Full-Time
Trading & Asset Servicing Operations Specialist
Posted on 8/19/2026
State Street
10,001+ employees
Asset management and custody for institutions
Compensation Overview
$70k - $130k/yr
Company Historically Provides H1B Sponsorship
Dallas, TX, USA
In Person
Bachelor's
 Quantitative Finance (1) |
|---|
Get referred to State Street
See people who can refer or advise you
- Strong experience in broker-dealer or custody operations, with a focus on trading operations and/or asset servicing.
- A solid understanding of trade lifecycle processes, including order support, allocations, settlement, and exception handling.
- Experience working in time-sensitive, event-driven environments, such as trading floors or corporate actions teams.
- Familiarity with multi-asset-class operations, including equities, fixed income, mutual funds, alternatives, and derivatives.
- Experience supporting advisor-facing servicing models, particularly for trading inquiries and issue resolution.
- Ability to manage time-critical workflows and competing priorities with strong attention to detail.
- Experience with reconciliation, breaks, and operational controls across trading and servicing activities.
- Ability to operate in a fast-paced build environment with evolving processes.
- Ability to analyze operational key performance indicators, organize performance metrics reporting, and identify trends and outliers.
- Familiarity with internal and external audit requests and regulatory exams involving the Financial Industry Regulatory Authority and Securities and Exchange Commission.
- An undergraduate degree.
- At least five years of experience in broker-dealer, custody, or financial services operations, with a focus on trading and/or asset servicing.
- Support end-to-end trade lifecycle execution, including trade support, allocations, booking, and exception management, ensuring accuracy and timeliness.
- Provide advisor-facing trading support, including handling inbound inquiries, trade issues, and time-sensitive requests with clear communication and rapid resolution.
- Execute and support asset servicing and corporate actions processing, including voluntary and mandatory events, elections, and entitlements.
- Assist in managing event-driven workflows, ensuring corporate actions, market events, and deadlines are tracked and executed accurately.
- Support multi-asset-class operations, including equities, mutual funds, fixed income, alternatives, and derivatives, including listed options.
- Identify and escalate trade breaks, operational discrepancies, and servicing issues, ensuring timely resolution and control.
- Partner with Client Service and advisors to resolve inquiries and provide updates on trading activity and servicing events.
- Coordinate with cross-functional teams, including Cashiering, Account Operations, and Transfers.
- Support reconciliation, breaks resolution, and exception management across trading and asset-servicing activities.
- Assist in managing vendor and clearing-firm interactions, ensuring alignment on trade processing, servicing, and issue resolution.
- Support regulatory and reporting activities, including daily execution and monitoring of Consolidated Audit Trail reporting and exception management and reconciliation, Rule 606 reporting requirements, and operational data integrity.
- Contribute to the development and refinement of operational workflows, controls, and procedures.
- Leverage Salesforce, middle-layer platforms, and artificial-intelligence-enabled workflows to improve efficiency, transparency, and turnaround times.
- Maintain documentation, audit trails, and readiness for regulatory exams and internal reviews.
- Familiarity with introducing broker-dealer models and clearing-firm relationships, with Apex preferred.
- Experience leveraging workflow tools and platforms, with Salesforce preferred.
- Industry licenses such as Series 7 or Series 57, or willingness to obtain them.
- Series 4, Series 24, and/or Series 53 licenses.
- Experience in an introducing broker-dealer or registered investment adviser custody model.
State Street provides asset management and custody banking services for institutional investors worldwide, with State Street Global Advisors managing portfolios and offering advisory services. It generates revenue from asset management fees, transaction fees, and custody/administration fees, plus income from its own investments and lending activities. The company differentiates itself through its global scale and focus on institutional clients, offering integrated asset management, custody, administration, research, and trading across a broad network. Its goal is to help institutional clients meet their financial objectives by delivering comprehensive investment, risk management, and custody solutions on a global platform.
Company Size
10,001+
Company Stage
IPO
Headquarters
Boston, Massachusetts
Founded
1792
Get referred to State Street
See people who can refer or advise you
Simplify's Take
What believers are saying
- Q2 2026 revenue rose 16.7% to $4.05 billion; EPS beat by 9.2%.
- State Street won $87 million servicing fees and $384 billion new AUC/A in Q2.
- The August 2026 preferred offering raised about $497 million for capital flexibility.
What critics are saying
- State Street plans $500 million severance through 2029 for cloud automation and headcount cuts.
- The LatAm acquisition needs regulatory approval, delaying synergies until 2027.
- If asset-servicing fees keep falling, State Street becomes a low-return utility.
What makes State Street unique
- State Street controls $57.86 trillion AUC/A and $6.28 trillion AUM, dominating institutional plumbing.
- The Santander CACEIS Latam deal adds $470 billion custody in Brazil, Mexico, Colombia.
