The Depositary Specialist is responsible for the design, execution and monitoring of several operational processes. This includes:
- Due diligence and risk assessment
- Asset ownership verification and record keeping
- Investment compliance oversight
- Income distribution oversight
- Cash monitoring
- Oversight of subscriptions and redemptions
- Safekeeping of Financial Instruments
- Valuation oversight
Primary Responsibilities:
- Controls the quality in the design and the execution of the processes.
- Monitors on a daily basis the priorities and the quality of the work of the preparation and review teams
- Is the first point of contact for the preparation and review team and the client
- Leads by example and participates in the preparation and review work when necessary
- Maintains client contact and ensures to meet client deliverables, assuring excellent customer service
- Conducts client due diligence and risk assessments
- Stays objective and protects the investor`s interest at all times
- Arranges client reporting and meetings
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.
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What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
