Full-Time

Product Specialist

Posted on 10/29/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$90k - $142.5kAnnually

Senior

Company Historically Provides H1B Sponsorship

Burlington, MA, USA

Category
Product Operations
Product
Required Skills
SQL
Requirements
  • Four (4) year degree in a technical field such as Finance, Economics, Financial Engineering, Mathematical Finance or another relevant field
  • MBA or CFA or FRM is preferable
  • Medium to advanced fixed income instruments derivative products knowledge
  • Thorough understanding of Trade Life Cycle and System Development Life Cycle
  • Experience in the Charles River application or any OMS/EMS is preferred
  • Prior trading support, Middle and Back Office Operations, Fund Accounting or Trading experience is highly preferred
  • Advanced working knowledge of Fixed Income, Derivative and Equity financial instruments
  • Strong communication and interpersonal skills, written and oral; confident in interaction with senior stakeholders
  • Strong analytical skills including process analysis. Very strong interest in the underlying detail of the analysis is a must
  • Demonstrate excellent process and project management skills
  • Ability to organize, prioritize, balance key tasks and manage time effectively
  • Comfortable facilitating project working groups and possesses strong data gathering skills
  • Must be customer driven, have the ability to work within a team environment, and be focused on providing a high quality of service to the customer
  • 5-10 years overall work experience in the world of Financial Technology
  • Basic SQL skills
Responsibilities
  • Respond to requests for technical assistance via phone, email or in person (remotely or on-site)
  • Diagnose software issues and recommend the appropriate solution
  • Analyze problems, answer questions and provide training related to the software
  • Identify and test workarounds for bugs or deficiencies in the software
  • Research issues dealing with third party software
  • Follow a standard set of procedures and methods when responding to customer requests or inquiries
  • Conduct research on questions and issues using available information resources and other product specialists
  • Contribute to the continuous enhancement and improvement of support processes and methods
  • Successfully handle 'sensitive' issue related situations that affect the perception of how CRD resolves customer problems
  • Manage special projects as required
  • Keep a detailed log of all customer interactions and prepare resolution reports for issues reported by the customer
  • Complete any other related task as assigned

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

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street benefits from the rise of ESG investing and diversity focus.
  • Expansion in Asia and the Middle East offers significant growth opportunities.
  • Innovation in ETFs and digital assets aligns with market trends.

What critics are saying

  • Increased competition from fintech firms challenges State Street's technological edge.
  • Overexposure to volatile biotech sectors could impact financial stability.
  • Geopolitical risks in the Middle East may affect regional operations.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to diversity and inclusion in financial services.
  • State Street leverages global market expertise to offer tailored financial solutions.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE