Purpose of Role:
The Portfolio Solutions team is the division at State Street that offers Agency Trading products for clients. It is part of our State Street Global Markets organization. It comprises of our Outsourced Trading businesses and the Currency Management team which currently services in excess $300 Billion in assets under management for approx. 90 clients globally with significant global presence The team services a distinct group of clients, predominately the large mutual / managed fund segment.
As such, we are expanding the reach of our client and account servicing efforts and are looking for a UK intern to assist the Sales, Product Specialist, Trading and Operations teams.
The role will have a very marked operational and account servicing connotation but will also allow for ample exposure to clients, portfolio management techniques, product design and strategy design in general.
Main Responsibilities:
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Servicing existing clients on a day to day basis, assisting with sales efforts and support, completing operational set ups and managing ad hoc projects.
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Providing day to day support to our global client base, addressing queries and resolving time critical issues.
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Interacting with operations teams including SSGM Trade support , SSGM Onboarding , Custody, Fund accounting and Transfer agents, both internal and external.
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Interacting with management locally and globally
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The role will entail some project management and coordination across multiple teams within Global Markets but also within the administrative arm of State Street.
PERSON SPECIFICATION
Level of Education/ Specific Qualifications:
A Levels or equivalent. Currently studying for undergraduate degree in Economics, Finance or a related field
Skills and Experience -
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Solid understanding of Fund Accounts /Custody/ Transfer agent operations
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Attention to detail
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Interest in developing an operational background and/or experience in this space
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Coding Skills a plus
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Confident self-starter who can work under pressure, using their own initiative and with the drive to work to aggressive deadlines and to see tasks through to completion
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Ability to navigate multiple stakeholders across different levels of seniority
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Ability to anticipate challenges and opportunities
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Proficiency on Microsoft Office (inc. Excel) and other similar tools
Required Competencies -
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Excellent organisational skills and attention to detail
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Effective communication skills with the ability to become a trusted advisor to key stakeholders and build consensus in a large and complex organization
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Strategic and systematic thinker with the ability to execute
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Ability to proactively prioritise workload and manage own time effectively
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Professional individual with a collegiate working manner
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Willingness to raise and address issues and support a rapidly growing business
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Ability to work under pressure
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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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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What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future