Alternative Operations Treasury, Assistant Vice President

State Street • Clifton, NJ

1d • $90,000 - $157,500

About The Position

This role requires a deep understanding of the complexities involved in delivering treasury services within the fund administration environment. The candidate should have a background in cash processing, payment applications, Fedwire/SWIFT, client management and team management. Strong critical thinking skills and an ability to meet aggressive deadlines in high volume work environment are essential. Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, alternative investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Requirements

• Strong critical thinking, problem solving, and decision making skills
• Strong interpersonal skills and ethical decision making
• Ability to work in a team environment with emphasis on collaboration with both clients and other internal service teams.
• BS/BA degree required.
• Must have a minimum of 5-7 years of related experience, preferably in financial services industry
• Experience in working with payments required
• Proficiency with Treasury Management Systems

Responsibilities

• Oversee a team of Associates and Officers, ensuring compliance with FTTOP, Travel Rule, operating procedures, and other regulatory requirements.
• Review dashboards and reports at the end of the day to confirm completeness and sign off on applicable checklists.
• Address questions and escalations from the team.
• Manage hiring and training of new team members.
• Initiate and approve client wire transfers, ensuring accuracy and adherence to protocols.
• Identify input errors or potentially suspicious transaction activity and take appropriate action.
• Serve as the primary contact and escalation point for operational issues.
• Address and resolve inquiries from clients and internal teams promptly, ensuring timely resolution.
• Participate in client calls, investor due diligence meetings, and internal discussions.
• Coordinate the implementation of new clients, funds, systems, and processes.
• Assist with client conversions and other strategic projects.
• Maintain and monitor open items, issue logs, and project lists.
• Implement system enhancements and conduct business unit acceptance testing for treasury applications.
• Identify and implement consistent operational best practices to drive efficiency and compliance.

Benefits

• Employees are eligible to participate in State Street’s 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees