Transfer Agency, Assc1

State Street.
Hangzhou, China
Not disclosed
17 Jun 2021
18 Jun 2021
Contract type
Full time
Experience level
Qualified accountant

Who we are looking for:

As an administrator, your role will be responsible for setting up and maintaining unit holder, adviser and dealership records for our clients, in accordance with current legislation, service level agreement, validity guideline and standing operational procedures. The focus is to well look after the clients with the highest quality in terms of timeliness & accuracy within the agreed turnaround times & SSAL schedules. An excellent understanding of the client specific procedures, timely responding and escalating any issues during the day is required.

Why this role is important to us:

  • Process transactions in accordance with the service standards, in a timely and accurate manner, i.e. applications, redemptions, switches, off-market transfers and deceased estate transactions;
  • Dealer & Adviser Maintenance
  • Unit holder Maintenance
  • Assisting in the preparation and distribution of various management and client reporting
  • Collect, record and report statistical information for clients
  • Promptly respond to queries from the client, unit holder and homesite
  • Perform AML/KYC (Anti Money Laundering/Know Your Customer) checks on new unit holders and transaction monitoring on all unit holders
  • Ensure that all daily and monthly operational registry and reporting deliverables for all internal and external stakeholders in a timely and accurate manner

What you will be responsible for:

As Fund accountants are primarily responsible for the timely and accurate execution and reporting of net asset valuations (NAVs) for our clients’ accounts (funds). The fund accountant identifies, analyzes and substantiates impacts to the NAV. Critical functions performed include the processing and verification of all subscription and redemption activity (for unitized products), posting and monitoring of expense accruals, security transaction and corporate action review, monitoring of dividend and interest income and accruals, mark-to-market calculations, monitoring of securities pricing impacts, price dissemination and generating various accounting-based reporting.

What we value:

These skills will help you succeed in this role:

The fund accountant also reconciles various accounts, or reviews reconciliations prepared by others to ensure the integrity of the NAV. Lastly, you may also be involved with income distributions, help prepare financial statements or audit funds.

Education & Preferred Qualifications:

  • Bachelor degree or above
  • Demonstrate ability to resolve issues and client queries independently and communicate with other teams in English, both verbally and in writing;
  • Act collaboratively in the team.

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.

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

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