Core Operations, Senior Associate

State Street; Quincy (MA); On-site; USD 52,000 - 84,760; Full time

Benefits offered by this job

401K with company match

Comprehensive insurance coverage

Paid-time off including vacation and sick leave

Employee Assistance Program

Job summary

State Street is seeking a Senior Associate for their Quincy office to service Private Equity Custody Clients within the Custody division. The role involves maintaining client relationships, managing workflows, and ensuring daily updates on reporting.

The ideal candidate should possess a Bachelor’s degree in Finance, have 3+ years of experience, and advanced Excel skills. This position offers a competitive salary ranging between $52,000 and $84,760 annually.

State Street values inclusion, diversity, and community engagement, providing comprehensive benefits and development programs for employees.

Qualifications

• 3+ years of financial services experience.
• Advanced Excel skills (advanced formulas, pivot tables, VLOOKUP).
• Exceptional interpersonal & communication skills.

Responsibilities

• Review reporting to ensure deliverables are met for client inquiries.
• Heavy client interaction on a daily basis.
• Manage internal workflow and client deadlines.
• Identify suspicious transaction activity and report accordingly.

Skills

Critical thinking

Problem-solving

Excellent administrative skills

Ability to multitask

Education

Bachelor’s degree in Finance

Tools

Excel

Job description

Who We Are Looking For

We are looking for a Senior Associate for our Quincy office location to service Private Equity Custody Clients for our Custody division of our Alternative Investment Solutions Group. They will partner with both clients and colleagues to establish the workflow and ensure client reporting is updated daily.

Why this role is important to us

The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

What You Will Be Responsible For

• Review reporting to ensure deliverables are met for client inquiries.
• Heavy client interaction on a daily basis.
• Maintain working relationship with all client contacts.
• Manage internal workflow and client deadlines.
• During the course of normal day-to-day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escape in accordance with corporate policy and guidelines.

What We Value

• Strong critical thinking, problem solving, and decision making skills
• Excellent administrative and organizational skills
• Ability to multitask and work efficiently to meet client deliverables.

Education & Preferred Qualifications

• Bachelor’s degree in Finance
• 3+ years of financial services experience
• Advanced Excel skills (advanced formulas, pivot tables, VLOOKUP).

Additional Requirements

• Exceptional interpersonal & communication skills
• The ideal candidate will be a well-organized, detail-oriented, analytical individual with exceptional interpersonal and communication skills. Candidates must demonstrate the ability to simultaneously handle multiple assignments and work under pressure while working efficiently to meet client deliverables.

About State Street

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

Salary Range

$52,000 - $84,760 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes a 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.

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.

Job ID: R-791764