State Street · 1 day ago
Operations Client Service, Assistant Vice President
Quincy, MA
Full-time
Onsite
Mid, Senior Level
$90K/yr - $158K/yr
5+ years expState Street is a global leader in financial services, providing essential support to institutional investors. The Assistant Vice President will manage client relationships and oversee the accounting and administration for client-sponsored investment funds, supervising a team and ensuring compliance with legal documents.
BankingFinanceFinancial Services
Responsibilities
Supervise all junior and senior level staff analysts
Manage client relationships with both client personnel and fund investors
Review quarterly and annual financial work paper packages including portfolio schedules, accruals and partnership capital allocations
Review quarterly and annual financial statements and footnotes
Review and/or preparation of capital calls and distributions, including notices and release merged documents
Review quarterly management fee calculations
Review and/or preparation of various client related correspondence
Work with internal teams regarding client deliverables such as financial statements, capital calls and distribution notices
Heavy client interaction on a daily basis
Coordination of annual audit and tax return preparation with Big 4 accounting firms
Review and/or preparation of waterfall and capital account allocations
Understand how to navigate through limited partnership agreement
Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel
Ensure compliance with investment fund legal documents, i.e. partnership agreement
Assist accounting managers to ensure compliance with investment fund agreements and other legal documents
Special client projects
Manage internal workflow and client deadlines
Qualification
Required
Good accounting knowledge of alternative investments
Ability to interact at various levels of management at very large clients
Ability to communicate answers back to client questions
Ability to manage the day to day operations of a team of 5-10 staff members
Organized and able to multitask
Ability to think independently
Responsible for maintaining direct client relationships
Responsible for day-to-day accounting and administration for several client sponsored investment funds
Supervise all junior and senior level staff analysts
Manage client relationships with both client personnel and fund investors
Review quarterly and annual financial work paper packages including portfolio schedules, accruals and partnership capital allocations
Review quarterly and annual financial statements and footnotes
Review and/or preparation of capital calls and distributions, including notices and release merged documents
Review quarterly management fee calculations
Review and/or preparation of various client related correspondence
Work with internal teams regarding client deliverables such as financial statements, capital calls and distribution notices
Heavy client interaction on a daily basis
Coordination of annual audit and tax return preparation with Big 4 accounting firms
Review and/or preparation of waterfall and capital account allocations
Understand how to navigate through limited partnership agreement
Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel
Ensure compliance with investment fund legal documents, i.e. partnership agreement
Assist accounting managers to ensure compliance with investment fund agreements and other legal documents
Special client projects
Manage internal workflow and client deadlines
Strong critical thinking, problem solving, and decision making skills
Good organizational skills
Good communication skills
Preferred
5-7 Years of Accounting experience
5-7 Years of Alternative Investment experience
5-7 Years of Managing a team
MCH and Excel knowledge
Benefits
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
Eligibility for certain tax advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Vibrant employee networks
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
Andrew Zitney
Executive Vice President, Chief Technology Officer
Recent News
2025-12-30
2025-12-30
Company data provided by crunchbase