Core Operations, Associate 2
State Street is hiring a Core Operations, Associate 2. It pays $42k-$67k a year and Level rates it ; you can apply on State Street.
Level's read on this job
- On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
- Tools and skills the posting cites include mutual fund trading, operations and client onboarding.
- Level classifies it as a mid-level role.
- Level lists 1,300+ other open roles at State Street.
AI in this role
Core Operations Associate managing mutual fund trading operations, assisting with platform development, and streamlining workflows.
Who we are looking for
This is an exciting opportunity to be part of a growing team, and the incumbent will contribute to key strategic projects in addition to delivering services for our clients. This Associate II position plays a key role within our mutual fund trading team, overseeing mutual fund trading operations in a fast-paced environment across a several business lines. The role will be responsible for assisting with the development of our new mutual fund trading platform, contribute to building our future state model, and migrating clients onto the future state workflow.
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, institutional 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 Unit Dealing Associate II you will
Develop a deep understanding of existing mutual fund trading infrastructure and business processes
- Assist with client conversions/start-ups of new client relationships
Work autonomously with confidence in a fast-moving, complex technical environment
Build relationships with colleagues across multiple functional groups
- Assist with business requirements, testing, and implementing new functionality on our trading application in coordination with management team, clients, IT, and the vendor
- Research and resolve inquiries for clients, trading partners, and internal stakeholders
- Ensure all team deliverables are met within assigned deadlines on a daily basis, document and update procedures and team checklists, ensure adherence to standard operating procedures
- Manage the day-to-day activities of a functional team by monitoring, reviewing, and validating all daily activity to ensure accuracy and adherence to controls within tight deadlines
- Assist with client reporting and client projects
- Analyze internal processes and look to automate, reduce risk, and streamline workflows
What we value
These skills will help you succeed in this role
- Analytical mindset and strong critical thinking
- Problem solving and decision making skills
- Confident & clear communicator with ability to articulate complex concepts to any audience
- Highly motivated with exceptional integrity
- Ability to understand and contribute to documented business and technical system requirements
Education & Preferred Qualifications
- Bachelor’s degree or equivalent
- 1+ years’ experience in financial services industry
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$41,600 - $66,560 AnnualThe 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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
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.
How we rate this
Core Operations, Associate 2 at State Street rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ 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
Questions you could be asked
- Tell me about a project where mutual fund trading was part of your work. What did you do?
- Tell me about a project where operations was part of your work. What did you do?
- Tell me about a project where client onboarding was part of your work. What did you do?
- Tell me about a project where workflow automation was part of your work. What did you do?
- Tell me about a project where business analysis was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Mutual Fund Trading, Operations, Client Onboarding, Workflow Automation, and Business Analysis. 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.
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 operations jobs by email
One email a week with the new operations jobs, 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
Operations roles that involve little 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