Alternative Ops Clearance, Settlement, & Trading Ops, Associate 2

Associate 2 Position

We are looking for an Associate 2 Position for our Quincy location to service Hedge Clients for our Custody division of our Alternative 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.

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.

As Custody Associate 2 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
• Implement improvements in process
• 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 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

Additional requirements:

• Exceptional interpersonal & communication skills
• The ideal candidate will be a well-organized detailed oriented, analytical individual with exceptional interpersonal and communication skills. Candidates must demonstrate the ability to simultaneously handle multiple assignments and pressure while working efficiently to meet client deliverables

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 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.