Core Operations, Senior Associate

STATE STREET CORPORATION; Quincy (MA); On-site; USD 52,000 - 85,000; Full time

Job summary

State Street Corporation in Quincy, MA is seeking a Senior Associate to oversee Corporate Actions Operations with a focus on high-risk processes spanning international markets.

The role emphasizes instruction processing within corporate actions and involves staff training, risk management, and daily escalation resolution, while serving as the main contact for client service inquiries.

Qualifications

• Minimum 3 years within Corporate Actions (instruction processing preferred).
• Knowledge of securities language preferred.
• Strong interpersonal, organizational and attention to details skills.
• Must be deadline oriented with the ability to provide technical expertise to resolve daily problems.

Responsibilities

• Oversight, development and risk management of corporate actions operations.
• Training of staff around corporate actions complexities.
• Meeting of Corporate Obligations.
• Project work, inclusive of Robotics.
• Daily escalation resolution.
• Main point of contact around Client Service inquiries.
• Familiarity with risk reporting.

Skills

Critical thinking

Problem solving

Decision making

Interpersonal skills

Organizational skills

Attention to detail

Written and verbal communication

Education

B.S. degree in accounting or Finance

Job description

Who we are looking forResponsible for oversight over Corporate Actions Operations. Will need to manage high risk processes that span international markets. Focus will mainly be around voluntary corporate action activity and could include complexities such as securities finance, middle office, and international custody. Ideal candidate has experience within the corporate action field, specifically, within the instruction processing area.Why this role is important to usThe 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.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 forAs Senior Associate you willOversight, development and risk management of corporate actions operationsTraining of staff around corporate actions complexitiesMeeting of Corporate ObligationsProject work, inclusive of RoboticsDaily escalation resolutionMain point of contact around Client Service inquiriesFamiliarity with risk reportingWhat we valueThese skills will help you succeed in this roleHere you can name key skills like: strong critical thinking, problem solving, and decision making skills>You can mention some examples of experience in managing large scale, multi-location projects>Please, try not to exceed 5 bullet points>Education & Preferred Qualificationsstrong critical thinking, problem solving, and decision-making skillsproject workescalate potential risk itemssubject matter expert within the corporate action spaceAdditional requirementsB.S. degree in accounting or Finance preferredMinimum 3 years within Corporate Actions (instruction processing preferred).Knowledge of securities language preferred.Knowledge of custody/accounting systems preferredStrong interpersonal, organizational and attention to details skills.Strong written and verbal communications.Must be deadline oriented with the ability to provide technical expertise to resolve daily problems.About State StreetWhat 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/careersSalary Range:$52,000 - $84,760 AnnualThe 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.Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.For a full overview, visit https://hrportal.ehr.com/statestreet/Home .About State StreetAcross 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.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementJob 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.