Who we are looking for
Assistant Vice President level independent contributor needed for the Alternative Investments Transformation team. This role will work closely with Alternative Investments technology, various internal and external stakeholders in a varied and challenging role. A good candidate is able to familiarize themselves with existing solutions quickly and design meaningful solutions for our internal operations team as well as the client. Additionally, candidates must be well-organized and able to deliver projects in a timely manner. Candidates must demonstrate strong initiative, be able to perform well under pressure and be capable of working on multiple, diverse assignments. The candidate will also be expected to learn and interpret user requirements and collaborate closely with internal developers to deliver effective solutions.
What you will be responsible for
As an Assistant Vice President in this role, you will:
Identify, develop and deploy process improvements leading to efficiency gains and/or operational risk reduction.
Learn, create, manage and interpret end-user requirements and work to meet those needs by collaborating with internal developers and cross-functional teams, ensuring successful implementation.
Resolve and escalate project and operational issues in a timely fashion.
Interpret project needs and work to meet those needs.
Provide business requirements and analysis to internal and external clients on current and future state operating models.
Lead meetings/workshops to explain and walk through business requirements.
Understand, follow and demonstrate compliance with all relevant internal policies and procedures, as well as provide input to further development of best practices.
What We Value
These skills will help you succeed in this role:
Strong Fund Accounting skills with in-depth understanding of all stages of the fund life cycle, covering areas such as: capital stock, trades, FXs, income, expenses, valuation, gain loss, and NAV calculation.
Advanced PC Skills – Microsoft products (Word, Excel, PowerPoint, etc.)
Excellent communication skills
Creative problem-solving skills and analysis skills to help build solutions for the investment teams.
Outstanding influencing skills to unify and collaborate with varied teams
Initiative, self-motivation and the ability to work independently
Strong relationship-building skills
Sense of urgency when performing tasks and projects; ability to respond to shifting priorities
Effectively communicate progress and escalations
Be a team player yet display a culture of individual ownership of tasks.
Education & Preferred Qualifications
Bachelor’s degree in a relevant field of study.
5+ years of experience working in back office investment operations or a technology related role.
Preferred experience in Alternative Investments.
Proficiency in Fund Accounting systems.
Preferred experience with Jira and Confluence.
Salary Range:
$80,000 - $132,500 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.
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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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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.