State Street · 1 month ago
Hedge Fund Core Operations, Officer
Quincy, Massachusetts
Full-time
Onsite
Mid Level
$70K/yr - $122K/yr
4+ years expState Street AIS provides fund accounting and administration services to hedge fund managers, seeking a qualified candidate for their operations team. The role involves supporting clients with trade capture, portfolio pricing, trade confirmation, and settlement services while developing expertise in complex financial products.
BankingFinanceFinancial Services
Responsibilities
Intermediate understanding of settlements for equities, fixed income, futures and foreign exchange and derivatives
Process trades
Confirmation of client trades by phone, email or matching platform
Interact on a daily basis with prime brokers and client counterparties
Resolution of trade breaks with client and counterparties
Resolve fails with prime broker and counterparties
Liaise with client regarding ad hoc issues, establish and maintain relationships with client and other external parties: Counterparties, Prime Brokers, etc
Co-ordinate system enhancements or new requirements on behalf of the team
Responsible for the co-ordination of system testing and sign off
Involved in new client onboarding and initialization of funds
Qualification
Required
Intermediate understanding of settlements for equities, fixed income, futures and foreign exchange and derivatives
Process trades
Confirmation of client trades by phone, email or matching platform
Interact on a daily basis with prime brokers and client counterparties
Resolution of trade breaks with client and counterparties
Resolve fails with prime broker and counterparties
Liaise with client regarding ad hoc issues, establish and maintain relationships with client and other external parties: Counterparties, Prime Brokers, etc
Co-ordinate system enhancements or new requirements on behalf of the team
Responsible for the co-ordination of system testing and sign off
Involved in new client onboarding and initialization of funds
In depth knowledge of some/all of the following products: Equity, Futures, Options, Fixed Income, FX, Derivatives (IRS, CDS, TRS, etc.)
Experience interfacing with security valuation agents like Markit PV, BVAL, ICE Data, JPM Pricing Direct
Knowledge of trade order flow, security life-cycle events (settlements, corporate actions), SWIFT messaging and cash wire processing required
Strong verbal, analytical and written communication skills
Bachelor's degree
4-6 years of experience
Preferred
Experience with Advent Geneva Platform advantageous
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 (excluding certain sales roles subject to sales incentive plans)
Eligibility for certain tax advantaged savings plans
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
legacy.thefly.com
2026-01-22
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