Job Description

Who we are looking for

We are hiring a Digital Asset GD Transaction Services Specialist, Vice President, to be a Transaction Services subject matter expert, participating in workstreams to build digital asset operations within State Street’s infrastructure. You will be responsible for sharing knowledge and expertise around current operational workflows, maintaining alignment to Transaction Services leadership, escalating any concerns to functional leadership, acquiring approvals of new models with functional leadership, and maintaining alignment with digital asset operations leadership. We expect this candidate to have a risk excellent mindset and be proficient establishing an effective control environment. The ideal candidate should understand digital asset concepts (blockchain knowledge, understanding of digital asset types, decentralized finance, tokenization, etc). At a minimum this candidate should have intellectual curiosity to learn about digital asset servicing. This role will have a dual reporting line to Transaction Services leadership and digital asset operations leadership.

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 GD Transaction Services Specialist, Vice President, you will

• Participate in workstreams as a trades subject matter expert for digital asset operations across a portfolio of value streams to deliver digital asset capabilities
• Foster alignment between value streams, manage interdependencies, and deliver value at an organizational level
• Establish risk control procedures to ensure risk excellence across all capabilities
• Partner with testing teams to develop, test, and enhance capability development in UAT and Production
• Manage risks, resources, and stakeholder communications across the workstream
• Provide regular communication and reporting updates to ensure full transparency and clarity of workstream delivery to both the functional leadership teams and digital asset operations leadership teams

What we value

These skills will help you succeed in this role

• Experience with trade clearing, settlement processing, trade reconciliations, monitoring fails, and managing the trade instruction lifecycle (amendments, cancellations)
• Experience with cash settlement processing and reconciliations and investigating and clearing cash breaks within cut-off times
• Familiarity with FX operations and supporting FX activities required for settlement and client cash needs (confirmations, value dates, SSIs)
• Understanding of asset servicing processes for corporate actions, dividends, and income events, such as event capturing, settlement validation, booking and posting, reconciliations, and issue resolution
• Client onboarding and account setup experience and ensuring accounts are set up correctly to be settlement-ready
• Owning daily controls, reconciliations, and evidence retention and audit-ready documentation
• Exposure to SWIFT and ISO 20022 messaging types
• Experience with data mapping and data integration
• Executing on a project as a critical stakeholder, including excellent time management and multi-tasking skills

Education & Preferred Qualifications

• Bachelor’s degree in Finance, Accounting or related discipline
• 10-12+ years of experience across settlement, custody operations, corporate actions, FX operations and reconciliations
• Strong knowledge of post-trade risk & controls, exception management and stakeholder communication
• Working knowledge of SWIFT (and market messaging); familiarity with Bloomberg/Refinitiv and corporate actions platforms advantageous
• 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.