State Street

Financial Services

PrivateMarketsCoreOperations,SeniorAssociate

$52–94k Quincy, Massachusetts, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“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.

Financial Services
Problems you'll solve

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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