State Street Derivatives Operations Specialist, Associate 2 in Dublin City Centre, Ireland

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An opportunity exists for an Associate 2 position working in a challenging environment within the OTC derivatives centre of excellence in Kilkenny. For the right candidate this represents a good opportunity to gain extensive knowledge of OTC derivatives & the OTC market supporting global OTC trading books.

Reporting to a Senior Associate, this position is an opportunity for a recent graduate or second jobber to gain exposure to and invaluable knowledge of OTC derivatives and the trade supporting functions carried out by the Derivatives centre of excellence in Ireland.

Job Duties and Responsibilities


  • Carry out core and complex processing activities in accordance with established procedures
  • Ability to multitask, ensure accuracy and execute against pre-determined deadlines
  • Perform custom work for complex funds, look for ways to standardize when possible
  • Handle complex issues and escalate as needed acting with a sense of urgency
  • Accountable for quality, accuracy and timeliness of results
  • Train staff on basic principles of process
  • Identify and report all risk and compliance issues, breaches and suspicious activities
  • Act in accordance with Risk Excellence as part of our Way Ahead foundation
  • Perform related duties as assigned


  • Team Player
  • Self-Motivated and reliant
  • Enthusiastic
  • Uses Initiative


  • Financial or Business background
  • Knowledge of OTC derivative instruments is required
  • Previous experience in reconciliations required
  • An honours degree from a related / numeracy based discipline required

Core Competencies

  • Knowledge of or an interest in OTC derivative products (Interest Rate Swaps, Total Return Swaps, Credit Default Swaps, CFDs, Swaptions, FX Options)
  • Highly computer literate with a very good knowledge of Excel
  • Excellent analytical skills & attention to detail
  • Highly organised
  • Ability to work to tight deadlines
  • Preferably 1-2 years’ experience in a Derivatives/Reconciliations role.

  • State Street Job ID: 168363

  • Location: Dublin

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Job Title: Derivatives Operations Specialist, Associate 2

Job ID: 168363

Full/Part Time: Full FTE

Regular/Temporary: Regular

Location: Ireland - Dublin City Centre