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State Street

Holds assets for institutions and runs index funds

Execution – Financing Officer - And Clearing, Client Service

Customer SupportPosted on Nov 12
Full-timeBoston, MA, USA$120k /yrIn-person

About the Job

Requirements

  • Knowledge of Repo, Agency Lending, and Prime Brokerage.
  • Experience working with sales and operations teams to optimize revenue and client satisfaction.
  • Strong critical thinking, problem-solving, and decision-making skills.
  • Knowledge of short-term investment and financing markets.
  • Ability to develop innovative solutions and processes using analytical skills.
  • Ability to manage multiple tasks simultaneously in a fast-paced, front-office environment.
  • Ability to build dashboards using large datasets to identify themes, present talking points to clients, and optimize daily activities is an advantage.
  • A bachelor's degree and at least two years of experience are required.
  • Clear and effective speaking and writing skills are essential.
  • Ability to foster strong internal and external relationships.
  • Strong organizational and analytical capabilities.
  • Strong sense of client ownership and responsibility.
  • Ability to drive growth.
  • Proficiency in Microsoft Office, specifically Excel.

Responsibilities

  • Perform tasks necessary to support client activity in Repo, Agency Lending, and Prime Brokerage.
  • Support relationship managers and sales teams within Financing Solutions to create a seamless servicing model, including creating presentations, improving reporting, and managing daily client activities.
  • Work with key internal stakeholders to grow existing relationships, optimize revenue, and improve client satisfaction.
  • Interact with clients to manage queries and escalate issues professionally and promptly.
  • Coordinate across Asset Services and other company divisions to support strategic requests for proposals and pricing decisions, including driving process improvements.
  • Understand securities lending market dynamics, anticipate potential client impacts, and engage with and manage clients accordingly.

Desired Qualifications

  • The ability to build dashboards using large datasets to identify themes, present talking points to clients, and optimize daily activities is a distinct advantage.

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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