Core Operations Associate
As a Core Operations, Associate 2, you will share responsibility with lead, manager and staff for resolving any issues related to processing activities and for accurate and timely processing and delivery. You will also interact with internal and external clients to provide comprehensive support including complex accounts. Coordinates the review and processing of documentation to open international accounts for clients, onboard new business into State Street, closing of accounts, amendment processing and management of the renewal process in markets where investment licenses expire and require documentation for renewal.
Job Duties and Responsibilities:
• Carry out core and complex processing activities in accordance with established procedures
• Ability to multitask, ensure accuracy and execute against pre-determined deadlines
• Perform custom work for complex funds, look for ways to standardize when possible
• Handle complex issues and escalate as needed acting with a sense of urgency
• Accountable for quality, accuracy and timeliness of results
• Train staff on basic principles of process
• Identify and report all risk and compliance issues, breaches and suspicious activities
• Build and manage the flow of information and data to ensure an accurate output with limited issues and exceptions
• Act in accordance with Risk Excellence as part of our Way Ahead foundation
• Share responsibility with lead, manager and staff for resolving any issues related to processing activities and for accurate and timely processing and delivery
• Maintain specialist knowledge and skills that are essential in performing the job effectively
• Interact with internal and external clients to provide comprehensive support including complex accounts
• During normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
Qualifications:
• Bachelor's degree or equivalent work experience and a focus in Finance or related field preferred; 1-2 years of related experience
• Must be detail oriented and deadline driven
• Proficient in MS Office
• Adhere to company policies and guide
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:
$41,600 - $60,320 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.
