Alternative Operations Reconciliations, Associate 2

Who we are looking for

The team you will be joining is a part of State Street Global Delivery (GD). GD 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, GD 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.

Why this role is important to us

We provide administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. Our PE team delivers customized service solutions for investment funds that have closed end structures and a variety of portfolio investments. We have roles (at all levels) available on the Hedge Funds, Private Equity and Real Assets teams. If you are looking for a unique opportunity to service hybrid hedge and private equity products for industry leading asset managers, interact daily with functional teams including trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations you should consider joining our team

What you will be responsible for:
As Associate 2 you will be:
- Responsible for updating, validating and reviewing the characteristics of securities held in a trust.- Developing strong relationships with the Boston team by producing high quality work.- Monitoring daily fund transactions to ensure accuracy of activity and liaise with fund groups when necessary.- Comply with internal procedures and specified deadlines- Leading dedicated activities to drive performance of the team

What we value:
These skills will help you succeed in this role:
- Collateral Loan Obligation, Structured Finance, Waterfall Payment, Securitization, ABS, MBS, CDO- Knowledge of Loans in secondary market- Excellent communication skills- Problem solving

Education & Preferred Qualifications:
- MBA in Finance/ Bachelor’s degree or equivalent work experience with a focus in Accounting, Economics, Finance- 2+ years of experience in Loan Syndication or fixed income debt securities and knowledge in WSO (Wall Street Office) is added advantage- Strong oral and written communications skills MS Excel skills-
- Ability to work in a deadline-oriented group with peak period workflow

Additional requirements:- Ability to work in a deadline-oriented group with peak period workflow

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.

State Street is an equal opportunity and affirmative action employer.