Overview of the Team

State Street IMS is a division of State Street Global Service providing operations and middle office services to various investment managers. The IMS Transitions team provides client service and operational support for all portfolio events across PIMCO managed accounts. The Transitions team is often the first stop for client related requests and is responsible for executing new account setups, terminations, bank changes and In-Kind transfers.

Position Summary

In this role, you would facilitate, process, and audit complex portfolio transitions including new account setups, terminations, bank changes, & In-Kind Transfers. You will set the example and act as a role model for the Senior Associates with regards to client service, task execution, and organization.

Responsibilities

Leadership & Auditing:

• Daily Audits of Model Accounts, SSI Application, Day Priors, CSFs, and In-kinds.
• Fill in for manager during weekly call with PIMCO when required. Act as escalation point for senior associates. Assist with issues as needed
• Sign-off of checklist and CMP entries for model accounts.
• Ac as a resource within the business unit and provide on the job training for new and existing team members as needed.

Client Service

• Work closely with client relationship managers, custodian banks, and the trade floor to ensure accounts are structured on-time and able to support the trading strategies desired by clients and portfolio managers.
• Lead and/or participate in conference calls pertaining to transition planning.
• Anticipate, identify and resolve potential issues or roadblocks that may delay transition or impact seamless execution.

System Enhancements & Testing:

• Work with technology and business analyst to create, test, and implement system updates to enhance operational efficiency.
• Participate in regression testing and monthly release testing.

Requirements

• Equivalent to a BS degree in Finance, Accounting, Business or related field
• Minimum of 4 years of related work experience
• Experience / High-level knowledge in most areas of investment accounting/reconciliation, trade processing, pricing and/or settlements of all fixed income types including bank loans, swaps, futures, options, collateral etc.
• Strong attention to detail
• Excellent math skills
• Excellent organization, communications and interpersonal skills
• Strong project management skills
• Computer proficient, including spreadsheet and database applications

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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