Fund Accounting & Administration - Senior Associate

State Street Corporation (NYSE: STT) is one of the worlds leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $33.99 trillion in assets under custody and administration and $2.81 trillionin assets under management as of September 30, 2018, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street s website at www.statestreet.com.

Job Description

Responsibilities:

Manage the day-to-day activities of a functional/oversight team by monitoring, reviewing and validating all daily activity to ensure accuracy and timeliness in calculations and processing, as well as adherence to controls, e.g. ensuring accurate g/l and/or balance for daily pricing

Undertake the following, with a goal of 100% accuracy, timeliness and completeness:

Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds

Assist and train others in your team with their NAV calculation and problem resolution

Design and implement operational efficiencies

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

Provide staffing recommendations by interviewing new personnel

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

Has accountability and responsibility for completing and delivering PPRs on time

Make effective recommendations to hire, discipline, control work and terminate employment

Make effective recommendations for promotions, salary increases and bonuses.

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.

Experience Requirements:

Minimum of 3-4 years of Fund Accounting experience

Good interpersonal and organizational skills.

Some understanding of operational functions within Hedge / Mutual Fund Accounting.

Education Requirements:

Novice to Competent with a Bachelor s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.

Proficient with Microsoft Office Products (Excel, Word)

Night shifts

Excellent communication, organization, interpersonal planning, and analytical skills

Deadline and detail oriented

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