State Street

Alternative Investment Services Officer

State Street

full-time

Posted on:

Location Type: Office

Location: Quincy • Massachusetts • 🇺🇸 United States

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Salary

💰 $60,000 - $90,000 per year

Job Level

Mid-LevelSenior

About the role

  • Account for the day-to-day management of a functional team(s) and manage daily service delivery and production activities performed by staff
  • Primary contact and key escalation point for operational issues, provide technical expertise to resolve daily problems
  • Act as primary contact and escalation point for operational issues
  • Manage and escalate issues related CoE’s and other Shared Services
  • Manage production activities of Shared Service Associate I, II and Senior Associate
  • Coordinate the implementation of new funds, systems and processes.
  • Assist with client conversions and other client projects
  • Organize Shared Service internal meetings, as needed, and compiles related documentation, assisting with the coordination and development of the agenda and may attend meetings to record notes and action items
  • Identify and implement consistent operational best practices
  • Assist with compliance/fiduciary reviews and audits
  • Train, develop and motivate new staff, complete performance appraisals
  • Provide coaching and development opportunities to staff, participate in individual on-going training and development
  • Serve on committees.
  • Help define and implement new company initiatives
  • 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 escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
  • Other duties as assigned

Requirements

  • Equivalent to a BS degree in Finance, Business or related field
  • At least 5 years of related Custody and/or Fund Accounting experience, part of which must have been in a management or supervisory capacity.
  • Knowledge of securities language and legal requirements.
  • Good interpersonal, organizational and management skills.
  • Solid understanding of operational functions within Fund Accounting.
  • Ability to provide technical expertise to resolve daily problems.
  • Demonstrated computer proficiency and working knowledge of various software applications.
  • Ability to develop and enhance client relationships.
Benefits
  • 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
Custody experienceFund Accounting experienceSecurities language knowledgeOperational functions understandingTechnical expertiseCompliance reviewsFiduciary reviewsPerformance appraisalsClient conversionsBest practices implementation
Soft skills
Interpersonal skillsOrganizational skillsManagement skillsCoachingDevelopment opportunitiesMotivationCommunicationProblem-solvingTeam managementMeeting coordination
Certifications
BS degree in FinanceBS degree in BusinessManagement certificationFund Accounting certificationCompliance certificationFinancial analysis certificationProject management certificationOperational management certificationSecurities certificationAudit certification