State Street · 1 day ago
Core Operations, Senior Associate
Quincy, Massachusetts
Full-time
Onsite
Mid, Senior Level
$52K/yr - $85K/yr
3+ years expState Street is one of the largest custodian banks and asset managers in the world, seeking a Senior Associate for their Investable Cash – Cash Sweep Support team. The role involves onboarding new accounts, conducting daily control reviews, and ensuring accurate processing of transactions in a time-sensitive environment.
BankingFinanceFinancial Services
Responsibilities
Support client service and operational teams in onboarding new client cash sweep applications
Perform daily control reviews to ensure accuracy and timeliness of sweep investment packages
Assist both onshore and offshore teams in daily sweep investment coverage and shareholder system maintenance
Resolve inquiries from internal customers and operational support teams
Reconcile and resolve daily cash and share position breaks
Assist management with month-end processing and audit deliverables
Qualification
Required
Excellent verbal and written communication skills
Strong custody, cash, and reconciliation expertise
Proficiency in MCH custody functions, and wire systems
Ability to work effectively in a time-critical environment
Experience with Cash Projector and Cash Sweep Applications
Minimum 3 years in custody/cash-related roles
Knowledge of Cash Sweep, Hogan, VMW, MCH custody functionality, ETD, Fund Connect
Bachelor's degree in Business Management or equivalent preferred
Benefits
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
Eligibility for certain tax advantaged savings plans
Paid volunteer days
Matching gift programs
Access to employee networks
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
2025-12-30
2025-12-30
Company data provided by crunchbase