State Street Corporation

Alpha Portfolio Readiness, Assistant Vice President

State Street Corporation • $80K — $140K *
Sacramento, CA 95823In-Person
Finance & Insurance
5 - 7 years of experience
4 days ago
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in finance, business, technology, or relevant industry experience.
  • 6-10 years in Middle Office or equivalent roles.
  • Broad knowledge of the asset management industry and financial instruments.
  • Excellent written and verbal communication skills with internal and external audiences.
  • Proficiency in Microsoft applications, especially Excel.

Responsibilities

  • Review accounts to monitor portfolio health and investigate issues.
  • Analyze, design, and implement solutions for complex client needs.
  • Liaise with global colleagues for query resolution.
  • Act as the main point of contact for client queries regarding recordkeeping.
  • Perform key functions within the Recordkeeping system.
  • Review control reports to maintain client portfolio health.
  • Support analysis for Client Change Requests impacting enterprise processes.

Benefits

  • Retirement savings plan (401K) with company match.
  • Comprehensive insurance coverage including life, medical, dental, vision, and long-term disability.
  • Paid time off for vacation, sick leave, and family care.
  • Access to Employee Assistance Program.
  • Eligibility for performance-based incentives.
Full Job Description
Who we are looking for
As aAlphaPortfolio ReadinessAVP, the candidate willleadthe day to day operational tasks of theInvestment OperationsTeam,working towardsthe health of portfolios for trading, reporting and performance. The candidate will monitor assigned accounts for issues associated with cash, settlements, ad-hoc processing, and client reporting and perform pre/post cycle reviews while working closely across the larger team in order to support client queries. Additional opportunities available to contribute towards the improvement of existing processes, bring ideas to the team and provide analytical support in any change request on-boarding as it pertains to our BAU operating model. You will be expected to work with reduced oversight to identify exceptions and escalate issues once appropriate research has been completed. This person must have an excellent track record, be a strong decisive results-oriented individual who can develop and manage relationships across the company, with a wide variety of partners based on trust, teamwork and knowledge.

What we value
These skills will help you succeed in this role:
  • Work independently and collaboratively to research and resolve problems.
  • Focus on performing complex tasks and providing business and technical expertise to support our client.
  • Excellent analytical skills and ability to analyze on the spot.
  • Handles regular independent interaction with client contacts.
  • Must be deadline oriented, adaptable and show initiative in different circumstances and under pressure.
  • Act as an advisor to other areas of the organization.
  • Good team working skills.
  • Strong client service skills (an advantage).
  • Excellent technical skills in Excel such as Pivot tables and building macros (an advantage).
  • SQL skills (an advantage).
  • Reconciliation skills (an advantage).


What you will be responsible for
AsAlphaPortfolioReadinessAVPyou will:
  • Review accounts for issues associated with Portfolio Health, monitor for potential risk and investigate issues raised.
  • Demonstrate the ability to analyze diagnose design and implement solutions for complex clients.
  • Liaise with colleagues within the US, EMEA, APAC and IndiaSSC offices and divisions globally, where required, for query resolution.
  • Act as the main point of contact for client queries relating to the Recordkeeping system,client file deliveriesand transactionstracked with proactive management to ensure timely response considering multiple avenues for resolution.
  • Perform key Recordkeeping system functions.
  • Review of various control reports such as reconciliation, material breaks and others to ensure the health of client27s portfolios are maintained.
  • Perform an overview function for the Shared Services functions identifying operational trends issues and areas for improvement.
  • Perform work independently within scope of established guidelines and according to specific procedures and analyzes and recommends solutions to complex and non-routine issues and special projects.
  • Interact with allMiddle OfficeTeams (Transaction Management, Corporate Actions, Income, Cash Flow, etc.).
  • Handle and resolve issues involving all operational and various IT areas (Asset servicing, Trader Support and Client Reporting).
  • Remain familiar with back-up procedures when system applications and/or transmission problems arise.
  • Support and provide analysis for Client Change Request items impacting the Enterprise processes and Operating Models.
  • Take ownership of issues to resolution, engage teams as needed to gain consensus and communicate progress.
  • Manage and train junior staff

Education & Preferred Qualifications
  • Bachelor27s Degree in finance, business, technology or equivalent or relevant industry experience.
  • 6-10years of Middle Office and/or equivalent work.
  • Broad and in-depth understanding of the asset management industry, gained through working in a variety of asset management disciplines, including detailed knowledge on all types of financial instruments.
  • Excellent written and verbal communication skills, the ability to collaborate with different teams and presentation skills to audiences (internal and external) of different sizes and levels of seniority.
  • Proficiency in Microsoft applications (Excel, Word, PowerPoint, Access)

Salary Range:

$80,000 - $140,000 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.

Employees are eligible to participate in State Street27s comprehensive benefits program, which includes: our 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.

For a full overview, visit .

About State Street Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at State Street Corporation, where your career development is our priority. Join State Street Corporation and be part of a team that values innovation, leadership, and a commitment to excellence. Your future in the financial services industry starts here.
Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Finance & Insurance
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ
STT
* Ladders Estimates

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