Full-Time

Operations Client Service – Senior Associate

Posted on 2/7/2025

State Street

State Street

10,001+ employees

Asset management and custody banking services

Compensation Overview

$52k - $84.8k/yr

Mid, Senior

Company Historically Provides H1B Sponsorship

Sacramento, CA, USA

Category
Generalist Operations
Operations & Logistics
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Strong critical thinking and problem-solving skills.
  • Accuracy and detail oriented mindset
  • Interpersonal and oral communication skills
  • 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.)
  • 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 leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased ESG investing aligns with State Street's focus on sustainable solutions.
  • Digital assets and cryptocurrencies present new growth opportunities for custody services.
  • AI integration enhances operational efficiency in investment management and trading.

What critics are saying

  • Competition from fintechs may erode market share in asset management.
  • Mizuho acquisition could pose integration challenges and operational risks.
  • Investments in AI firms may expose State Street to technology adoption risks.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to innovation and leadership in diversity and inclusion.
  • State Street Global Advisors offers tailored investment solutions to meet unique 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

Company News

ETF Daily News
Apr 26th, 2025
Cerity Partners LLC Invests $164,000 in Palladyne AI Corp. (NASDAQ:PDYN)

State Street Corp acquired a new stake in Palladyne AI during the third quarter worth approximately $91,000.

ETF Daily News
Apr 11th, 2025
Arrowstreet Capital Limited Partnership Purchases 34,508 Shares of Life360, Inc. (NASDAQ:LIF)

State Street Corp acquired a new stake in Life360 in the 3rd quarter valued at $2,393,000.

ETF Daily News
Mar 19th, 2025
Monogram Orthopaedics (NASDAQ:MGRM) Given New $5.40 Price Target at Roth Mkm

Finally, State Street Corp purchased a new stake in Monogram Orthopaedics in the third quarter worth $62,000.

Finance Director Europe
Mar 18th, 2025
Nammu21 announces strategic investments from Nasdaq Ventures, State Street, and UBS

With fully automated technology, Nammu21 streamlines loan operations, improves productivity by eliminating the inefficiencies of manual inputs across legacy operating systems

MarketBeat
Mar 15th, 2025
Raymond James Financial Inc. Invests $44.07 Million in State Street Co. (NYSE:STT)

Raymond James Financial Inc. invests $44.07 million in State Street Co. (NYSE:STT).

INACTIVE