Valuations / Pricing, Assc2

State Street.
Quincy, Massachusetts
Not disclosed
02 Dec 2022
15 Dec 2022
Contract type
Full time
Experience level
Qualified accountant

General Overview:

Securities Valuation (Sec Val) is a centralized unit supporting several business units and is broken out into two distinct areas; Fund Level Pricing and Asset Pricing. The Operations Specialist is responsible for administering the execution of daily market valuations for various clients in accordance with each client’s Price Source Authorization (“PSA”) agreement, standing instructions, and market best practices. Accuracy, timeliness, organization and maintenance of documentation are important to this position.


  • Preparation and delivery of valuation reports to internal and external clients and/or their agents in a timely manner.
  • Adhere to, promote, and educate others on the use of department procedures with respect to the review and approval of portfolio market values.
  • Propose changes to procedures to management with a focus of reducing risk, manual inputs, and increasing efficiencies.
  • Ensure the receipt of all pricing feeds, broker quotes, back-up pricing sources and other relevant data on a daily basis.
  • Identify, research, and resolve prices breaking set tolerance levels. Review and approve pricing packages/checklists with a focus on accuracy, detail, audit trail, and timeliness.
  • Perform and review global pricing tasks in a continuous operations environment. Identify, communicate, and resolve fair value situations.
  • Escalate issues to management and/or clients as required.
  • Function as a “team-player”. Work with peers and achieve group/client/unit goals. Train and mentor new investment valuation coordinators.
  • Continuously expand and improve knowledge of financial instruments, corporate actions, and best valuation practices.
  • Maintain proper documentation and back-up for audit purposes. Participate in and contribute to unit project initiatives.
  • Provide outstanding client service to both internal and external clients.

Education & Preferred Qualifications

  • Bachelor’s degree or equivalent work experience and a focus in Finance, Accounting, or related field preferred
  • 1+ years’ experience in financial services industry, would accept strong new graduate
  • Knowledge of financial products preferred
  • Computer proficient including working knowledge of desktop software applications (e.g. Excel, Word, etc.)

What We offer

  • Hybrid working model
  • International operating environment
  • Foreign holiday schedule
  • Multiple paid volunteer days to support the local community
  • On-the-job and additional training

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.

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

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