Core Operations Associate 2

As an Operation Specialist, Associate 2, you will interact internally with Global Delivery teams, Client Operations teams, business unit Shared Service teams and Joint Venture operations teams to complete applicable day-to-day activities, relating to the overall processing for assigned clients and portfolios. Overall Responsibilities: Reviews and validates all daily activity in an accurate and timely manner, and maintains all required controls to ensure overall accuracy Performs the necessary due diligence to ensure all pricing sources are reviewed, analyzed and compared/contrasted before relevant information is released to Fund Accounting and the client. Works in conjunction with individuals on the team as well as other shared services/COEs and Client Operations to ensure seamless pricing valuations according to the funds policies Supports the research and resolution process for exceptions and inquiries Monitors and identifies halted/suspended domestic and international securities and notifies the Senior Specialists, Fund Accounting and the client appropriately with detailed information Provides information needed to prepare financial statements and reports for client, shareholder, director and management reports, in an accurate and timely manner Reviews corporate actions Performs in depth research and analytics on security price movements and fluctuations in foreign currency outside established tolerance levels. Research includes, but is not limited to, analyzing index movements, accessing relevant news items that may pertain to a specific market, region, sector and/or issuer, and/or contacting the broker/dealer community and or client for additional insight Supports and assists supervisors with special projects and fielding questions and requests from Fund Accounting, auditors and the client. Reviews specialist work/output to ensure the necessary due diligence is performed. Remains familiar with back-up procedures when system applications and/or transmission problems arise Maintains records in support of audits May perform other duties as requested Security Valuation Specific Responsibilities Retrieves and monitors availability of prices for designated portfolios Gathers appropriate backup, maintain spreadsheets, contact brokers, and print various exception reports to support the pricing process Interacts with third parties as necessary Interacts with clients in a limited capacity for time critical issues during the pricing window as agreed to with Client Operations Qualifications: Bachelors degree with business related coursework or B.S. degree in Accounting or Finance preferred. 0-1 years of related custody and/ or fund accounting experience, accounting, finance, mutual fund operation, loan operations or related careers preferred. Strong computer competence (Microsoft Applications: Word, Excel) Aptitude for math Strong interpersonal skills Strong oral communication skills Ability to multi-task Ability to work under pressure, and within a deadline oriented environment About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, were making our mark on the financial services industry. For more than two centuries, weve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. Youll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential. Inclusion, Diversity and Social Responsibility. We truly believe our employees diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer. Discover more at StateStreet.com/careers Salary Range: $41,600 - $66,560 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. Employees are eligible to participate in State Streets comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans. For a full overview, visit https://hrportal.ehr.com/statestreet/Home. About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, youll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, youll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement