State Street Corporation

Securities Valuations, Senior Associate

State Street Corporation • $80K — $100K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance or accounting preferred
  • 2+ years of experience in securities pricing, fund accounting, or custody operations
  • Solid understanding of capital markets and complex securities
  • Strong analytical skills with the ability to evaluate information and make decisions
  • Effective team player with excellent communication skills
  • Proficient in Word, Excel, and database applications
  • Strong administrative and time management skills

Responsibilities

  • Oversee the preparation and timely delivery of valuation reports
  • Ensure up-to-date procedures for portfolio market value review and approval
  • Manage daily pricing feeds and resolve discrepancies in price data
  • Collaborate with team members to achieve group goals
  • Review and approve daily valuation packages with attention to detail
  • Identify and escalate fair value situations to management or clients
  • Support global pricing tasks in a continuous operations setting
  • Facilitate training and mentorship for team members
  • Maintain audit documentation and support unit projects
  • Provide exceptional client service to internal and external stakeholders

Benefits

  • Opportunity for continuous learning and professional development
  • Access to coaching and mentorship from experienced team members
  • Engagement in diverse projects and initiatives within the team
  • Collaborative and supportive work environment
  • Exposure to a wide range of financial instruments and market practices
Full Job Description

General Overview:

Securities Valuation is a centralized unit supporting several business units and is broken out into two distinct areas; Fund Level Pricing and Asset Pricing. The Pricing AnalystSenior Associate, Securities Valuation is responsible for ensuring accurate and timely execution of daily market valuations for various clients in accordance with each clients’ Price Source Authorization (“PSA”) agreement, standing instructions, and market best practices.

Responsibilities:         

  • Assist in the oversight of preparation and delivery of valuation reports to internal and external clients and/or their agents in a timely manner.
  • Ensure that procedures are in place, up to date, and adhered to regarding 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.
  • Function as a “team-player”. Work with peers and achieve group/client/unit goals.
  • Review and sign-off on daily group packages with a focus on accuracy, detail, audit trail, and timeliness.
  • Identify, communicate, and resolve fair value situations. Escalate issues to manager and/or clients as required.
  • Support global pricing tasks in a continuous operations environment.
  • Ensure that the group is adequately trained and cross-trained. Coach, mentor, and motivate staff.
  • Continuously expand and improve knowledge of financial instruments, corporate actions, and best valuation practices.
  • Demonstrates thorough knowledge of the various fund groups, client requirements and other market related anomalies.
  • 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.

Requirements:

  • College or university designation preferably with a concentration in finance or accounting.
  • 2+ years experience in securities pricing, fund accounting, or custody operations / securities administration.
  • Knowledge of capital markets and complex securities.
  • Demonstrate the ability to analyze a problem, obtain and evaluate information and reach sound conclusions.
  • Must demonstrate the ability to work as a team player.
  • Excellent computer knowledge of Word, Excel, and PC databases.
  • Excellent communication and interpersonal skills.
  • Solid administration, organizational and time management skills.
  • Completion of the Canadian Securities Course and/or Derivatives Fundamentals Course is an asset.

Salary Range:

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.

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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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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