Alternative Investment Services Treasury Fund Administration, Senior Associate at State Street in Princeton, New Jersey

Job Description:

Who we are looking for

Treasury Senior Associate in AIS Middle Office providing hedge funds with fund administration. We're looking for someone with experience in cash processing / payment applications who can work in a fast-paced environment. Fedwire/SWIFT knowledge is a plus.

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 Treasury Senior Associate you will

• Full understanding of settlements for generic equities, fixed income, futures, foreign exchange and the related derivative products


• Manage daily process of all applicable clients


• Review and release client cash and security settlements


• Interact with prime brokers on material cash and settlement issues and processes


• Interact with client counterparties on material issues


• Interact with clients to evaluate service and offerings


• Participate in investor's due diligence meetings and audit reporting


• Launch new clients and funds in Treasury system applications


• Contribute procedural requirements for new products and market regulations


• Implement system enhancements and perform business unit acceptance testing for Treasury user applications


• Ensure self and team complies with risk, regulation and compliance programs and applicable laws and regulatory requirements


• Review end of day management reports and resolve outstanding issues


• Sign off on end of day process and check lists


• 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.

These skills will help you succeed in this role

• Proficient understanding of fed and swift wire processing


• Working knowledge of financial products


• Superior communication skills Ability to work in a fast paced, demanding environment

• Bachelor's degree


• 3+ years of experience in payment processing

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.

Salary Range:
$50,000 - $83,750 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.