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State Street

Holds assets for institutions and runs index funds

Core Operations - Associate 2

Finance & BankingUpdated on Nov 11
Full-timeHangzhou, Zhejiang, ChinaNo salary listedIn-person

About the Job

Requirements

  • Professional English communication skills in both written and verbal forms.
  • A degree in English, Banking, Finance, Business, Accounting, or a related discipline, or relevant work experience in a similar role.
  • Strong analytical and problem-solving skills to produce accurate results.
  • Good knowledge of fund accounting operational concepts.
  • Effective verbal and written communication skills.
  • Proficiency in Microsoft Office and strong computer skills.
  • Ability to manage time effectively, multitask, work under pressure, and meet deadlines.
  • Risk awareness and appropriate escalation.
  • Discretion and meticulousness, with the ability to identify and resolve issues in daily operations.
  • Flexibility, adaptability, motivation, and good interpersonal skills.

Responsibilities

  • Complete customized reports and identify issues before delivering them to external clients.
  • Respond promptly to queries from clients and upstream or downstream internal teams.
  • Understand the core offering and identify ways to increase efficiency and accuracy in daily processes.
  • Resolve daily tasks and issues or queries raised by internal and external parties within agreed time frames.
  • Support client ad hoc queries and requests.
  • Provide adequate documentation and backup of operational processes.
  • Summarize the issue log in a timely manner and perform daily team processes for remediation actions.
  • Participate in local training sessions for skills development.
  • Prepare investment performance and attribution or investment compliance services, ensuring timely and accurate reporting and deliverables.
  • Follow risk policies and standing operational procedures, and respond to internal and external queries within agreed turnaround times.
  • Communicate issues identified during report preparation and take appropriate action to ensure reports are sent to clients correctly and on time.

Desired Qualifications

  • Relevant work experience in a similar role is preferable.

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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