Who we are looking for
Account for the day-to-day management of a functional/oversight team(s) and manage daily service delivery and production activities performed by staff. Work in conjunction with individuals on the team as well as other Shared Service teams/COE's, outsource locations, Client Service and other business units to ensure seamless processing according to the fund's policies, to ensure NAV/yield accuracy and that all SLAs are met. As well as, Work collaboratively with teams and management across the organization on various projects, oversight, committees, KPIs, etc..
Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS' tools help our clients make better investment choices and act on growth opportunities.
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Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As an Officer you will
- Validate and review all daily activity while maintaining all required controls Research and resolve exceptions and issues.
- Manages the day-to-day activities and documented controls to ensure daily deliverables are met in a timely and accurate manner.
- Facilitates timely resolution of issues related to the production of the Fund Accounting NAV.
- Proposes and works to implement workflow changes and supporting technical solutions leading to improved productivity and profitability.
- Identifies and analyzes operations risks related to current and potential business and recommends procedural changes as needed.
- Uses quality service measurement tools to ensure compliance with operational standards with SLAs and SOPs and create management reporting as needed.
- During the course of normal day-to-day operation, responsible for identifying any unusual or potentially suspicious transaction activity and reporting and/or escalating in accordance with corporate policy and guidelines detailed in relevant operating procedures.
What we value
These skills will help you succeed in this role
- Strong Critical thinking, problem solving and decision making skills
- Excellent communication, organization, interpersonal planning, and analytical skills.
- Ability to effectively bring individuals from multiple areas together to resolve identified issues.
Education & Preferred Qualifications
- University degree in Business majoring in Accounting, Finance, or another Financial-related program.
- Preferred Focus in Accounting, Economics, Finance
- Prior relevant work experience of 4 to 6 years Deadline and detail oriented.
- Highly proficient with Microsoft Office Products (Excel, Word)
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs 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.
Discover more at StateStreet.com/careers
Salary Range:
$60,000 - $90,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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