- Dublin and Kilkenny investments deepen State Street’s global operations and cybersecurity footprint.
Help us improve and share your feedback! Did you find this helpful?
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
Company News
State Street Corporation has launched a public offering of 500,000 depositary shares, each representing one-hundredth of a Series L perpetual preferred stock share. The new Series L class features fixed-rate reset dividends aligned with risk-free rates. The company filed a Form 8-K on 5 August 2026 detailing the preferred stock amendments and offering structure. The depositary shares allow both institutional and retail investors to access the Series L preferred stock without committing to full shares, potentially broadening the investor base. State Street also announced it is changing its fiscal year to align with the calendar year, improving comparability with industry peers and streamlining tax filings. The company confirmed compliance with SEC regulations and reported no material adverse events. The perpetual structure provides State Street with capital structure flexibility whilst offering investors long-term income opportunities.
BlackRock positions tokenized cash for the stablecoin era. BlackRock is expanding deeper into tokenized finance, this time targeting one of the fastest-growing opportunities created by U.S. stablecoin regulation: managing the assets that sit behind digital dollars. The world's largest asset manager has introduced two blockchain-based money market products designed to qualify as reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. The first, BlackRock Select Treasury Based Liquidity Fund, or BSTBL, is a tokenized share class of an existing BlackRock money market fund. Shares are available on Ethereum, giving institutional investors blockchain-based access to a traditional Treasury-focused liquidity product. The second, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, or BRSRV, is a newly created money market fund designed specifically with stablecoin reserves in mind. It offers daily dividend reinvestment and is being made accessible across multiple blockchains. Securitize serves as its transfer agent and tokenization provider. The launches point to a potentially significant consequence of stablecoin regulation. Stablecoin issuers generally need highly liquid, low-risk assets backing the tokens they put into circulation. Under the U.S. regulatory framework, that means instruments such as cash, Treasury securities and qualifying investment products. For large asset managers, those reserve requirements create a new pool of institutional money to manage. BlackRock has made clear that it wants a significant role in that market. The company already manages about $60 billion in reserves for Circle, the issuer of USDC, according to comments from BlackRock Chief Financial Officer Martin Small during its second-quarter earnings call. That represents a substantial share of a stablecoin market now valued at roughly $300 billion. BlackRock is not entering tokenized finance from scratch. In 2024, it launched the BlackRock USD Institutional Digital Liquidity Fund, better known as BUIDL, with Securitize. The tokenized money market fund has since grown to approximately $2.5 billion in assets and has increasingly been used within crypto markets as collateral. BSTBL and BRSRV take the strategy a step further. Instead of simply putting an investment fund on a blockchain, BlackRock is positioning tokenized funds as part of the financial infrastructure supporting regulated stablecoins. The opportunity has also attracted competitors. State Street, Franklin Templeton, Invesco and other large asset managers are developing products aimed at the growing market for stablecoin reserves and tokenized cash. This could create an unusual relationship between traditional asset management and digital currencies. Stablecoins are sometimes portrayed as competitors to traditional finance because they can move money outside conventional banking and payment networks. Yet their growth may simultaneously create demand for some of Wall Street's most traditional products: Treasury securities and money market funds. Tokenization adds another layer. Reserve assets themselves can increasingly exist in blockchain-compatible form, potentially allowing issuers to manage liquidity, collateral and settlement within the same digital infrastructure used for stablecoins. BlackRock has argued to U.S. regulators that tokenized versions of eligible reserve assets should not face additional limits merely because they are recorded on a distributed ledger. The company maintains that credit quality, duration and liquidity - rather than the underlying technology - should determine an asset's risk. That position offers a clue to where the market may be heading. Stablecoins may be crypto-native products, but the infrastructure beneath them is rapidly becoming institutional. As regulation defines what issuers can hold, major asset managers are competing to manage those reserves and bring them on-chain. BlackRock's latest launches suggest that the stablecoin boom may ultimately create as much opportunity for traditional finance as it does for crypto companies.
Catch the latest updates from Australia's premier stock exchange & market indices.
Catch the latest updates from Australia's premier stock exchange & market indices.
State Street appoints Kenneth Vamshi as Managing Director. Prior to joining State Street, Vamshi was associated with HSBC for more than 22 years State Street has appointed Kenneth Vamshi as Managing Director, with Hyderabad serving as his base of operations. A seasoned finance and transformation leader, Vamshi brings deep expertise in finance operations, digital transformation and the establishment of global capability centres (GCCs). Over the course of his career, he has spearheaded finance transformation programmes and built GCCs across complex, multi-country business environments. Vamshi joins State Street after spending more than 22 years at HSBC. In his most recent role, he served as Senior Vice President, Head of Digital Finance and GCC Site Head, where he led digital finance initiatives and oversaw the company's GCC operations.