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Financial Reporting, Associate 2 - 12 Months Fixed Term Contract

State Street Corporation
Luxembourg, Luxembourg
Closing date
Jun 28, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
We are offering a fixed-term contract (part time possible) due to a short-term replacement of an Associate II position for 12 months within the "SCD Financial & Regulatory Reporting" team in Luxembourg.
Various tasks in a highly motivated team and an ambitious client with an exclusive relationship are waiting for you.
We provide comprehensive support for our German-speaking client. (among our top 5 clients in terms of AuA). Our tasks include the following topics:
  • Financial Reporting
  • Regulatory Reporting,
  • Client End Reporting

Why this role is important to us
You will work in a team of experts and collaborate with our centers of excellence in Germany and Poland as partners. As a result, we exclusively communicate with the client, auditors, authorities and internal clients.
Join us in order to deliver excellent services and ensure high service deliverables.

What you will be responsible for
As a proficient team member you will be responsible for:
  • Preparation of semi annual reports and coordination between client and auditor.
  • Timely completion and submission of all regulatory reports (i.e. CSSF, BCL), in alignment with regulatory reporting requirements.
  • Communicate with the client, authorities and external auditors, answer and handle issues and queries and escalate as needed; acting with a sense of urgency to meet required deliverables.
  • Contribution for business transformation (technical and planning) and work with the team to ensure proper governance and controls are in place.
  • Participate in the development, testing and implementation of new systems to increase productivity through the usage of information systems and other tools.
  • Be part of central point of contact for technical issues encountered in the daily business to reduce to a minimum the number of queries to the client(s); track issue trends and escalate as needed.
  • Involvement by the adoption of new tools and solutions and strongly support technical team within the department on preparation to migration, new ideas etc.
  • Ensure review of corporate documentation of processes, procedures and controls; evaluate their continuing effectiveness and accuracy from operation and risk perspective together with the team.

What we value
Necessary Skills:
  • Fluent/very good knowledge of spoken and written German (German Client and German outputs/ reports), at least German as 2nd language.
  • Good knowledge of spoken and written English, any other language will be a benefit as well.
  • PC skills with very good knowledge of MS Office (Excel).
  • Having first experience in project work / coordination will be an advantage.
  • Change management oriented.

Additional Skills:
  • Good understanding of financial services and investment products.
  • Robust knowledge of Financial Reporting and/or audit processes.
  • Demonstrate ability to meet deadlines, must be able to manage time effectively.
  • Strong attention to detail and a focus on service.
  • Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
  • Enquiring mind and a willingness to investigate, be solution-oriented and curious.
  • Ability to communicate effectively, respectfully and trustfully with colleagues and business partners at all levels.

Education & Preferred Qualifications
  • At least min 2 years of relevant experience.
  • BA/MA degree in a related field, e.g. accounting.
  • Any lateral entrant will be welcomed when it fits with the required skills.

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

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