Treasury Services

State Street Corporation NYSE STT is one of the world s leading providers of financial services to institutional investors including investment servicing investment management and investment research and trading With 33 99 trillion in assets under custody and administration and 2 81 trillion in assets under management as of September 30 2018 State Street operates in more than 100 geographic markets worldwide including the US Canada Europe the Middle East and Asia For more information visit State Streets website at www statestreet com This figure is presented as of September 30 2018 and includes approximately 28 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors LLC SSGA FD acts solely as the marketing agent SSGA FD and State Street Global Advisors are affiliated Responsibilities Manage the day-to-day activities of a functional oversight team by monitoring reviewing and validating all daily activity to ensure accuracy and timeliness in calculations and processing as well as adherence to controls e g ensuring accurate g l and or balance for daily pricing Undertake the following with a goal of 100 accuracy timeliness and completeness Calculate and validate a daily and or weekly and or monthly Net Asset Value NAV for your assigned funds Assist and train others in your team with their NAV calculation and problem resolution Design and implement operational efficiencies 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 Ensure appropriate records of daily and monthly activities are kept 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 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 PPRs on time Make effective recommendations to hire discipline control work and terminate employment Make effective recommendations for promotions salary increases and bonuses During the course of 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 Experience Requirements Minimum of 3-4 years of Fund Accounting experience Knowledge of securities language and legal requirements Good interpersonal and organizational skills Some understanding of operational functions within Hedge Mutual Fund Accounting Education Requirements Novice to Competent with a Bachelors degree or equivalent work experience with a focus in Accounting Economics Finance Technical or related field preferred Proficient with Microsoft Office Products Excel Word Night shifts Excellent communication organization interpersonal planning and analytical skills Deadline and detail oriented