Operations Specialist, Associate 2

1 week ago

Quincy, Massachusetts, United States State Street Full time

Job Summary:

State Street is seeking a highly skilled and detail-oriented Operations Specialist, Associate 2 to join our team. As an Operations Specialist, you will be responsible for analyzing and reviewing transactions on a case-by-case basis, identifying and escalating unusual or potentially suspicious activity, and ensuring all transactions are actioned by market and currency deadlines.

Key Responsibilities:

  • Analyze and review transactions on a case-by-case basis and resolve or escalate as needed.
  • Identify, escalate and/or report any unusual or potentially suspicious transaction activity in accordance with corporate policy and guidelines.
  • Ensure all transactions are actioned by market and currency deadlines.
  • Ensure a full understanding and adherence to corporate Risk Policy and Standard Operating Procedures.
  • Participate in self-testing and other related audit requirements.
  • Support team initiatives by learning and completing job-related functions, thus meeting departmental goals and objectives.
  • Respond promptly to client queries and ensure timely resolution.
  • Ensure all daily/monthly reports are processed accurately and efficiently to meet internal standards and team goals.
  • Perform functions utilizing various system applications, including FIRCO, MTS, MCH, and IBS.
  • Support manager to implement team development strategies.
  • Meet accuracy and productivity targets as established by management.
  • Actively contribute in the training and on-boarding of new employees.
  • Perform all duties in accordance with prescribed regulatory compliance guidelines.

Requirements:

  • Bachelor's degree or equivalent business experience.
  • 1-2 years of experience in the financial industry, preferably with AML exposure.
  • Excellent attention to detail.
  • Strong analytical skills and risk-oriented mindset.
  • Ability to work in a team environment by providing support, assistance, and guidance.
  • Advanced PC skills.
  • Advanced skills in Microsoft Excel, Word, and PowerPoint.
  • Excel Visual Basic Application skills (preferred but not required).
  • SWIFT experience preferable.
  • Strong written and verbal communication skills.
  • Ability to multitask, ensure accuracy, and execute against pre-determined deadlines.

About State Street:

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

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