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State Street

Execution, Financing, and Clearing – Client Service, Officer, Hybrid

State Street is hiring an Execution, Financing, and Clearing – Client Service, Officer, Hybrid in Boston, United States. It pays $120k a year and Level rates it ; you can apply on State Street.

Level's read on this job

  • Little AI ●○○○ is how Level rates this customer service role: aI is not part of the work.
  • The listed pay starts 21% above the typical customer service posting on Level.
  • Level classifies it as a mid-level role.
  • Level lists 1,100+ other open roles at State Street.
  • The role was posted in the last few days.

AI in this role

Who we are looking for

We are looking for a motivated individual to join our client service team looking after our Repo, Agency Lending and Prime Brokerage businesses. State Street’s presence in securities lending is long-standing. In that time, we have built a long and enviable list of clients, spanning the very top tier of asset owners, pension funds, insurance companies, sovereign entities, and alternative clients. This will be an opportunity to join a new group within Markets Financing Solutions – Client Service. This individual will have a role to support our clients’ daily servicing needs in the financing products. As such, ensuring that our client-facing organization is operating smoothly and delivering for our clients is of paramount importance.


Why this role is important to us

The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.


What you will be responsible for

As Financing Solutions Client Service Representative, you will:

  • Perform all necessary tasks to support client activity in Repo, Agency Lending and Prime Brokerage
  • Support the relationship managers and sales teams within Financing Solutions to create a seamless servicing model, including creation of presentations, improve reporting, and manage daily client activities
  • Work with key internal stakeholders to grow our existing relationships, optimize revenue and improve client satisfaction
  • Interact with clients to manage queries and escalate issues professionally and in a timely manner
  • Coordinate across Asset Services and other State Street divisions to support execution of strategic RFPs and pricing decisions, including driving change to improve these processes
  • Understand securities lending market dynamics, anticipate any potential client impact, engage with and manage clients accordingly.

What we value

These skills will help you succeed in this role:

  • Knowledge of Repo, Agency Lending, and Prime Brokerage.
  • Experience working with sales and operations teams to optimize revenue and client satisfaction
  • Strong critical thinking, problem-solving, and decision-making skills.
  • Knowledge of short-term investment and financing markets.
  • Highly analytical who can innovate solutions and processes
  • Ability to manage multiple tasks simultaneously in a fast – paced, front office environment
  • Ability to build dashboards using large datasets to identify themes, present talking points to clients, and optimise daily activities will be a distinct advantage.

Education & Preferred Qualifications:

  • Bachelor's Degree with 2+ years of experience
  • Clear and effective communication is essential – excellent speaking and writing skills are a must
  • Ability of foster strong internal and external relationships
  • Highly organized and strong analytical capability
  • Strong sense of client ownership and responsibility
  • Ability to drive growth
  • Proficiency in Microsoft office, specifically Excel

Salary Range:

$120,000 - $120,000 Annual

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.


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

Execution, Financing, and Clearing – Client Service, Officer, Hybrid at State Street rates 38 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.

Classification

Little AI. AI is not part of the work.

  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.

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Pay

This job starts at
$120k
Typical customer service job
$99k

This posting starts 21% above the typical customer service job. See customer service jobs

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