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Custody Operations Jobs in Boston, MA (NOW HIRING)

From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real ...

Senior Client Service Representative

Boston, MA · On-site

$21 - $28.75/hr

... supporting operational processes, and helping ensure client satisfaction across fund accounting, administration, and custody services. The ideal candidate is client-focused, analytical, and ...

ETF Servicing Operations

Boston, MA · Hybrid

$88K - $151K/yr

... accounting, custody operations, or related functions * Working knowledge of ETF products, primary market workflows, and the operational lifecycle across orders, baskets, and settlement

ETF Servicing Operations

Boston, MA · On-site

$88K - $151K/yr

... accounting, custody operations, or related functions * Working knowledge of ETF products, primary market workflows, and the operational lifecycle across orders, baskets, and settlement

Investment Operations

Boston, MA · On-site

$121K - $184K/yr

The role serves as a critical link between the investment management, trading, custody/operations, reporting, IT, compliance, and client-facing teams. The Manager, Investment Operations sits on the ...

ETF Servicing Operations

Boston, MA · On-site

$88K - $151K/yr

... accounting, custody operations, or related functions * Working knowledge of ETF products, primary market workflows, and the operational lifecycle across orders, baskets, and settlement

Associate Product Manager

Boston, MA · On-site

$90 - $120/hr

This unique role is centered on mastering key operational processes across the company (Custody Operations, Client Services, Compliance, Finance etc.) and then translating that deep understanding ...

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Custody Operations information

See Boston, MA salary details

$34.2K

$83.9K

$148.3K

How much do custody operations jobs pay per year?

As of Aug 27, 2026, the average yearly pay for custody operations in Boston, MA is $83,929.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,900.00 and $111,400.00 per year, depending on experience, location, and employer.

What is custody operations?

Custody operations refer to the processes and activities involved in safeguarding and managing financial assets on behalf of clients, such as institutional investors or individuals. These operations typically include the settlement of trades, safekeeping of securities, asset servicing (like collecting dividends and interest), and ensuring compliance with regulations. Custody operations professionals work at banks or specialized custodians to ensure the accuracy, security, and efficiency of these transactions. Their role is crucial in minimizing risk and providing transparency in financial markets.

What are the key skills and qualifications needed to thrive in custody operations, and why are they important?

To thrive in Custody Operations, you need strong analytical abilities, attention to detail, and a solid understanding of financial markets, often supported by a finance or business degree. Familiarity with custody platforms, reconciliation tools, SWIFT messaging, and knowledge of regulatory frameworks such as SWIFT and ISO 20022 standards are typically required. Excellent organizational skills, problem-solving abilities, and effective communication help professionals manage complex transactions and client relationships. These skills are crucial for ensuring the accurate and secure settlement of assets, compliance with regulations, and high levels of client satisfaction.

What are some common challenges faced in a custody operations role, and how can they be managed effectively?

Professionals in Custody Operations often face challenges such as managing large volumes of transactions, ensuring regulatory compliance, and coordinating with multiple internal and external stakeholders. Attention to detail and strong organizational skills are essential, as errors can have significant financial and reputational impacts. Effective communication and a proactive approach to problem-solving help manage these challenges, while familiarity with evolving regulations ensures accuracy and compliance. Many teams use technology-driven solutions and regular training to streamline processes and minimize risks.

What is the difference between Custody Operations vs Custody Settlement?

AspectCustody OperationsCustody Settlement
Primary FocusManaging daily custody activities, account maintenance, and client inquiriesProcessing and confirming the settlement of securities transactions
Required CredentialsTypically requires securities or finance certifications, such as CFA or equivalentSimilar credentials, often including certifications in securities operations or settlement processes
Work EnvironmentOffice-based, involving coordination with clients, banks, and internal teamsOffice-based, focused on transaction processing and reconciliation
Industry UsageCommonly used in banking, asset management, and custodial firmsPrimarily in securities firms, banks, and clearinghouses

Custody Operations involves managing ongoing custody accounts and client services, while Custody Settlement focuses on the accurate and timely settlement of securities transactions. Both roles require similar skills and certifications but differ in daily responsibilities and focus areas.

What does a custody operations specialist do?

A custody operations specialist manages the processing and settlement of securities transactions, ensuring accurate and timely transfer of assets between parties. They handle account reconciliations, maintain compliance with regulations, and often use specialized custody or settlement software to perform their duties efficiently.

What are popular job titles related to Custody Operations jobs in Boston, MA?

For Custody Operations jobs in Boston, MA, the most frequently searched job titles are:

Infographic showing various Custody Operations job openings in Boston, MA as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 12% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $83,929 per year, or $40.4 per hour.

Operations Client Service, VP

Quincy, MA

State Street
Finance and Insurance • 10K+ employees

$110K - $188K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 28 days ago


Job description

OK - made a few edits. I think this is good enough to post

Who we are looking for

We are looking for an individual with a proven track record that can manage a team of client service professionals supporting a number of global custody only client relationships. The ideal candidate will be a well-organized, detailed execution-oriented, analytical individual with the ability to take ownership of initiatives and challenges. Candidates must demonstrate the ability to simultaneously handle multiple assignments and pressure while working efficiently to meet client deliverables. They will partner with the client's investment operations team and State Street internal colleagues to drive a superior service experience in custody operations. They will oversee several operational support teams (globally) of varying focus with primary emphasis on custody. The role requires understanding of services and platforms to manage extensive customer and internal interaction across various business units that support these custody functions. The VP will also act as project lead on a number of high client visibility fund onboarding launches and new product offering initiatives with varying degrees of size and complexity.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS' tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Operations Client Service Vice President you will

  • Proactively developing and maintaining external relationships with client and key internal stakeholders.
  • Developing understanding of client's strategies and seeks business solutions to meet their needs.
  • Leading internal and client facing interactions to drive solutions, partnerships and efficiency gains
  • Leads the development of department objectives and oversees implementation of process improvements
  • Ability to solve complex/multi-discipline business and relationship queries and support of a variety of client business management responsibilities
  • Oversight of team tasks and client deliverables with attention to detail, ownership and accountability
  • Collaborating across multiple internal teams for answers or solutions while representing all as one State Street
  • Maintaining positive and professional interactions with the client to continue building trust and confidence in the team
  • Ensuring control checks are executed and KPIs are met across all teams under supervision where applicable
  • Maintain governing documents such as Service Level Agreements, Client Review Packages, and Fund Onboarding/Market Opening Business Process Reviews

What we value

These skills will help you succeed in this role

  • Strong critical thinking, problem solving, and decision making skills
  • Ability to multi task and drive collaboration across virtual teams to meet client deliverables.
  • Build trust and confidence by steadfastly pushing self and team to meet/exceed client expectations
  • Ability to anticipate challenges and opportunities
  • Proven leadership and teamwork skills with experience of influencing others in order to move toward a common goal
  • Exceptional interpersonal & communication skills

Education & Preferred Qualifications

  • Bachelor's degree or equivalent industry recognized qualification
  • Must have a minimum of 5-7 years of related experience

Salary Range:

$110,000 - $188,750 Annual

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.

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.

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

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.


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About State Street

Sourced by ZipRecruiter

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.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

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