Fund Transfer Program, Assistant Vice President

State Street Corporation
Quincy, USA
Mar 04, 2023
Mar 06, 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Who we are looking for
We are looking for an experienced professional who has the ability to execute and deliver results. An important component of the work we do is collaborating with others to drive progress. Candidate must have ability to speak up and demonstrate professional challenge and debate to drive toward the best outcome for the firm.

Why this role is important to us
The team you will be joining is a part of State Street Global Delivery with a dual reporting line into the Office of the CAO. The primary objective of the team is to deliver on a program of work relating to Fund Transfer across the enterprise with specific focus on governance and monitoring, holistic risk assessment of fund transfer risk, end to end process understanding and development of a long term funds transfer strategy to systematically reduce funds transfer risk.

What you will be responsible for
  • Contribute to State Street's mission of becoming a high performing organization by assessing and optimizing the cash processing op model and controls.
  • Actively deliver on a workstream within the Funds Transfer program that cuts across multiple stakeholders within the enterprise to address shortcomings in our Funds Transfer processes including assessing risks and controls, identifying areas for improvement and working with team to implement improvements
  • Work effectively and collaboratively with the Fund Transfer Program Team and various stakeholders of the firm who will own the requirements

What we value
These skills will help you succeed in this role
  • Demonstrate strong attention to detail, ability to work with large amounts of data and effectively summarize and produce reporting on underlying information
  • Proactive nature, has a positive can-do attitude
  • Result-driven with exceptional problem-solving and analytical skills
  • Comfortable in a group/collaborative setting with strong ability to partner with business
  • Has an ability to multitask and meet aggressive deadlines
  • Strong communicator, both verbally and in written form
  • Understanding of operational risk and design of key sustainable controls to mitigate risk

Education & Preferred Qualifications
  • Bachelors Degree
  • 2 to 3 years of experience in financial services industry
  • Microsoft suite (specifically excel) and prior data experience would be advantageous

About State Street

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.

Discover more at

Salary Range:
$90,000 - $142,500 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.
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