Digital Asset Operations, Senior Associate

State Street•Quincy, MA

About The Position

We are looking for a Digital Asset Operations Senior Associate for State Street’s Global Delivery Digital Asset Operations team who has an understanding of ideally both traditional and digital assets operations coupled with large institutional experience. The Digital Asset Operations team is responsible for assisting in the design and ultimate execution of the operational model for State Street’s sub-custody and self-custody within Global Delivery as part of delivering the enterprise strategy. This is an exciting opportunity for a Senior Associate seeking new opportunities to further develop your existing talents and skills to build the future digital infrastructure of financial markets from the ground up. You will report directly to the Assistant Vice President of Digital Asset Operations and collaborate with our dedicated Digital teams in Product Development, IT, Business, Governance & Controls, Risk and Compliance plus our State Street Global Delivery teams to effectively service our Institutional client base. In addition, you will have significant opportunities to collaborate with State Street Digital’s external partners and vendors, from early in the product development cycle right through to testing and implementation within operations. This unique role requires interest and some working knowledge of traditional investment services business operations – in one of the following areas such as custody, payments, trading, securities servicing, client onboarding, compliance and process documentation – as well as a curiosity for next generation technologies, including distributed ledger technology - DLT, Blockchain, digital custody, cryptocurrencies, digital wallet technology, tokenization and Artificial Intelligence – AI.

Requirements

Creative problem-solving and analysis skills to help build solutions
Constructively challenge the status quo; collaborate with State Street Product teams, Compliance and State Street Global Delivery SMEs as “one team” to help accelerate product development and delivery cycles
Ability to implement innovative products in a start-up like culture (preferably within large, complex organizations)
Ability to work independently and show initiative when needed
Work effectively with peers across globally distributed teams to achieve common goals
Ability to contribute to multiple projects implementation concurrently and prioritize work accordingly
Process execution experience
Some experience in operations, business controls, BUAT or client service for traditional and/or digital products
Bachelor’s degree in Finance, Accounting or related discipline
Ability to excel when faced with the unknown and challenged to develop new ways
Excellent communication and escalation ability
Ability to collaborate effectively across functions and external stakeholders

Nice To Haves

Ideally both traditional and digital assets operations coupled with large institutional experience
Interest and some working knowledge of traditional investment services business operations – in one of the following areas such as custody, payments, trading, securities servicing, client onboarding, compliance and process documentation
Curiosity for next generation technologies, including distributed ledger technology - DLT, Blockchain, digital custody, cryptocurrencies, digital wallet technology, tokenization and Artificial Intelligence – AI
Hands-on experience with digital assets and wallets, distributed ledger technology, tokenization is preferred

Responsibilities

Identify control process improvements relevant to the role by challenging the design and implementation of related self-custody processes, procedures and other documentation required for smooth operations
Execute our Digital in-scope functions in this new cross-functional Digital team employing a risk and controls mindset
Understand and execute operational procedures specific to Digital Asset Operations
Build functional and technical knowledge across traditional and digital custody and sub-custody
Ensure KPIs are achieved and deliver seamless day-to-day delivery of services with periodic reviews
Provide regular communication and reporting updates to ensure full transparency and clarity of workstream delivery to digital asset operations leadership teams

Benefits

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)
Eligibility for certain tax advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Vibrant employee networks