Fund Accounting & Administration, Associate 2

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).

Work, Live and Grow

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have 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

We truly believe our 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. 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

$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: 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.

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.