Apply on Employer Site

State Street · 6 days ago

Financial Reporting, Senior Associate

Quincy, MA

Full-time

Onsite

Mid, Senior Level

$52K/yr - $85K/yr

3+ years exp

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. The role involves preparing and reviewing client financial statements, ensuring accurate delivery of shareholder reporting, and overseeing adherence to standard operating procedures while managing a team and providing coaching and development opportunities.

BankingFinanceFinancial Services

Responsibilities

Prepares and performs 1st level reviews on client financial statements, NPORT Part F, Form N-MFP, processes and clears comments and assists with draft and support distribution to client and auditors, ensuring that all deliverables are completed accurately and within agreed upon time

Provide timely accurate management reporting and issue log maintenance, under moderate supervision

Research and resolve exceptions and issues

Escalate unresolved issues to management as required

Reconcile and resolve discrepancies with other Shared Service teams, external clients and Client Operations as needed

Ensure all inquiries are resolved in a timely and accurate manner and communicates effectively with client when necessary

Coordinate effective and timely flow of critical information to all relevant parties and follows up on administrative details within the department

Oversee the adherence to Standard Operating Procedures

Maintain knowledge of current alternative procedures and processes

Assist with workflow management and technology enhancement, make suggestions to streamline operations

Document any updates or changes to formal procedures, databases, etc

Participate in projects as well as prepare and verify information for those various projects/special requests as directed

Train, develop and motivate new staff and complete performance appraisals

Provide staffing recommendations by interviewing new personnel and Coordinate and supervise work efforts when multiple Associates are needed to complete work

Provide coaching and development opportunities to staff, participate in individual on-going training and development

Has accountability and responsibility for completing and delivering snapshots and reviews on time Make effective recommendations to hire, discipline, control work and terminate employment

Make effective recommendations for promotions, salary increases and bonuses

During normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

Perform duties of Associates if required, perform other duties as assigned

Qualification

Financial ReportingAccountingAnalytical SkillsProblem SolvingTechnology SkillsCommunication SkillsInterpersonal SkillsOrganizational SkillsTime Management