Who we are looking for:

State Street Investment Management is the fourth largest asset management firm globally. Global Funds Management is responsible for all treasury, fund administration, and reporting for our registered and unregistered funds globally. This includes valuation, board liaison and reporting, financial and regulatory reporting, taxation, expense accruals, service provider oversight, and new product. We are seeking an Officer to join the Operational Due Diligence (Ops DD) team within Global Funds Management. The team is responsible for overseeing and conducting operational due diligence on third party investment managers and sub advisory relationships. The future candidate will be required to independently liaise with external partners, investment managers, sub advisors and internal cross functions teams. Successful candidates will demonstrate a continuous improvement and innovation mindset and be technologically savvy. Opportunity to advance within the organization and expand the scope of responsibilities by assuming a leadership role in Ops DD reviews.

What you will be responsible for:

• Assist with initial and ongoing third party manager and sub advisor operational due diligence reviews, including performing document reviews, participating in Ops DD meetings, and producing reports as directed by Senior Ops DD team members.
• Manage the media monitoring and background check processes for third party managers and sub advisors.
• Plan and facilitate activities for third party managers and sub advisors as directed by Senior Ops DD team members.
• Provide timely responses to inquiries and execute outreach to third party managers, sub-advisors, and internal cross functional teams.
• Liaise with internal functional areas including Global Funds Management, Investment Research, Legal, Compliance and Product Management on various matters.
• Review Due Diligence Questionnaire responses and escalate items of concern to the Senior Ops DD team members.

What we value:

• Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills.
• Strong analytical skills, attention to detail and ability to multi-task.
• Ability to work independently on assigned project and to lead multiple assignments concurrently that may have competing deadlines.
• Excellent written, verbal and interpersonal communication skills.
• Ability to implement simplification and process improvements and openness to technology changes and artificial intelligence (AI) integration in processes.

Education & Preferred Qualifications:

• Prospective candidates should have direct operational due diligence experience or experience in asset management, auditing, legal/compliance, middle/back office operations, fund administration or investment advisory.
• Bachelor’s Degree, or equivalent

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.

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