Alternative Operations Fund Accounting, Associate - State Street Corporation

Who We Are Looking For

We provide administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. Our PE team delivers customized service solutions for investment funds that have closed end structures and a variety of portfolio investments. We have roles (at all levels) available on the Hedge Funds, Private Equity and Real Assets teams. If you are looking for a unique opportunity to service hybrid hedge and private equity products for industry leading asset managers, interact daily with functional teams including trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations you should consider joining our team!

Why this role is important to us

Oversee Structure Finance - Collateralized Loan Obligations (CLOs) and fund transactions to ensure that deals are in compliance with deal documents which include Waterfall Payment. Work with the Boston team to ensure seamless service and accurate and timely delivery of information. Interact with the Boston team on a daily basis to address and resolve issues. Responsible for maintaining the daily operation of structured finance trusts. It includes the development of skills in the areas of securities processing and review, compliance testing and data management and reconciliation.

What you will be responsible for :

As Associate 2 you will be :

• Responsible for updating, validating and reviewing the characteristics of securities held in a trust.
• Developing strong relationships with the Boston team by producing high quality work.
• Monitoring daily fund transactions to ensure accuracy of activity and liaise with fund groups when necessary.
• Comply with internal procedures and specified deadlines
• Leading dedicated activities to drive performance of the team

What we value :

These skills will help you succeed in this role :

Education & Preferred Qualifications :

Additional requirements :

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program 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 perspective 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 the 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 program 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.

Skills Required

Ms Excel, securitization, Structured Finance, MBS, cdo