Financial Reporting, Senior Associate

Who we are looking for:

With continued growth of the global alternative investment business and regulatory reporting requirement from official regulators, we are currently seeking an experienced professional to join our regulatory reporting team.

The role will encompass involvement in new regulatory reporting initiatives, Dodd Frank, Directive on Alternative Investment Fund Managers, arising from recent changes in legislation.

Why this role is important to us:

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for:

• Plan calendars for regulatory report production to ensure timely preparation, review and circulation to clients/auditors.
• Review of regulatory calculations for each client
• Maintain a supportive and service role to internal teams and the client
• Maintain and update as appropriate client files and customisations
• Review client regulatory reports, updates etc.
• Maintenance and resolvement of issue logs
• Manage workflow efficiencies of the whole team to meet client deliverables and to ensure timely and accurate production of reports, by allocating and organizing work, setting deadlines and implementing procedures
• Enforce adherence to company policies and procedures
• Provide training to new staff members as well as provides developmental opportunities and performance evaluation to existing staff. Write and deliver performance appraisals.
• Foster relationship with clients and other areas of the bank to ensure timely delivery of high quality deliverables
• Other special projects or tasks as assigned
• Administrative duties of a sundry nature.

Skills/Knowledge

• A basic to in depth knowledge of Form PF and AIFMD regulations and implications on regulatory reporting
• Prior experience of NAV and fund accounting beneficial.
• Strong organizational and time management skills – ability to prioritise tasks and manage own workload.
• Strong verbal and written communication skills, should have ability to concisely and accurately summarise complex issues in written form.
• Should possess strong initiative, and be able to create innovative solutions to problems without a high degree of supervision.
• Good interpersonal skills.
• Must have ability to perform effectively within strict deadlines.
• High degree of IT Literacy in particular MS Excel.
• Strong issue resolution skills.

Education and Experience

• Degree/Qualification in Accounting or Finance or Business related area
• Experience within Funds Industry mandatory
• Experience in project management is desirable

About State Street

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.

End Date: November 30, 2024

For further information, and to apply, please visit our website via the “Apply” button below.