Full-Time

Operations Client Service – Senior Associate

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Consulting
Financial Services

Compensation Overview

$52k - $75.4kAnnually

Junior, Mid

Company Historically Provides H1B Sponsorship

Sacramento, CA, USA

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Requirements
  • Bachelor’s degree, preferably within accounting, finance or economics
  • At least 2 years’ work experience in accounting, finance, mutual fund operations, loan servicing or related career
  • Strong computer competence (Microsoft applications, Excel, Word, etc.)
  • Strong critical thinking and problem solving skills
  • Accuracy and detail oriented mindset
  • Interpersonal and oral communication skills
  • Multitasking capability
Responsibilities
  • Support the identification and resolution of work processing issues to streamline operations.
  • Participate in task realignment activities including identification of work to be realigned, drafting procedures and providing training and support to new processing teams.
  • Monitor day-to-day service delivery of Business Unit shared service teams and COEs for assigned clients.
  • Respond in a timely manner to both internal and external inquiries.
  • Build and maintain strong client and inter-departmental relationships.
  • Escalate unresolved issues or problems to Officer/AVP/VP.
  • During the course of normal day-to-day operations, be responsible for identifying any unusual or potentially suspicious transaction activity and report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to innovation and leadership, particularly in promoting gender diversity and inclusion within the workplace. The goal of State Street is to provide high-quality financial services while fostering an inclusive environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-10%

2 year growth

-10%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.

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