Who we are looking for

This role requires a deep understanding of the complexities involved in delivering treasury services within the fund administration environment. The candidate should have a background in cash processing, payment applications, Fedwire/SWIFT, client management and team management. Strong critical thinking skills and an ability to meet aggressive deadlines in high volume work environment are essential.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, alternative investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 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 Alternative Operations Treasury, Assistant Vice President, you will

• Oversee a team of Associates and Officers, ensuring compliance with FTTOP, Travel Rule, operating procedures, and other regulatory requirements. Review dashboards and reports at the end of the day to confirm completeness and sign off on applicable checklists. Address questions and escalations from the team. Manage hiring and training of new team members.
• Initiate and approve client wire transfers, ensuring accuracy and adherence to protocols. Identify input errors or potentially suspicious transaction activity and take appropriate action.
• Serve as the primary contact and escalation point for operational issues.
• Address and resolve inquiries from clients and internal teams promptly, ensuring timely resolution.
• Participate in client calls, investor due diligence meetings, and internal discussions.
• Coordinate the implementation of new clients, funds, systems, and processes. Assist with client conversions and other strategic projects.
• Maintain and monitor open items, issue logs, and project lists.
• Implement system enhancements and conduct business unit acceptance testing for treasury applications.
• Identify and implement consistent operational best practices to drive efficiency and compliance.

What we value

These skills will help you succeed in this role

• Strong critical thinking, problem solving, and decision making skills
• Strong interpersonal skills and ethical decision making
• Ability to work in a team environment with emphasis on collaboration with both clients and other internal service teams.

Education & Preferred Qualifications

• BS/BA degree required. Must have a minimum of 5-7 years of related experience, preferably in financial services industry
• Experience in working with payments required
• Proficiency with Treasury Management Systems

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.

Employees are eligible to participate in State Street’s 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 https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.