State Street logo

Network Management, Senior Associate

State Street

Quincy, MAFull-time$52–88K/yrPosted 3 days agoStill listed 2 days ago

Most applications go out cold — see where you stand first. No sign-up to start.

Watch jobs like this.

At a glance

Compensation
$52–88K/yr
Location
Quincy, MA
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

State Street seeks a Senior Associate for its Network Management team to support oversight and controls for its global Agent Bank network. The role includes governance, due diligence, risk assessment, vendor relationship management, and coordination with internal teams. It offers exposure to global financial markets, regulatory developments, Agent Bank relationships, and strategic initiatives in custody and asset servicing.

Skills & qualifications

RequiredNice to have

Skills

Risk ManagementOperationsOrganizational SkillsProblem SolvingMicrosoft PowerPointMicrosoft OfficeRelationship ManagementAnalytical SkillsWritten CommunicationVerbal CommunicationMultitaskingExcelPowerPointGlobal CustodySecurities SettlementMarket InfrastructureDue DiligenceThird-Party OversightAuditRiskComplianceAgent BanksCentral DepositoriesRegulatory FrameworksCollaborationAttention to DetailRisk AwarenessClient FocusCross-Cultural Collaboration

Qualifications

Bachelor's Degree or Equivalent Experience1+ Years Relevant Experience

Benefits

401(k) Match
Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off
Parental Leave

Full job description

State Street is seeking a highly motivated Senior Associate to join the Network Management team. The successful candidate will play a key role in supporting the control framework of State Street's global Agent Bank (Subcustodians and Cash Correspondents) network, ensuring compliance and adherence to internal oversight model which satisfies various jurisdictional regulatory requirement and expectations. This role is ideal for an individual interested in Global Custody, Market Infrastructure, Regulatory developments, and Third-Party oversight. Primary Responsibilities

  • Support oversight of State Street's global Agent Bank network, ensuring that oversight and associated deadlines are met.
  • Support Forum management governance, control and associated reporting .
  • Support the annual Due Diligence review and risk assessment process to ensuring monitoring an oversight obligation are met.
  • Partner with Legal, Audit, Compliance, Risk, Operations, Product, and Relationship Management teams on Network Management -related initiatives.
  • Support external vendor Relationship Management and associated projects
  • Respond to internal and external inquiries regarding Network Management services/ tasks.
  • Support strategic Network Management initiatives.
  • Identify and contribute towards continuous enhancements and efficiencies to Network Management related processes.

Qualifications

  • Bachelor's degree or equivalent experience.
  • 1+ years of experience in custody, securities services, banking, financial markets, risk, compliance, operations, or a related field.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple priorities in a fast-paced, global environment.
  • Proficiency in Excel, PowerPoint, and Microsoft Office applications.

Preferred Qualifications

  • Knowledge of Global Custody, Securities Settlement, and Market Infrastructure.
  • Experience with Due Diligence, Third-Party oversight, Audit, Risk, or Compliance activities.
  • Familiarity with Agent Banks, Central Depositories, and Regulatory frameworks.

What We Value

  • Intellectual curiosity and market awareness.
  • Strong Relationship Management and collaboration skills.
  • Attention to detail
  • Risk awareness.
  • Client focus and commitment to service excellence.
  • Ability to work across regions and cultures.

Why This Role This position offers exposure to global financial markets, regulatory developments, Agent Bank relationships, and strategic initiatives within one of the world's leading providers of custody and asset servicing solutions.

Salary Range: $52,000 - $87,880 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans. For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Similar jobs, posted recently

Open roles like this one, listed in the last 30 days.

You've read the whole posting — now see how you match it.