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Securities Settlement Section, Senior Associate

State Street Bank Luxembourg S.A.
Location:
Munsbach
Payment:
non communiqué
Last updated:
17 February 2026
Contract Type:
Permanent
Hours:
Full Time
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Job Description

Who we are looking for 

We are looking for a Senior Associate reporting directly to Section Head of Settlement Section You will be in charge to take care all tasks dedicated to the function, in accordance with the policies and procedures in place. 

 

Why this role is important to us 

The team you will be joining is a part of Securities Service Department / Settlement Section, a function that is vital to the company as they are in charge to monitor client’s instructions, to supervise the settlement of trade instructions on several markets. 

 

What you will be responsible for 

  • Ensure the proper execution of the tasks dedicated to the function, in accordance with the policies and procedures in place. Drive the accurate and timely completion of all settlement-related activities, ensuring strict adherence to internal controls, regulatory requirements, and established operational procedures. Proactively identify discrepancies or risks, escalate issues when needed, and contribute to maintaining a high‑quality, compliant settlement environment. 
  • Participate to improve market practices knowledge among the team. Actively contribute to the team’s expertise by sharing insights on evolving market standards, regulatory changes, and operational best practices. Support continuous learning initiatives, provide guidance to colleagues, and help strengthen the team’s overall understanding of industry developments that may affect settlement processes. 
  • Endorsing the role of Section Head back-up in case of absences. Serve as a reliable back‑up to the Section Head, ensuring continuity of daily operations during absences. Take responsibility for overseeing task allocation, monitoring team workflow, supporting decision‑making, and maintaining effective communication with internal and external stakeholders to guarantee seamless service delivery. 
     

 

What we value  

These skills will help you succeed in this role 

  • Pro-active, Analytical, communication and problem-solving mind 
  • Constant focus on quality and client service 
  • Team spirit, flexibility, accuracy 
  • Capable of dealing with facts and figures 
     

Education & Preferred Qualifications 

  • Bachelor in Accounting  
  • Banking or Economics experience min 3 years
  • Knowledge of financial instruments 
  • Excellent overall banking knowledge  
  • Proficiency in both written and spoken English 
  • Knowledge of different settlement messages (MT54X)
  • Knowledge of Crest, Fedwire, DTC, Euroclear markets
     

Additional requirements 

  • MICROSOFT SUITE (VBA proficiency is an asset) 
  • Proficiency in Custody and Banking Systems  
  • SWIFT Alliance 
     

Work Requirement 

  • Late Shift until 07.00PM  
     

 

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.


Related Sectors:
Accountancy / Finance , Banking , Financial Services
Related Locations:
Luxembourg

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