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About the Role
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. You will strive for cutting-edge solutions that are straightforward and scalable, helping to build resilience and execute day-to-day deliverables at your best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
Responsibilities
- Account for the day-to-day management of a functional team(s) and manage daily service delivery and production activities performed by staff
- Serve as the primary contact and key escalation point for operational issues, providing technical expertise to resolve daily problems
- Manage and escalate issues related to CoE’s and other Shared Services
- Manage production activities of Shared Service Associate I, II and Senior Associate
- Coordinate the implementation of new funds, systems, and processes
- Assist with client conversions and other client projects
- Organize Shared Service internal meetings, compile related documentation, and assist with agenda coordination and development
- Identify and implement consistent operational best practices
- Assist with compliance/fiduciary reviews and audits
- Train, develop, and motivate new staff, and complete performance appraisals
- Provide coaching and development opportunities to staff, participating in individual ongoing training and development
- Serve on committees and help define and implement new company initiatives
- Identify any unusual or potentially suspicious transaction activity and report/escalate in accordance with corporate policy
- Perform other duties as assigned
Requirements
- Knowledge of securities language and legal requirements
- Good interpersonal, organizational, and management skills
- Solid understanding of operational functions within Custody and/or Fund Accounting
- Ability to provide technical expertise to resolve daily problems
- Demonstrated computer proficiency and working knowledge of various software applications
- Ability to develop and enhance client relationships
Experience Level
- At least 5 years of related Custody and/or Fund Accounting experience
- Part of which must have been in a management or supervisory capacity
Education Level
- Equivalent to a BS degree in Finance, Business or related field
Salary/Compensations
- $70,000 - $122,500 Annual
Benefits
- Competitive and comprehensive benefits packages
- Generous medical care, insurance, and savings plans
- Flexible Work Programs
- Development programs and educational support
- Retirement savings plan (401K) with company match
- Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
- Access to our Employee Assistance Program
- Incentive compensation including eligibility for annual performance-based awards
- Eligibility for certain tax advantaged savings plans
- Paid volunteer days
- Matching gift programs
- Access to employee networks
About the Company
- State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world.
- We are making our mark on the financial services industry through technology and product innovation.
- For more than two centuries, we have been helping 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.
- We make all efforts to create a great work environment.
- We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential.
- We are an essential partner in our shared success, offering inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks.
- We are looking for individuals to join us in shaping the future.
Equal Opportunity
- 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.
- 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.