Digital Asset Operations, Senior Associate

About the role

We are seeking a Digital Asset Operations Senior Associate for State Street’s Global Delivery Digital Asset Operations team. This role requires an understanding of both traditional and digital assets operations, coupled with large institutional experience. The Digital Asset Operations team is responsible for assisting in the design and 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 to further develop existing talents and skills to help build the future digital infrastructure of financial markets. You will report directly to the Assistant Vice President of Digital Asset Operations and collaborate with dedicated Digital teams in Product Development, IT, Business, Governance & Controls, Risk, Compliance, and our State Street Global Delivery teams to service our institutional client base. You will also collaborate with State Street Digital’s external partners and vendors from early product development through to testing and implementation within operations.

This role requires interest and some working knowledge of traditional investment services business operations—such as custody, payments, trading, securities servicing, client onboarding, compliance, and process documentation—as well as curiosity for next-generation technologies, including distributed ledger technology (DLT), blockchain, digital custody, cryptocurrencies, digital wallet technology, tokenization, and artificial intelligence (AI).

Responsibilities

• Identify control process improvements by challenging the design and implementation of related self-custody processes, procedures, and documentation required for smooth operations.
• Execute Digital in-scope functions within this new cross-functional team, employing a risk and controls mindset.
• Understand and execute 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 service with periodic reviews.
• Provide regular communication and reporting updates to ensure transparency and clarity of workstream delivery to digital asset operations leadership teams.

Qualifications

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

Skills

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

Pay

Salary Range: $52,000 - $84,760 Annual. The range applies to the role in the primary location specified. If the candidate works outside the primary location, the applicable range may differ.

Benefits

• 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 Employee Assistance Program.
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles).
• Eligibility for certain tax-advantaged savings plans.