Who we are looking for

Responsible for working on a team that performs Shared Services on behalf of our clients. Functions performed could include: trade capture, security master modelling, client onboarding, client query resolution and security valuations. Candidate will work across all Shared Service remits supporting wider AIS Middle Office team.  

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

Why the role is important

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 of institutional investors

What you will be responsible for

As a Senior Associate you will:

• Manage day-to-day tasks and ensure client deliverables are completed and accurate.

• Liaise with client regarding ad hoc issues, establish and maintain relationships with client, vendors and various SST service teams

• Co-ordinate system enhancements or new requirements on behalf of the team.  Responsible for the co-ordination of system testing and sign off.

• Engage with multiple stakeholders in managing strategic projects that bring cohesive end-to-end solutions to our clients. Strategically look to customize our service offering in a way that optimizes the proposed operating model.

• Supporting the Shared Services team lead in their role.  Ensure lead is kept up to date with relevant issues, escalating problems to the manager as they arise.

• Involved in new client take-on, initialization of funds, new team building, etc.

• People management – Interviewing, perform staff appraisals; address any staff performance issues, etc.

• Work alongside staff in Offshore locations (Poland/India/China)

• Manage training needs of team, ensure training gaps are identified and addressed.

What we value 

• In depth knowledge of some/all of the following products: Equity, Futures, Options, Fixed Income, FX, Derivatives (IRS, CDS, TRS, etc)

• Experience interfacing with security valuation agents like Markit PV, BVAL, ICE Data, JPM Pricing Direct

• Knowledge of trade order flow, security life-cycle events (settlements, corporate actions), SWIFT messaging and cash wire processing required.

• IT Literate – VBA experience a plus

• Strong verbal, analytical and written communication skills

• Experience with Advent Geneva Platform advantageous  

• Experience working in a virtual team environment

Education and Experience 

• Degree in Finance or Business-related area

• At least 3 years of middle office/operations experience preferred

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 Street

Across 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.

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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.