Fund Accounting - Senior Associate

Job Description

The main function of the role is : Work in conjunction with individuals on the team as well as other Shared Services / COEs, outsource partners, Client Operations, other business units as needed to ensure seamless processing according to the fund's policies, to ensure NAV / yield accuracy and that all SLAs are met.

What you will be responsible for :

As Senior Associate you will :

• 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.
• 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.

What we value :

These skills will help you succeed in this role :

Competencies :

Mandatory Skill Sets :

Additional Skill Sets :

Education & Preferred Qualifications :

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.

In

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.

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