Who we are looking for
From technology and product innovation to corporate responsibility and community development, we're making our mark on the financial services industry. We're a global company with diverse people and experiences, and a network of over 35,000 employees spanning more than 100 markets. For us, success comes from the impact our employees have - on our clients, our communities and each other.

We're committed to providing an inclusive environment where all employees feel valued and supported. Join us and make your mark at State Street.

What you will be responsible for
An Alternative Operations Settlement and Restructure Specialist, Senior Associate is responsible for:

• Managing end-to-end trade events, including (but not limited to) loans, real estate, equity, credit and collateral transactions for our clients and with our service partners.
  
• Managing the end-to-end restructure events with our clients and our service partners.
  
• Resolving data quality issues through interaction with our agents, accounting and client service groups.
  
• Resolving trade and settlement discrepancies in a timely and accurate manner.
  
• Responds to all client, bank, counterparty and service provider inquiries timely and accurately.
  
• Provides recommendations for improving in processing or procedures.
  
• Works with other internal business units to resolve complex or non-routine process in related questions/issues.
  
• Researches and resolves complex issues and proposes tactical and strategic solutions.
  
• Identifies and takes ownership of issues.
  
• Assists with other related duties as required.
  
• Performs ad-hoc tasks to support team supervisor and the overall business unit as needed.
  

In the role of Alternative Settlements Operations Specialist, Senior Associate you will be responsible for:

• Manages the day-to-day settlements of alternative assets via SWIFT, DTC and/or physical settlement.
  
• Manages data trackers and inquires timely and accurately.
  
• Supports individual and team efforts with regard to research and resolution process for exceptions and inquiries.
  
• Supports Client Operations and Joint Venture team in providing appropriate information for preparation and research of proofs as needed.
  
• Remains familiar with back-up procedures when system applications and/or transmission problems arise.
  
• Develop an understanding of settlement processes and types, processing requirements, processing timelines, how those actions may affect fund asset values, and be able to practically apply this knowledge to processing environment.
  
• During normal day to day operation, be 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
  
• May perform other duties as requested.
  

Qualifications

• Bachelor's degree with business related coursework or B.S. degree in Accounting or Finance preferred.
  
• SWIFT settlement experience is preferred.
  
• Loans experience preferred.
  
• Corporate restructure experience preferred.
  
• Strong computer competence (Microsoft Applications: Word, Excel, Visio).
  
• Accuracy and detail oriented.
  
• Strong interpersonal skills.
  
• Strong communication (verbal and written) skills.
  
• Ability to multi-task.
  
• Ability to work under pressure and within a deadline oriented team.
  

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers

Salary Range:
$58,240 - $83,200 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.

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