State Street
Financial Services
PrivateMarketsCoreOperations,SeniorAssociate
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“Private Markets Core Operations, Senior Associate at State Street. Skills: Private equity, Fund administration, Custody services. Manage daily process for all applicable clients. Review aged failing trades”
What You'll Achieve.
Ensure client reporting is updated daily
Industry & Context.
Problem solving; Analytical skills
What They're Looking For.
Must Have
3+ years custody experience, Working knowledge of financial products, Excellent computer skills, Superior communication skills, Ability to work in a fast paced, demanding environment, Exceptional interpersonal & communication skills, Experience with Custody Cash
Nice to Have
Bachelor’s degree or equal job experience
What You'll Do.
Manage daily process for all applicable clients
Review aged failing trades
Expedite resolution of failing trades
Interact with client counterparties on material issues
Interact with client to evaluate services
Implement system requirements for new products
Implement new processes
Assess improvements in process
Implement improvements in process
Review end of day management reports
Identify unusual transaction activity
Identify potentially suspicious transaction activity
Report transaction activity
Escalate transaction activity
How You'll Work.
Team & Collaboration
Partner with clients; Partner with colleagues
Communication Scope
Client reporting; Client communication
Full Job Description
**Who we are looking for** We are looking for a Senior Associate Position for our Quincy location to service Private Equity Clients for our Custody division of our Alterative Investment Solutions Group. They will partner with both clients and colleagues to establish the workflow and ensure client reporting is updated daily. They will be responsible for delivering reporting and day-to-day support for our clients. **Why this role is important to us** The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration, Custody, and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements. Join us if making your mark in the alternative investment industry from day one is a challenge you are up for. **What you will be responsible for** As Custody Senior Associate you will be responsible for * Manage daily process for all applicable clients * Review aged failing trades and expedite resolution * Interact with client counterparties on material issues * Interact with client to evaluate services * Implement system requirements for new products and processes * Assess and implement improvements in process * Review end of day management reports * During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures **What we value** * Strong critical thinking, problem solving, and decision making skills * Excellent administrative and organizational skills * Ability to multi task and work efficiently to meet client deliverables. **Education & Preferred Qualifications** * Bachelor’s
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