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
Finance & Banking
Required Skills
Excel/Numbers/Sheets
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

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG investing aligns with State Street's diversity and inclusion focus.
  • Digital assets and cryptocurrencies present new growth opportunities for custody services.
  • The rise of passive investing and ETFs expands market share for State Street Global Advisors.

What critics are saying

  • Investments in volatile sectors like biotechnology may increase financial risk exposure.
  • Expansion in Asia-Pacific could pose operational and regulatory challenges for State Street.
  • Overexposure to the mining sector may lead to risks from commodity price fluctuations.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to innovation and inclusive leadership in financial services.
  • State Street Global Advisors offers tailored investment strategies for diverse 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