ Prepare for potential interviews by reviewing cash management scenarios. Resume Tailoring & ATS Keywords for Core Operations, Senior Associate Optimizing your resume for ATS is crucial for standing out in the application process for this role. ATS Keywords to Include Cash Delivery Processing Cash Sweep Operations Client Deliverable Tracking KPI Monitoring Operational Excellence Overdraft Management Senior Associate Investable Cash Team Timely Processing Client Satisfaction Global Delivery Pune Resume Tips for This Role Highlight relevant experience in cash management or finance to align with the role's requirements. Emphasize skills in KPI monitoring and operational excellence , as these are critical for success at State Street . Include any projects or internships related to cash delivery or financial operations to showcase practical experience. Optimize your resume for ATS by including keywords from the job description, particularly those related to cash management. Avoid including unrelated work experience or generic skills that do not pertain to the banking and finance sector. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro tip: Avoid including generic skills or unrelated work experience in your resume for this role. How to Apply for Core Operations, Senior Associate at State Street Apply Now — State Street Visit the State Street application portal and create an account. Upload your resume, ensuring it highlights relevant skills and experiences. Fill out the application form carefully, providing accurate information. After submission, expect a confirmation email regarding your application status. Track your application progress through the State Street portal. Applications reviewed on rolling basis — early submission recommended. Apply Now — State Street NexisGrow.com does not charge any fees for job applications. State Street State Street is a global banking and finance company with a presence in Hinjewadi, Pune, India . The Core Operations, Senior Associate role is onsite and operates within the banking & finance industry. This position supports client deliverables and operational excellence in a structured team environment. The Investable Cash Team manages cash availability, forecasting, and sweep operations. Responsibilities include processing cash deliveries, payments, and ensuring timely client deliverables. The team monitors KPIs and maintains accuracy in operational tasks to meet client timelines. This role is part of State Street ’s Global Delivery structure, where cash management functions are supported in Pune for the US region. It enables freshers to gain hands-on experience in real-time cash tracking and overdraft monitoring. This role offers early-career exposure to cash sweep operations , client deliverable tracking , and operational excellence within global cash management practices. It builds foundational skills in cash processing and KPI monitoring . Company Details Industry Banking & Finance Location HINJEWADI, PUNE, INDIA Connect With Us Careers Apply Now Website 🔗 statestreet.wd1.myworkdayjobs.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Core Operations, Senior Associate at State Street? Eligibility Tap to expand + Answer Candidates with a relevant degree from batches 2023 to 2026 and at least 2 years of experience. ? What technical skills are most important for this role? Skills Tap to expand + Answer Key skills include Cash Delivery Processing, Cash Sweep Operations, and KPI Monitoring. ? What is the expected salary for this position? Salary Tap to expand + Answer Salary details are not disclosed, but industry benchmarks suggest ₹6-10 lakhs per annum. ? What should I expect after applying for Core Operations, Senior Associate at State Street? Hiring Process Tap to expand + Answer Expect an application review followed by a screening process. ? How should I prepare for the Core Operations, Senior Associate interview at State Street? Preparation Tap to expand + Answer Review cash management scenarios, understand KPI monitoring, and prepare to discuss relevant experiences. ? Is this role work from home, hybrid, or onsite? Work Mode Tap to expand + Answer This role is onsite in Hinjewadi, Pune. ? What is the career growth after joining State Street as Core Operations, Senior Associate? Growth Tap to expand + Answer Exposure to global cash management practices provides a solid foundation for career advancement. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer Emphasize cash management experience, KPI monitoring skills, and relevant projects. ? Is there a last date to apply for this role? Application Tap to expand + Answer Check the State Street application portal for specific deadlines. ? Is there a probation period at State Street? Probation Tap to expand + Answer Probation details are not specified in the job description. ? What is the work culture like at State Street? Culture Tap to expand + Answer The work environment is onsite, focusing on client deliverables and operational tasks. ? Can freshers apply for this role at State Street? Fresher Tap to expand + Answer Yes, freshers from eligible batches are encouraged to apply. 🔗 Explore More on NexisGrow More jobs in HINJEWADI Browse all Non-Tech jobs Latest Fresher jobs More jobs at State Street Work From Home jobs Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. NexisGrow.com charges zero application fees. 👉 Apply Now — Official Link NexisGrow.com does not charge any application or registration fees. Beware of fraudulent offers. Naukri ki baat, NexisGrow ke saath • NexisGrow.com