Why this role is important to us

The Alternative Investment Services (AIS) Centralized Pricing (CP) team is responsible for supporting fund of hedge fund teams globally in the set-up of securities, maintenance of hedge fund liquidity data and entry of pricing data.  You will operate as a senior member of the CP team assisting in the completion of accurate pricing, security set up and liquidity information for fund of funds investments while overseeing associate level tasks and contributing to the development of the team.

What you will be responsible for

As Centralized Pricing, Officer you will:

Review and assist staff with private equity valuations and assist in resolving private equity valuations related queries, audits and other ad hoc financial reports as required.

Oversee the review, validation, approval and monitoring of the process workflow

Account for daily management of functional team(s) and manage daily service delivery and production activities performed by staff

Oversee offshore teams, performance tracking , participation in monthly/quarterly calls, transitioning new funds/business to offshore teams

Primary contact and key escalation point for critical operational issues, as well as technical expert to resolve daily problems

Manage and escalate issues related to Business Unit Shared Services and COEs

Assist with conversions of new business, plan for and review client specific agreements and internal policies

Ensure appropriate records of daily and monthly activities are complete and maintained

Identify and implement consistent operational best practices

Assist in documenting and reviewing procedures, recommend controls and risk strategies

Coordinate the implementation of new funds, systems and processes, assist with client conversions and other client projects

Promote a risk awareness culture in staff

Provide coaching and development opportunities to staff

Ensure self and team anticipates, monitors, actively manages and reports all risk and compliance issues, breaches and suspicious activities

Act in accordance with Risk Excellence and role model Ethical behavior and decision making as part of our Way Ahead foundation

Perform other duties as required

Education & Preferred Qualifications

Bachelor’s degree, prefer finance, accounting, economics or business management  major 

4+ years of related experience in private equity fund of funds or private equity fund accounting.

Proficient in email management

Strong problem solving and analytical skills 

Strong communication, interpersonal, and organizational skills

Ability to communicate with various internal teams to resolve inquiries and understanding when to escalate 

Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments 

Excellent administrative and organizational with the proven ability to multi-task and to work efficiently to meet client deliverables 

Excellent written and verbal communication skills in English is required to cover international clients.

About us 

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.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective 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 the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and 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 program 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:

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.

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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