Alternative Ops Derivatives & Collateral Management, Associate 1 at State Street

Who we are looking for:

We are looking for candidates who are interested in building a career in ETF servicing and fund operations. The ideal candidate is detail‑oriented, reliable, and eager to learn the ETF operational lifecycle in a fast‑paced, control‑driven environment.

Why this role is important to us:

ETF servicing requires high accuracy, strong controls, and strict adherence to delivery timelines. As an ETF Associate 1, you play a foundational role in supporting daily ETF operational processes and data checks.

Your work directly contributes to the quality, timeliness, and reliability of ETF deliverables provided to our clients. This role is critical in ensuring that standard processes are executed correctly and that potential issues are identified and escalated early.

What you will be responsible for:

As an ETF Associate 1, you will perform routine operational tasks under supervision, including:

• Support daily ETF operational activities, including ETF basket processing, ETF order support and standard reporting.
• Perform data validations, reconciliations, and basic controls checks in accordance with documented procedures.
• Ensure tasks are completed accurately and within agreed timelines.
• Identify exceptions or discrepancies and escalate them promptly to senior team members.
• Assist with documentation updates, process walkthroughs and basic testing activities.
• Support new fund onboarding or process changes as assigned.

What we value:

• Strong attention to detail and accuracy
• Good time management and accountability
• Willingness to learn and follow established procedures
• Clear and professional communication
• Teamwork and collaboration

Education & Preferred Qualifications:

• Bachelor degree or above
• 0–2 years of experience in financial services operations (fresh graduates welcome)
• Basic understanding of ETF fund operations is a plus
• Ability to communicate effectively in English, both written and verbal

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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