Alternative Operations Clearance, Settlement Trading Operations, Senior Associate

Who We Are Looking For

We are looking for a Senior Associate Position for our Quincy location to service Private Equity 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 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.

• Manage daily process for all applicable clients
• Review aged failing trades and expedite resolution
• Interact with client counter parties on material issues
• Interact with client to evaluate services
• Implement system requirements for new products and processes
• Assess and implement improvements in process
• Review end‑of‑day management reports
• Identify any unusual or potentially suspicious transaction activity and report or escalation in accordance with corporate policy and guidelines

• 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
• 3+ 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
• Experience with Custody Cash
• The ideal candidate will be a well‑organized, detail‑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.

$52,000 - $94,120 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, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes 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.

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.

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.

Job : R-786407