General Overview:

Securities Valuation is a centralized unit supporting several business units and is broken out into two distinct areas; Fund Level Pricing and Asset Pricing. The Pricing Specialist is responsible for administering the execution of daily market valuations for various clients in accordance with each client’s Price Source Authorization (“PSA”) agreement, standing instructions, and market best practices. Accuracy, timeliness, organization and maintenance of documentation are important to this position.

Responsibilities:

• Preparation and delivery of valuation reports to internal and external clients and/or their agents in a timely manner.

• Adhere to, promote, and educate others on the use of department procedures with respect to the review and approval of portfolio market values. Propose changes to procedures to management with a focus of reducing risk, manual inputs, and increasing efficiencies.

• Ensure the receipt of all pricing feeds, broker quotes, back-up pricing sources and other relevant data on a daily basis. Identify, research, and resolve prices breaking set tolerance levels.

• Review and approve pricing packages/checklists with a focus on accuracy, detail, audit trail, and timeliness.

• Perform and review global pricing tasks in a continuous operations environment.

• Identify, communicate, and resolve fair value situations. Escalate issues to management and/or clients as required.

• Function as a “team-player”. Work with peers and achieve group/client/unit goals.

• Train and mentor new investment valuation coordinators.

• Continuously expand and improve knowledge of financial instruments, corporate actions, and best valuation practices.

• Maintain proper documentation and back-up for audit purposes.

• Participate in and contribute to unit project initiatives.

• Provide outstanding client service to both internal and external clients.

Requirements:

• College or university designation preferably with a concentration in finance/business/accounting or equivalent work experience

• 0- 2 years experience in securities pricing, fund accounting, or custody operations / securities administration

• Knowledge of capital markets and complex securities

• Demonstrate the ability to analyze a problem, obtain and evaluate information and reach sound conclusions

• Must demonstrate the ability to work as a team player

• Excellent communication and interpersonal skills

• Proficient in spreadsheet and database applications such as EXCEL and ACCESS

• Solid administration, organizational and time management skills

• Completion of the Canadian Securities Course and/or Derivatives Fundamentals Course is an asset

• Knowledge of Bloomberg and/or Reuters terminals an asset

About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at State Street.com/careers

Salary Range:

$45,000 - $67,500 Annual

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.

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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