Investor Services, Associate 1

State Street is hiring an Investor Services, Associate 1. Level rates it ; you can apply on State Street.

Level's read on this job

Level rates this role Little AI ●○○○: aI is not part of the work.
Level classifies it as a junior role.
Level lists 1,300+ other open roles at State Street.
The role was posted in the last few days.

AI in this role

Who we are looking for:

YOU! A dynamic and enthusiastic individual who is looking to work in an exciting and evolving sector. We have a number of roles at graduate and entry level available within our Alternatives Investor Services Group where you can enhance you career through experience gained in multiple facets including:

What we are responsible for:

As an Associate you will be involved in processing of Investor transactions and communication with investors.

Process subscriptions: review documentation, ensure anti-money laundering documentation has been received, confirm receipt of cash in fund's bank account, enter subscription on ISS.

Process redemptions: review redemption request, check authorized signatories and bank account details, ensure required notice period has been given, enter redemption on ISS.

Communicate with both investors and clients regarding investor investment activity.

Distribute fund performance in accordance with client instructions.

Arrange payment of fees, expenses on behalf of the fund.

Prepare and distribute monthly investor statements in accordance with client instructions.

During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures..

What we value:

Strong verbal and written communication skills.

Excellent administrative, organizational and business support skills, with the ability to multi-task and to work calmly under pressure.

Excellent working knowledge of MS Office suite including Word, Excel and PowerPoint.

Possess excellent organizational, planning and co-ordination skills.

Strong analytical skills.

Ability to perform effectively within strict client deadlines.

Education and Preferred Qualifications:

Degree in Accounting or Finance or Business-related area.

IT Literate

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

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How we rate this

Investor Services, Associate 1 at State Street rates 37 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.

●●●● 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.