Full-Time

Retiree Services Client Implementation and Service

Officer

Posted on 9/17/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$60k - $90kAnnually

Mid

Company Historically Provides H1B Sponsorship

Quincy, MA, USA

Category
Supply Chain Management
Operations & Logistics
Required Skills
Visio
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • College degree or equivalent experience
  • 3-5 years of experience in project environment
  • Working knowledge of Word, Excel, PowerPoint required, Visio & MS Project helpful
Responsibilities
  • Participate in project management and execution of our benefit payment system migration project
  • Assist with requirement definition, documentation and functional development
  • Participate in business testing including test case design and execution, and defect documentation
  • Liaise with system vendor; manage vendor deliverables
  • Develop future state vendor oversight and operating model
  • Perform vendor service level monitoring
  • Support daily vendor oversight activities
  • Assess daily benefit payment operations conducted by vendor
  • Build operational control structure; identify operational risks, propose mitigating controls
  • Document of SOPs, process flows other business operations support documentation
  • Support daily Retiree Services operations where applicable
  • Data gathering and analysis where applicable
  • Assist with new benefit payment client implementation tasks including Development of data conversion specifications, Reconciliation of converted participant payment totals, Tracking and execution of required client and internal documentation, Ability to demonstrate RS online client/participant portals

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 growing demand for ESG-integrated investment strategies.
  • The rise of digital assets offers new growth opportunities for State Street's custody services.
  • Expansion in passive investing and ETFs provides market share opportunities for State Street.

What critics are saying

  • Increased competition from firms like BlackRock and Vanguard may impact State Street's growth.
  • Geopolitical tensions in expansion regions could affect State Street's operations and profitability.
  • The rise of fintech companies poses a threat to State Street's traditional business model.

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 its operations and leadership.
  • State Street leverages advanced technologies for data analytics and investment management.

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

INACTIVE