Operational Due Diligence Manager, Assistant Vice President - State Street Investment Management

About the role

The Operational Due Diligence (Ops DD) team within Global Funds Management at State Street Investment Management is responsible for overseeing and conducting operational due diligence on third party investment managers and sub advisory relationships. This role is seeking an AVP to join the team.

Responsibilities

• Assist (Lead with experience) with initial and ongoing third party manager and sub advisor operational due diligence reviews, including performing document reviews, participating in Ops DD meetings, and producing reports as directed by Senior Ops DD team members.
• Manage the media monitoring and background check processes for third party managers and sub advisors.
• Plan and facilitate activities for third party managers and sub advisors as directed by Senior Ops DD team members.
• Provide timely responses to inquiries and execute outreach to third party managers, sub-advisors, and internal cross functional teams.
• Liaise with internal functional areas including Global Funds Management, Investment Research, Legal, Compliance and Product Management on various matters.
• Review Due Diligence Questionnaire responses and escalate items of concern to the Senior Ops DD team members.

What We Value

• A professional demeanor with the ability to conduct meetings with senior management.
• Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills.
• Ability to clearly articulate complex concepts of ideas and processes.
• Ability to communicate with various internal teams to resolve inquiries and understand when to escalate.
• Initiative, ability to perform well under pressure, and simultaneous handling of multiple assignments.
• Efficiency in working to meet client and stakeholder deliverables.

Education & Preferred Qualifications

• The ideal candidate for this role will thrive in a collaborative environment, possess strong analytical, organizational, and communication skills, and have a passion for continuous development and improvement.
• 2-5 years of experience in third party manager operational due diligence.
• Knowledge of investment vehicles, operations, and controls.
• Willingness to travel – approximately 15%.
• A professional advanced degree or professional qualification such as a CPA (preferred but not required).

Pay

$75,000 - $123,750 Annual

Schedule

N/A

Benefits

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.

Equal Opportunity Employer

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.