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About the Role
This role supports the control framework of State Street's global Agent Bank network, ensuring compliance with regulatory requirements. It's ideal for individuals interested in Global Custody, Market Infrastructure, Regulatory developments, and Third-Party oversight.
Responsibilities
- Support oversight of State Street's global Agent Bank network, ensuring deadlines are met.
- Support Forum management governance, control, and associated reporting.
- Support the annual Due Diligence review and risk assessment process.
- Partner with Legal, Audit, Compliance, Risk, Operations, Product, and Relationship Management teams on Network Management initiatives.
- Support external vendor Relationship Management and associated projects.
- Respond to internal and external inquiries regarding Network Management services/tasks.
- Support strategic Network Management initiatives.
- Identify and contribute towards continuous enhancements and efficiencies to Network Management related processes.
Requirements
- Bachelor's degree or equivalent experience.
- 1+ years of experience in custody, securities services, banking, financial markets, risk, compliance, operations, or a related field.
- Strong analytical, organizational, and problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to manage multiple priorities in a fast-paced, global environment.
- Proficiency in Excel, PowerPoint, and Microsoft Office applications.
Skills
- Global Custody
- Securities Settlement
- Market Infrastructure
- Due Diligence
- Third-Party oversight
- Audit
- Risk
- Compliance
- Agent Banks
- Central Depositories
- Regulatory frameworks
- Intellectual curiosity
- Market awareness
- Relationship Management
- Collaboration
- Attention to detail
- Risk awareness
- Client focus
- Service excellence
- Ability to work across regions and cultures
Location
- Global
Work Type
- Full-time
Experience Level
- Senior Associate
- 1+ years of experience
Education Level
- Bachelor's degree or equivalent experience
Salary/Compensations
- $52,000 - $87,880
Benefits
- Retirement savings plan (401K) with company match
- Medical, dental, and vision insurance
- Basic life insurance
- Long-term disability insurance
- Optional additional coverages
- Paid-time off (vacation, sick leave, short term disability, family care)
- Employee Assistance Program
- Incentive compensation
- Eligibility for annual performance-based awards
- Eligibility for tax-advantaged savings plans
About the Company
- Institutional investors rely on State Street to help them manage risk, respond to challenges, and drive performance and profitability.
- State Street is committed to fostering an environment where every employee feels valued and empowered to reach their full potential.
- Benefits include inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks.
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.