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State Street

Holds assets for institutions and runs index funds

Product Specialist - Officer

IT OperationsConfirmed live in the last 24 hours
Full-timeBurlington, MA, USAIn-person

About the Job

Requirements

  • A bachelor's degree in a technical field such as Computer Science, Engineering, or another related technical discipline.
  • Up to 4 years of overall experience in financial technology and application production support.
  • Exposure to SQL and a fundamental understanding of relational database theory, including specific knowledge of Oracle or Microsoft SQL Server.
  • Exposure to one or more structured programming languages.
  • Extensive system administration experience, including system configuration management, resource sharing, and operating system fundamentals.
  • Relevant technical coursework and/or technical academic projects.
  • Proven ability to work in a mission-critical production support environment.
  • Thorough understanding of the trade lifecycle and system development lifecycle.
  • Strong written and verbal communication and interpersonal skills, with confidence interacting with senior stakeholders.
  • Strong analytical and process-analysis skills, with a keen interest in understanding underlying details.
  • Demonstrated history of solving complex technical problems with a detail-oriented and analytical mindset.
  • Demonstrated experience with Oracle or SQL database loads.
  • Ability to decompose complex issues into fundamental components and perform root-cause assessments.
  • Ability to summarize complex issues clearly, crisply, and concisely.
  • Effective time management, organization, and prioritization.
  • Ability to follow established support operating procedures.
  • Ability to meet or exceed customer-satisfaction metrics established for the Support organization.

Responsibilities

  • Respond to requests for technical assistance via phone and email.
  • Diagnose software issues and recommend appropriate solutions.
  • Provide follow-up and status update calls to clients.
  • Analyze problems, answer questions, and provide training related to the software.
  • Identify and test workarounds for bugs or deficiencies in the software.
  • Identify and implement efficiencies and improvements to standard processes and procedures, such as automation through scripting and programming.
  • Align risk and control processes with day-to-day responsibilities to supervise and mitigate risk, and escalate appropriately.
  • Coordinate with Engineering, Product Management, and third-party entities as needed to ensure open customer issues receive appropriate attention.
  • Follow established procedures and methods when responding to customer requests or inquiries.
  • Research questions and issues using available information resources and other product specialists.
  • Maintain a detailed log of customer interactions and prepare resolution reports for customer-reported issues.
  • Utilize and administer the help desk software.
  • Complete other related tasks as assigned.
  • Share knowledge and experience and take the initiative to keep other team members informed.

Desired Qualifications

  • Familiarity with Salesforce for case tracking.
  • Knowledge of industry principles and new technologies such as cloud computing, virtualization, and Kafka.
  • Experience with the Charles River application or other Order Management and Execution Management Systems.
  • Familiarity with Charles River database tables and the Batch Processes, Imports, and Exports modules.
  • Prior experience in trading support, middle- and back-office operations, fund accounting, or trading.
  • Familiarity with Unix/Linux and protocols such as FIX or SWIFT.

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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