Full-Time

Business Operations

Vice President

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$135k - $210kAnnually

Senior, Expert

Company Historically Provides H1B Sponsorship

Quincy, MA, USA

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
Risk Management
Excel/Numbers/Sheets
Requirements
  • Strong understanding of Retiree Services and Benefit Payment products
  • Experience managing retirement program's daily operations
  • Ability to meet deadlines and navigate changing priorities
  • Provide outstanding service internally & externally
  • Communicate effectively at all levels within the organization
  • Display organizational insight & influence while fostering collaboration & teamwork
  • Exercise sound judgment in all matters
  • Develop talent
  • Strong technical skills – ability to navigate on multiple systems; strong MS Office skills, especially Excel
Responsibilities
  • Account for daily management of team members and the maintenance of assigned accounts
  • Oversee the review, validation, approval and monitoring of the process workflow
  • Assess operational effectiveness and make suggestions to streamline functions
  • Manage key relationships with client companies, regulatory and vendor organizations
  • Manage and escalate issues related to BU Shared Service and COEs
  • Manage broad array of operating standards driving innovation, strategic opportunities and best practices
  • Manage conversions of new business, plan for and review client specific agreements and internal policies
  • Ensure BCP plans are valid and tested periodically
  • Manage departments direct and indirect budgets effectively
  • Establish and maintain files including highly confidential and sensitive information
  • Assess impacts of regulatory changes
  • Develop and implement process improvements
  • Provide coaching and development opportunities to staff
  • Make effective recommendations for promotions, salary increases and bonuses
  • Serve on committees and use influence to help define and implement new company initiatives
  • Lead and coordinate key initiatives and projects
  • Provide monthly and periodic certifications on business performance and activities
  • Mitigate potential financial and regulatory risk by overseeing, and resolving issues
  • Promote a risk awareness culture in staff
  • Participate in client calls and projects
  • Identify any unusual or potentially suspicious transaction activity and report accordingly
  • Perform other duties as required
Desired Qualifications
  • BS/BA degree
  • Experience managing staff
  • Excellent interpersonal and verbal & written communication skills
  • Ability to think strategically, while also detail & solution oriented
  • Background in tax reporting and compliance is preferred, or willingness to learn

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, by leveraging its global expertise to deliver customized financial solutions. State Street generates revenue through management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Unlike many competitors, State Street emphasizes innovation and leadership, actively promoting gender diversity and inclusion within its workforce. The company's goal is to create a supportive environment that fosters leadership and emotional authenticity, enabling all employees to succeed.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased ESG investing aligns with State Street's diversity and inclusion commitment.
  • Digital assets and cryptocurrencies offer growth opportunities for State Street's custody services.
  • The rise of passive investing and ETFs expands opportunities for State Street Global Advisors.

What critics are saying

  • Intensifying competition from firms like BlackRock and Vanguard may impact State Street's growth.
  • Regulatory scrutiny could increase compliance costs for State Street globally.
  • Technological advancements in fintech pose a threat to State Street's traditional banking model.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to innovation and inclusive leadership in financial services.
  • State Street Global Advisors offers tailored investment solutions to meet diverse client needs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus