Level

State Street

Alternative Ops Clearance, Settlement, & Trading Ops, Senior Associate

State Street is hiring an Alternative Ops Clearance, Settlement, & Trading Ops, Senior Associate. Level rates it ; you can apply on State Street.

Level's read on this job

  • Level rates this role Uses AI ●●○○: an ordinary role that requires AI tools.
  • Tools and skills the posting cites include AI, Data Analytics and middle office operations.
  • Level classifies it as a senior role.
  • Level lists 1,300+ other open roles at State Street.
  • The role was posted within the past two weeks.

AI in this role

Execute middle office operations, resolve exceptions, and leverage data analytics and automation tools to improve efficiency.

aidata-analytics
middle-office-operationstransaction-lifecyclereconciliationsrisk-managementprocess-improvement

Who we are looking for:

We are seeking a candidate with strong Middle Office Operations experience and a sound financial background. The role may support Transaction Lifecyle Management, Portfolio Valuation, or Bank Loan services and involves partnering closely with clients, investment managers, custodians, counterparties, and internal teams to support daily operational activities, resolve exceptions, and address complex operational challenges. The successful candidate will collaborate with global stakeholders to ensure timely and accurate delivery of services while maintaining a high standard of client service, risk management, and operational excellence.

 

Why this role is important to us:

The team you will be joining is part of Alternative Investment Solutions (AIS), a recognized industry leader in providing fund accounting, fund administration, and risk services to hedge funds, private markets, and other alternative investment vehicles. AIS delivers fully integrated solutions across the investment lifecycle, providing clients with comprehensive front-, middle-, and back-office support to meet the evolving needs of institutional investors.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

 

What you will be responsible for:

As AIS Hedge Middle Office Fund Administrator, Senior Associate, you will be responsible for:

  • Execute daily operational, control, and oversight activities in accordance with established procedures, client requirements, and regulatory standards.
  • Serve as a subject matter expert for assigned processes, supporting daily operations, issue resolution, and timely delivery of accurate and high-quality outputs.
  • Monitor workflow performance, identify operational risks and control gaps, and escalate issues appropriately while providing timely updates to management and stakeholders.
  • Maintain process documentation and ensure compliance with corporate policies, risk controls, and standard operating procedures.
  • Investigate and resolve complex operational exceptions, ensuring service levels and client expectations are consistently met.
  • Build and maintain effective working relationships with internal and external stakeholders to support business objectives and client service delivery.
  • Support operating model improvements, projects implementation, migrations, and business initiatives as required.
  • Utilize AI, automation, and data analytics tools to improve operational efficiency, enhance data quality, strengthen controls, and support process improvements.
  • Contribute to team development through training, knowledge sharing, SOP enhancement, and support for succession planning.

 

 

What we value:

These skills will help you succeed in this role:

  • Experience in asset management, banking operations, fund administration, or financial services environments.
  • Strong understanding of financial products, operational processes, and risk controls; experience in Hedge Fund services or Middle Office functions is an advantage.
  • Advanced knowledge of MS office; experience with trading and pricing platforms, VBA, Python or AI or data analytics tools is preferred.
  • Ability to analyze complex information and communicate effectively through clear, concise, and client-ready communications.
  • Support the onboarding and training of new team members, providing day-to-day coaching, guidance, and knowledge sharing to promote consistent performance and development.
  • Excellent English communication skills, both verbal and written, with strong interpersonal and stakeholder management abilities.
  • Self-motivated, adaptable, and able to work independently while effectively managing multiple priorities in a fast-paced environment.
  • Strong problem-solving skills, sound judgment, and a proactive approach to identifying and resolving operational issues.
  • A continuous improvement mindset with an interest in leveraging technology, automation, and data-driven solutions to enhance operational effectiveness.

 

Education & Preferred Qualifications:

  • Bachelor's degree or above in Accounting, Finance, Economics, or a related discipline. A Finance background is preferred.
  • 3+ years of experience in Hedge funds service, fund administration or financial related services roles.
  • Experience in client service, operational risk management, exception handling, and stakeholder engagement.
  • Experience supporting process improvement, automation, system implementation, or transformation initiatives is an advantage.
  • Strong computer skills, particularly Microsoft Excel and data analysis tools.
  • Flexibility to support global stakeholders across different time zones when required.

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.


Discover more information on jobs at StateStreet.com/careers


Read our CEO Statement

How we rate this

Alternative Ops Clearance, Settlement, & Trading Ops, Senior Associate at State Street rates 45 out of 100 for how much of the daily work is AI. That makes it Uses AI (AI Level 2 of 4). The level is about AI in the job, not seniority.

Classification

Uses AI. An ordinary role that requires AI tools.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Middle Office OperationsTransaction LifecycleReconciliationsRisk ManagementProcess ImprovementAIData Analytics

Questions you could be asked

  1. Tell me about a project where middle office operations was part of your work. What did you do?
  2. Tell me about a project where transaction lifecycle was part of your work. What did you do?
  3. Tell me about a project where reconciliations was part of your work. What did you do?
  4. Tell me about a project where risk management was part of your work. What did you do?
  5. Tell me about a project where process improvement was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Middle Office Operations, Transaction Lifecycle, Reconciliations, Risk Management, and Process Improvement. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
  • Put the AI tool in a bullet point about what you did, not just in a skills list. This role treats it as a required part of the job.

Want an expert to read your CV for this job?

Free. Send your CV and the role you want next. We reply by email within 2 to 4 business days.

Get new AI jobs (Uses AI ●●○○ or higher) by email

One email a week with the new AI jobs (Uses AI ●●○○ or higher), each rated for how much AI is in the work. No recruiter spam, unsubscribe in one click.

Free. One email a week. Unsubscribe in one click.

Similar roles

Other roles that use AI, at other companies.

What kind of AI work fits you?

Answer 12 practical questions in about three minutes. Get a simple profile, the work it points to, and live roles to explore next.

Find my next step

More jobs at State Street

Related searches

Same AI level