Operations Client Service, Senior Associate

Who we are looking for

A leader within the Private Equity and Real Assets Fund Services business unit of the State Street Alternative Investment Services Group. We are a team of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to premier real estate fund clients. Join this growing team that is passionate about building innovative solutions to revolutionize how State Street services our customers.

As a Senior Associate you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global real estate funds and affiliated entities

Why this role is important to us

The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

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

What you will be responsible for

• Provide timely accurate management reporting and issue log maintenance, under moderate supervision.
• Research and resolve exceptions and issues.
• Escalate unresolved issues to management as required.
• Reconcile and resolve discrepancies with other Shared Service teams, external clients and Client Operations as needed.
• Ensure all inquiries are resolved in a timely and accurate manner and communicates effectively with client when necessary.
• Ensure appropriate records of daily and monthly activities are kept.
• Coordinate effective and timely flow of critical information to all relevant parties and follows up on administrative details within the department.
• Oversee the adherence to Standard Operating Procedures.
• Maintain knowledge of current alternative procedures and processes.
• Assist with workflow management and technology enhancement, make suggestions to streamline operations.
• Document any updates or changes to formal procedures, databases, etc.
• Participate in projects as well as prepare and verify information for those various projects/special requests as directed.
• Train, develop and motivate new staff and complete performance appraisals.
• Coordinate and supervise work efforts when multiple Associates are needed to complete work
• Provide coaching and development opportunities to staff, participate in individual on-going training and development.
• During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
• Perform duties of Associates if required, perform other duties as assigned.

Education & Preferred Qualifications

• Fund accounting or Public Accounting experience
• CPA or actively pursuing CPA certification
• Experience leading verbal and written communications at senior levels with internal and external clients
• Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.

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.

Salary Range:

$52,000 - $75,400 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.

For further information, and to apply, please visit our website via the “Apply” button below.