Who we are looking for
Fund Accounting & Administration, Associate 2 is responsible for engaging with clients and other State Street teams to resolve issues, answer inquiries and process comments while working towards readying monthly NAV to ensure client satisfaction is met through adherence to SLAs. You will also help assist with the activities of offshore teams to produce and/or review client monthly, quarterly, reporting as per GAAP requirements.
What you will be responsible for
As Associate 2 you will:
•Resolve routine problems using own initiative and escalate complex issues as needed
•Conduct self-review for completed activities and review completed activities for A1s
•Maintain relevant documentation for assigned activities
•Perform research and resolution on exception items; escalate unresolved issues to management as needed
•Proactively share new ideas to support process improvement and changes to team processes
•Deliver services in accordance with Standard Operating Procedures and ensure that assigned work is performed to meet internal standards
•Primary operational day to day contact for clients as required
•Manage own development by engaging in the PPR process, seeking feedback from others and by attending mandated and relevant training
•Identify and report all risk and compliance issues, breaches and suspicious activities
•Act in accordance with Risk Excellence as part of our Way Ahead foundation
•Perform other duties as required
What we value
These skills will help you succeed in this role:
•Works co-operatively with others to achieve team goals
•Strong critical thinking, problem solving, and decision making skills
•Strong communication, interpersonal, and organizational skills, which includes time management and prioritization skills
Education & Preferred Qualifications
•Bachelor's degree or equivalent work experience in a related field
•1-2 years of experience in alternative/fund accounting or related experience
•Knowledge and proficiency with Fund Accounting
•Excellent computer knowledge and proficient with Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)
About State Street
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.
Salary Range
$41,600 - $66,560 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.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: 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 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.
