Core Operations, Associate 2

Job summary

• Reporting to the team Senior Associate, the candidate will be part of a team that is responsible for Depositary duties outlined in the AIFMD and UCITS V regulations. The candidate is required to demonstrate a good knowledge of Ownership Verification work processes and a broad understanding of related activities.
• Your manager will assign you to particular responsibilities consistent with the needs of the business. Continuous improvement is an ongoing task and varying degrees of responsibility will be assigned to you in the context of any given project or initiative. In essence, you are a self-starter, capable of interpreting complex problems and recommending and driving appropriate solutions.
• The candidate needs to have an understanding of all service providers interacting with a Fund

Job duties and responsibilities

• Take ownership of all aspects of assigned Other Assets and/or processes including query mails, second reviews and onboarding/break issues. Ensure open issues are brought to a successful conclusion as quickly as possible
• Escalate any anomalies detected in the Other Asset reviews, reconciliation items or queries that are outstanding in accordance with the AIFMD/UCITS V escalation process
• Contribute new ideas / procedures to further streamline the operational processes
• Manage Client queries to ensure the highest level of service
• Build strong working relationships across the business
• Operate in a no surprises culture by raising issues and any control gaps
• Identify any risks within the daily oversight and ensure that these are addressed

Environment

• Reporting to a team manager, this position is an opportunity for a suitable candidate to gain exposure to all areas of Other Asset ownership verification and AIFMD/UCITS V regulatory requirements.

Core competencies

• Detail Conscious
• Highly Computer literate – strong knowledge MS Office and State Street accounting systems preferable.
• Excellent communication and relationship building skills
• Ability to work to tight deadlines.
• Ability to work on own initiative and as part of a team
• Methodical and organized.

Disposition

• Self-motivated.
• Enthusiastic.
• Self-reliant.
• Flexible.

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

For further information, and to apply, please visit our website via the “Apply” button below.