State Street · 2 months ago
Head of Fund Accounting Asset Managers (AM’s) (North America), Managing Director
Quincy, Massachusetts
Full-time
Onsite
Director/Executive
$170K/yr - $252K/yr
15+ years expState Street is one of the largest custodian banks and asset managers in the world, and they are seeking a North America Head of Fund Accounting, AM’s, Managing Director. This role is responsible for the organization, management, and delivery of accounting services to asset manager clients in North America, ensuring high standards of service delivery and client outcomes while leading a large team.
BankingFinanceFinancial Services
Responsibilities
Accounting activities are performed, and services are delivered to clients in accordance with all contractual and client service level agreements. Focus on client outcomes, problem solving, cooperating and communicating with rest of organization to achieve shared success
High standards of accuracy and timeliness, delivering services in an efficient and controlled manner with a continuous focus on improving quality and productivity. Ensure timeliness and accuracy of NAV calculations. Does not include AIS accounting services
Operating policies, procedures and controls are documented, adhered to and are compliant with relevant SOC/ISAE controls and regulatory requirements
Key metrics, performance and risk indicators are in place to track volumes, manage growth, service delivery quality, cost, productivity, efficiency and risk. Identify and develop opportunities for transformation and capacity creation. Drive productivity and operational effectiveness
Financial performance to operating plan, forecasts are accurate, headcount and expenses are actively managed and agreed efficiency targets are achieved
Fund Accounting are appropriately represented, prepare for and actively participate at client meetings, presentations and due diligence reviews
Business continuity planning and execution. Development of a scalable, robust operating model that delivers resiliency. Strategic interactions with key stakeholders and partners to ensure continued operations
Develop and lead a large team, fostering high performance and creating a destination for top talent. Develop effective modes of communication, delegation, talent development, employee engagement, and succession planning
Control, risk, compliance/ethics and internal audit reviews or inspections are fully supported and there are no open or overdue actions for accounting
Qualification
Required
A proven track record at a senior global level in asset servicing or asset management
Over 15 years' leadership experience within operations and or technology
Navigate a large, global organization
Build meaningful relationships and develop an effective network
Able to process feedback and develop meaningful actions to resolve identified challenges along reasonable timescales
Solid technical knowledge of accounting and fund services
Deep experience interfacing at a senior level with clients across product segments, market trends, third party managers and regulators
Proven leadership skills as well as managing and developing a high performing operations team
Exceptional communication and relationship management skills
Ability to think strategically, manage complexity, significant change and multiple key priorities
Excellent time management, presentation skills and communication to multiple levels (clients, other 3rd parties, executives, peers, subordinates)
Flexibility across multiple communication formats
Proven track record of achieving/exceeding financial goals through expense discipline and headcount management
Cross-cultural awareness and the ability to connect with colleagues globally in a collaborative, open work environment
Willingness for regular business travel
15 years + experience in financial services, presently in a leadership role managing large operations
Technical knowledge of fund accounting activities and associated regulations
Experience interfacing at a senior level with Clients, service providers and Regulators
Benefits
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)
Eligibility for certain tax advantaged savings plans
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
2025-12-30
2025-12-30
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