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State Street · 1 week ago

Hedge Fund Accounting & Administration, Officer

Sacramento, CA

Full-time

Onsite

Mid, Senior Level

$75K/yr - $120K/yr

State Street is a global leader in financial services, helping institutional investors manage risk and drive performance. They are seeking a Hedge Fund Accounting & Administration Officer to oversee day-to-day accounting and administration for client-sponsored investment funds while ensuring high-quality client service and team management.

BankingFinanceFinancial Services

Responsibilities

Account for the day-to-day management of team members and the maintenance of assigned activities, allocate and coordinate resources and handle personnel related issues

Supervision of all subordinate staff levels including Associate 1, Associate 2 and Senior Associates

Deliver the highest quality of client service and ensure appropriate KPIs are in place and understood

Produce KPIs for functional team and perform first level review

Act as the escalation point for operational issues, providing technical expertise as needed

Track outstanding queries and issues; be detail oriented and prioritize effectively

Ensure queries are being managed in a timely and positive manner

Ensure all activities are completed in line with internal standards and review as required; ensure appropriate policies and procedures are in place and adhered to by the functional team

Create continuous improvement forums enabling teams and peer groups to identify and recommend opportunities

Support the onboarding of new clients

Promote a collaborative environment across businesses and jurisdictions fostering change and innovation; always demonstrate a positive attitude to all instructed business related changes

Deliver key messages and communication effectively to ensure understanding and staff engagement

Develop, engage and retain an industry leading workforce using all available resources

Ensure cross training is completed across the functional team and provide specific SME training as required

Assist with interviewing and hiring staff and make recommendations in relation to staff promotions and disciplinary issues

Actively participate in local management forums

Prepare and assist with internal reporting activities (risk/compliance, etc.)

Exercise discretion and judgment with regard to matters of significance such as identifying and implementing process improvements and driving project work to achieve efficiencies

Review and coordinate onboarding, conversion, and client change activities as needed and liaise between parties to ensure successful implementation and manage expectations

Provide coaching and development opportunities to staff and responsible for completing and delivering PPRs on time

Make effective recommendations to hire, discipline, control work, determine promotions, salary increases, bonuses and terminate employment

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

Share responsibility with: Individuals on the team and other internal/external teams as needed to resolve issues/discrepancies and ensure client satisfaction; and local, regional or global working groups to advance and assist projects or committees as required

Collaborate with appropriate teams globally to ensure consistent service delivery, client solutions and client satisfaction

Qualification

Hedge Fund AdministrationClient Service ManagementRisk ManagementTeam LeadershipInterpersonal SkillsCoachingDevelopmentProcess ImprovementCommunication Skills

Required

Exceptional interpersonal and communication skills

Demonstrate initiative

Ability to perform well under pressure

Ability to simultaneously handle multiple assignments

Account for the day-to-day management of team members

Maintenance of assigned activities

Allocate and coordinate resources

Handle personnel related issues

Supervision of all subordinate staff levels including Associate 1, Associate 2 and Senior Associates

Deliver the highest quality of client service

Ensure appropriate KPIs are in place and understood

Produce KPIs for functional team

Perform first level review

Act as the escalation point for operational issues

Provide technical expertise as needed

Track outstanding queries and issues

Be detail oriented and prioritize effectively

Ensure queries are being managed in a timely and positive manner

Ensure all activities are completed in line with internal standards

Review as required

Ensure appropriate policies and procedures are in place and adhered to by the functional team

Create continuous improvement forums

Support the onboarding of new clients

Promote a collaborative environment across businesses and jurisdictions

Foster change and innovation

Demonstrate a positive attitude to all instructed business related changes

Deliver key messages and communication effectively

Ensure understanding and staff engagement

Develop, engage and retain an industry leading workforce

Ensure cross training is completed across the functional team

Provide specific SME training as required

Assist with interviewing and hiring staff

Make recommendations in relation to staff promotions and disciplinary issues

Actively participate in local management forums

Prepare and assist with internal reporting activities (risk/compliance, etc.)

Exercise discretion and judgment with regard to matters of significance

Identify and implement process improvements

Drive project work to achieve efficiencies

Review and coordinate onboarding, conversion, and client change activities

Liaise between parties to ensure successful implementation and manage expectations

Provide coaching and development opportunities to staff

Responsible for completing and delivering PPRs on time

Make effective recommendations to hire, discipline, control work, determine promotions, salary increases, bonuses and terminate employment

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

Role model Ethical behavior and decision making as part of our Way Ahead foundation

Perform other duties as required

Share responsibility with individuals on the team and other internal/external teams as needed to resolve issues/discrepancies and ensure client satisfaction

Collaborate with appropriate teams globally to ensure consistent service delivery, client solutions and client satisfaction