Who we are looking for

A Digital Asset Operations Senior Associate for State Street’s Global Delivery Digital Asset Operations team who has an understanding of ideally both traditional and digital assets operations coupled with large institutional experience. The Digital Asset Operations team is responsible for assisting in the design and ultimate execution of the operational model for State Street’s sub-custody and self-custody within Global Delivery as part of delivering the enterprise strategy. This is an exciting opportunity for a Senior Associate seeking new opportunities to further develop your existing talents and skills to build the future digital infrastructure of financial markets from the ground up.

You will report directly to the Assistant Vice President of Digital Asset Operations and collaborate with our dedicated Digital teams in Product Development, IT, Business, Governance & Controls, Risk and Compliance plus our State Street Global Delivery teams to effectively service our Institutional client base. In addition, you will have significant opportunities to collaborate with State Street Digital’s external partners and vendors, from early in the product development cycle right through to testing and implementation within operations.

This unique role requires interest and some working knowledge of traditional investment services business operations – in one of the following areas such as custody, payments, trading, securities servicing, client onboarding, compliance and process documentation – as well as a curiosity for next generation technologies, including distributed ledger technology - DLT, Blockchain, digital custody, cryptocurrencies, digital wallet technology, tokenization and Artificial Intelligence – AI.

Why this role is important to us

This role will have an important part in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen, we need teams like this one to execute swiftly, build strong procedures and processes, and implement a risk management framework to control the operating environment tightly. This role will seek cutting-edge solutions that are straightforward and scalable. It will also help us build resilience and execute day-to-day deliverables with timeliness and accuracy.  

What you will be responsible for

As a Digital Asset Operations Senior Associate, you will

• Identify control process improvements relevant to the role by challenging the design and implementation of related self-custody processes, procedures and other documentation required for smooth operations
• Execute our Digital in-scope functions in this new cross-functional Digital team employing a risk and controls mindset
• You will be responsible for understanding and executing operational procedures specific to Digital Asset Operations
• Build functional and technical knowledge across traditional and digital custody and sub-custody
• Ensure KPIs are achieved and deliver seamless day-to-day delivery of services with periodic reviews
• Provide regular communication and reporting updates to ensure full transparency and clarity of workstream delivery to digital asset operations leadership teams

What we value

These skills will help you succeed in this role

• Creative problem-solving and analysis skills to help build solutions
• Constructively challenge the status quo; collaborate with State Street Product teams, Compliance and State Street Global Delivery SMEs as “one team” to help accelerate product development and delivery cycles
• Ability to implement innovative products in a start-up like culture (preferably within large, complex organizations)
• Ability to work independently and show initiative when needed
• Work effectively with peers across globally distributed teams to achieve common goals
• Ability to contribute to multiple projects implementation concurrently and prioritize work accordingly
• Process execution experience
• Some experience in operations, business controls, BUAT or client service for traditional and/or digital products

Education & Preferred Qualifications

• Bachelor’s degree in Finance, Accounting or related discipline
• Ability to excel when faced with the unknown and challenged to develop new ways
• Excellent communication and escalation ability
• Ability to collaborate effectively across functions and external stakeholders
• Hands-on experience with digital assets and wallets, distributed ledger technology, tokenization is preferred  

Salary Range:

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.