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State Street

Holds assets for institutions and runs index funds

Client Onboarding – Senior Associate

Operations & LogisticsConfirmed live in the last 24 hours
Full-timeHyderabad, Telangana, IndiaNo salary listed

About the Job

Requirements

  • Five to eight years of experience in investment banking.
  • A bachelor's degree.
  • Ability to analyze problems and solve them.
  • Ability to work independently and collaboratively, multitask in a fast-paced environment, reprioritize tasks, and meet strict deadlines.

Responsibilities

  • Perform client-facing and onboarding functions for custody and third-party accounts.
  • Research and resolve client inquiries and service-related requests, escalating and directing issues for immediate remediation.
  • Execute operational tasks daily and weekly according to deadlines.
  • Ensure and review onboarding requests.
  • Conduct independent research to gather and record data from external sources while onboarding clients.
  • Interact with internal and external teams as required.
  • Apply knowledge of prime broker business.
  • Answer or review internal and external client queries related to trade breaks.
  • Perform four-eye reviews of onboarded accounts.
  • Analyze problems and obtain and evaluate information to reach sound conclusions.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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