Job Description

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly. Who we are looking for State Street is an industry leader in providing 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. This opportunity uniquely offers candidates the opportunity to service hybrid hedge and private equity products for industry leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teamsincluding;trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations. Why this role is important to us The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions.From core custody, accounting, fund administration and shareholder recordkeeping,to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS' tools help our clients make better investment choices and act on growth opportunities. Join us if making your mark in the financial services industry from day one is a challenge you are up for. What you willbe responsible for As Fund Accounting & Administration, AVP you will Manage a growing team of financial services professionals in the production and delivery of accounting and administrative services for one or more alternative investment client relationships. Primarily responsible for the allocation of income to investors, determination of management and incentive feesin accordance withthe waterfall provisions, and processing capital events such as capital calls and distributions. Responsible for the portfolio and fund level accounting fornumerousfunds including the review and approval of monthly or quarterly net asset value reporting. Lead the onboarding of existing client funds and the launch of new funds. Demonstrate an unrelenting commitment to clientsatisfaction. Ensure adherence with internal policies and procedures and compliance with external governing regulations. Design and champion technology solutions to address the complex reporting and data requirements of clients. Proactivelyidentifyandparticipatein cross-sell opportunities. Participate in strategic working groups within the organization to improve processes and our operating model. Recruit, hire, train, motivate, and develop staff to realize their full What we value These skills will help you succeed in this role Strong critical thinking, problem solving, anddecision makingskills Good interpersonal skills Attention to detail Effective time management Education & Preferred Qualifications Bachelor's degree in Accounting or Finance At least 5 to 6 years of Private Equity experience Experience with alternative investment asset classes, complex fund structures and fee calculations desired Highly effective communication and management skills Ability to thrive and function in ahigh pressuredeadline driven environment CPA qualification isfavourablebut notrequired Experience with Investran or Genevafavourablebut notrequired About State Street What we do. State Street is one of the largest custodian banks, assetmanagersand asset intelligence companies in the world. From technology to product innovation,we'remaking our mark on the financial services industry. For more than two centuries,we'vebeen helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research &tradingand investment management to institutional clients. Work, Live and Grow. We make all efforts to createa great workenvironment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care,insuranceand savings plans, among otherperks.You'llhave 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. Wetruly believeour 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, genderidentityand 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. Discover more at StateStreet.com/careers Salary Range: $90,000 - $142,500 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: our 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 our 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. For a full overview, visit 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. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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