Private Markets Custody Operations Associate 2

State Street

Quincy, MA, US
Base: $41,600 - $66,560 annual; bonus/equity: not ...
Custody portfolio operations
Cash and custody event processing
Trade settlement processing
This role supports hedge funds and private equity clients by managing custody portfolios and ensuring accurate and timely processing of cash and custody events

Job Summary

  • This role supports hedge funds and private equity clients by managing custody portfolios and ensuring accurate and timely processing of cash and custody events.
  • Employees benefit from competitive and comprehensive benefits packages, flexible work programs, and inclusive development opportunities.
  • State Street fosters an inclusive environment valuing diverse backgrounds and provides tools for work-life balance, paid volunteer days, and employee networks.

Matching Summary

This role supports hedge funds and private equity clients by managing custody portfolios and ensuring accurate and timely processing of cash and custody events.

Salary

Base: $41,600 - $66,560 Annual; Bonus/Equity: Not specified; Benefits: Comprehensive benefits including retirement savings plan with company match, insurance coverage, paid-time off, and incentive compensation

Skills & Requirements

Must-have

  • Custody portfolio operations
  • Cash and custody event processing
  • Trade settlement processing
  • Reconciliation of custody and accounting records
  • Exception research and resolution
  • Strong computer competence with Microsoft Word and Excel
  • Accuracy and detail orientation

Nice-to-have

  • Strong oral communication skills
  • Ability to multi-task under pressure
  • Interpersonal skills
  • Familiarity with backup procedures
  • Team collaboration with global operations

Key Requirements

  • Associate’s degree with business coursework and related experience OR Bachelor’s degree with business coursework
  • Experience in custody operations or related financial services
  • Ability to work under deadline-oriented environment

Work Rights

Not specified

Tailored Resume

Cover Letter