Private Equity, Fund Accounting & administration, Senior Associate

Senior Associate

The Senior Associate will support the performance reporting, data collection, and data validation processes of the LP Services Team in the Alternative Investment Solutions group.  The team member will also assist with new client conversions, systems conversions, and special projects, as well as providing oversight and mentorship to the Associates on the team.

Responsibilities Include:

• Review of scheduled and ad-hoc investment performance and underlying company exposure reporting prepared by Associates
• Preparation of scheduled and ad-hoc investment performance and underlying company exposure reporting for review by Officers
• Perform ongoing quality control checks to ensure data integrity for review by Officers
• Work closely with our data collection team to research and resolve issues in a timely manner
• Work with our clients’ investment managers to collect outstanding financial information
• Provide mentorship and oversight to Associates on the team
• Provide assistance to management on new client conversions, systems conversions, and special projects as needed

Qualifications:

• BA/BS in finance, accounting, or a related discipline is required
• 3-5 years of related experience required
• Private Equity/Alternative Investments exposure is a plus
• Strong organizational, interpersonal and service-oriented skills required
• Strong written and verbal communication skills
• Ability to work in a team-based environment

Additional Skills Include:

• Ability to work in various wed-based applications, MS Excel, and MS Access
• Strong analytical skills, detail oriented, work independently and collaboratively

• Strong verbal and written communications skills and have the ability to handle multiple priorities

Alternative Investment Solutions

State Street’s Alternative Investment Solutions group provides a complete suite of services to more than 750 clients, including institutional investors, hedge fund managers, private equity fund managers and real estate fund managers.  We offer deep, product-specific expertise in alternative investments and flexible, innovative alternative investment solutions, including fund accounting, fund administration, corporate administration, risk and credit services.

We service more than US$1.19 trillion in alternative assets and maintain leadership rankings in most every aspect of the industry:

• No. 1 in real estate fund servicing
• No. 2 in fund of alternative funds servicing
• No. 2 in private equity fund servicing
• No. 2 in hedge fund servicing, based on industry survey data

Our AIS Team

More than 3,145 AIS employees support a diverse base of alternative fund managers and institutional investors around the world, in our offices in Atlanta, Amsterdam, Boston, the Cayman Islands, the Channel Islands (Jersey, Guernsey), China (Hangzhou, Hong Kong, Shanghai), Frankfurt, Ireland (Carrickmines, Drogheda, Dublin, Naas), London, Luxembourg, Milan, New York, New Jersey, Paris, Poland (Krakow), San Francisco, Singapore, Sydney, Tokyo and Toronto.

Limited Partner Services (LP Services)

The LP Services team is focused on providing administrative and analytical solutions to institutional investors in Private Equity and Real Estate.  Our team tracks all communications from our clients’ General Partners, processes all cash movements, updates investment valuations, captures underlying portfolio company and property details, and provides online tools for performance and exposure reporting.

Salary Range:

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 https://hrportal.ehr.com/statestreet/Home.

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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