Core Operations Associate 2

State Street•Quincy, MA

16h•Onsite

About The Position

This role is for an Associate 2 Position in the Custody division of the Alternative Investment Solutions Group, specifically servicing Hedge Clients. The associate will partner with clients and colleagues to establish workflows, ensure daily client reporting is updated, and provide reporting and day-to-day support. The team is part of International Fund Services (IFS), acquired by State Street, and provides fund accounting, fund administration, Custody, and risk services to hedge funds and private equity funds.

Requirements

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
Bachelor’s degree or equal job experience
0 - 1+ years of 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
Well-organized, detailed oriented, analytical individual with exceptional interpersonal and communication skills
Demonstrate the ability to simultaneously handle multiple assignments and pressure while working efficiently to meet client deliverables.

Responsibilities

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
Implement improvements in process
Identify any unusual or potentially suspicious transaction activity and report/escalate in accordance with corporate policy and guidelines.

Benefits

Generous medical care
Insurance
Savings plans
Flexible Work Program
Development programs
Educational support
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
Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards
Eligibility for certain tax advantaged savings plans
Paid volunteer days
Matching gift program