Full-Time

Middle Office Transaction Management – Senior Associate

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

$64.5k - $91kAnnually

Mid, Senior

Company Historically Provides H1B Sponsorship

Berwyn, PA, USA

Category
Asset Management
Risk Management
Finance & Banking
Requirements
  • 2-4+ years’ relevant experience.
  • Bachelor’s degree with a Business-related major, Accounting or Finance preferred.
  • Working knowledge of Excel and other Microsoft Office applications and experience with Bloomberg is a plus.
  • Strong accuracy aptitude and detail orientation.
  • Strong verbal written and interpersonal communication skills.
Responsibilities
  • Acts as a resource within the assigned business unit to problem-solve for complex issues with clients, counterparties and other internal teams.
  • Responds to inquiries from clients, custodians and brokers to ensure timely effective processing of requests.
  • Prepares, completes, and reviews standard client reporting.
  • Performs transaction processing tasks within the business unit as necessary to support processing routines.
  • Consults with peers to optimize the operating model.
  • Oversees and trains cross-cultural team daily processing.

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 Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

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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