Full-Time

Middle Office Transaction Management – Senior Associate

Posted on 12/4/2024

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
Finance & Banking
Required Skills
Bloomberg
Excel/Numbers/Sheets

You match the following State Street's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Working knowledge of Excel and other Microsoft Office applications
  • Experience with Bloomberg is a plus
  • Strong verbal written and interpersonal communication skills
  • Strong accuracy aptitude and detail orientation
  • Highly self-driven sense of motivation
  • Naturally curious and passionate
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
Desired Qualifications
  • 2-4+ years’ relevant experience
  • Bachelor’s degree with a Business-related major, Accounting or Finance preferred

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

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG investing boosts State Street's asset management division.
  • Digital asset trends create new opportunities for State Street's custody services.
  • Passive investing growth allows State Street Global Advisors to expand ETF offerings.

What critics are saying

  • Increased competition from BlackRock and Vanguard threatens State Street's market share.
  • Interim CFO appointment may cause instability in financial leadership.
  • Investments in volatile biotech stocks expose State Street to financial risk.

What makes State Street unique

  • State Street excels in integrating ESG factors into investment strategies.
  • The company is a leader in secure digital asset custody services.
  • State Street leverages advanced data analytics to enhance financial services.

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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

INACTIVE