Derivatives, Officer

State Street.
Quincy, Massachusetts
Not disclosed
05 Oct 2022
01 Nov 2022
Contract type
Full time
Experience level
Qualified accountant

Why this role is important to us:

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for:

As Officer you will:

  • Knows DCOE op model & technology
  • Knows accounting
  • 4 - 6 years of experience
  • Proactively managing risk at the project level; feel fully accountable for all steps of the workstream project
  • Oversee the effective coordination of activities between multiple departments within State Street, including our global offshoring partners
  • Assist in the remediation of client service issues through closure
  • Responsible for reviewing staff level work, as needed
  • Participates in the resolution of project issues
  • Provide coaching and development opportunities to staff
  • Basic understanding of Accounting, Custody, Fund Administration
  • Basic understanding of Sub-Custody and International Markets, Securities, Cash Transaction Processing protocols, knowledge of global market processing requirements
  • Knowledge of internal State Street back office applications such as GTM, IIP, SMAC, GSMAC, MYVIEW, IBS, Hogan
  • Have an advanced knowledge of Microsoft tools
  • Experience with conversion or transformation projects is preferable

What we value:

These skills will help you succeed in this role:

  • Demonstrates strong project management, problem solving and analytical skills
  • Ability to work with large amounts of data
  • Demonstrates an ability to be a leader within their team, as well as be a leader amongst your peers
  • Strong communication, interpersonal, and organizational skills, which includes excellent time management skills

Education & Preferred Qualifications:

  • Bachelor’s degree - undergraduate degree in Accounting, Finance, with a strong academic background.
  • 4 to 6 years of experience in related accounting or finance field preferred

Additional requirements:

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.

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