Senior Manager - Investor Services

Recruiter
State Street.
Location
Bangalore, India
Salary
Not disclosed
Posted
27 Apr 2021
Closes
27 May 2021
Ref
R-658198
Contract type
Permanent
Hours
Full time
Experience level
Manager

AIS Investor Services Operations

Job title: AIS Investor Services, Senior Manager

Reports to: AIS Investor Services AVP

Position Description

This management position is within the Investor Services business unit of the State Street Alternative Investment Services Group.

Sr Mgrs interact with all levels of professionals both internally and externally. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. Sr Mgrs are responsible to direct the day-to-day Investor Services operations for several client sponsored hedge funds & private equities.

Main Responsibilities:

i)    Managing Operations

  • Team is responsible for financial transaction processing (subscription, redemption, transfer, switches, redemption wire payment, expense wire payment, distribution wire payment) and non-financial activities (new investor creation, contact creation, static data maintenance, statement distribution, audit confirm creation, responding to investor / client queries, multiple time bound projects) both maker and checker. Ensuring seamless service delivery is the primary responsibility of the SR MGR
  • Certain transactions require second review by SR MGRs depending on amount & risk involved – SR MGRs are expected to be fully hands on with process to be able to sign off such transaction
  • SR MGRs are expected to handle new client / activity transition actively (hiring of staffs, designing training model, monitoring training progress, flagging issues with training, signing off go live)
  • Ability to own investor / client queries (telephonic & email) and timely resolution is absolute requirement – prior experience of handling direct investor / client communication would be preferred
  • Ability to handle migration project start to end, design training plan, skill assessment, gap analysis, SWOT analysis for pitching in to enhance scope
  • Delegate tasks and manage employee development
  • Coordinate with auditors internal and external to meet deadlines and requirements
  • Ensure all internal controls and compliance procedures are properly implemented
  • To escalate and discuss issues as required
  • Identify scope for process improvements on an ongoing basis

ii)   Service Delivery & Service Quality

  • Adhere to State Street Alternative Investment Solutions (AIS) strict internal control procedures
  • Ensure monthly and quarterly client deliverables are achieved
  • Actively guiding team to go through difficult situation
  • During the course of normal day to day operation, 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.
  • Take active role in performing error analysis, agreeing on remedial action plan & implementing agreed controls
  • Ensure continuous quality improvement

iii)  People Management

  • Demonstrate positive leadership and people management skills and the ability to work well with others, individually and within a group
  • Coordinate performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals on designated staff
  • Actively monitoring staffs under special performance monitoring
  • Participating in total compensation planning for the team
  • Lead by example and support employee development and growth

iv)  Other Responsibilities

  • Integrate new business/client onboarding
  • Coordinate and manage special client and corporate projects

The SR MGR interacts with all levels of professionals both internally and externally.

  • The SR MGR interacts with all levels of professionals both internally and externally. A strong foundation with communication and interpersonal skills are essential. Candidates with the following attributes, skills and experience are preferred:

  • Proactive – self starter
  • Ability to multi–task and work under time constraints without compromising on quality
  • Candidate should be open to work in European and North American shift hours as needed by the business
  • Ability to attend conference calls during non-local business hours
  • MS office products (Excel, Word, PowerPoint, Access, Visio, PowerBI, SharePoint)
  • Proven track record of innovation (knowledge of VBA and advanced excel skills would be beneficial)
  • Prior experience to handle large team
  • Fluency in writing and speaking English

Academy and experience required:

  • Minimum 10 years of relevant work experience
  • Candidate must have a university degree (accounting, business, mathematics, finance or economics)
  • Strong investor services experience required
  • Exposure to Hedge fund, Private Equity or Real Asset funds

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

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