Fund Accounting, Associate 2

Who we are looking for

The role is in Bridge team under Fund Accounting. It's an Audit co-ordination team.

Hybrid role: This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

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

As an Associate 2 you will undertake the following, with a goal of 100% accuracy, timeliness, and completeness:

• Daily Reconciliations of Trade, cash, positions etc.

• Reconciliation of portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures, and other evolving derivative instruments)

• Perform various client specific activities in detail on different types of financial instrument.

• Have an understanding of Cash at broker, Dividend reconciliation (qualified/ non-qualified), Bonds, Collateral.

• Perform various confirmation process (Trade, holdings, derivatives, FX etc.)

• Basic understanding of Fund Accounting knowledge on different instruments and how they reflect in financial Statements.

• Research and resolve inquiries in a timely and accurate manner and communicate effectively.

• Escalate unresolved issues to management as required.

• Maintain appropriate records of daily and monthly activities.

• Maintain knowledge of current alternative procedures and processes

• Document any updates or changes to formal procedures, databases, etc.

• During 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.

• Excellent communication, organization, interpersonal planning, and analytical skills

What we value

These skills will help you succeed in this role

• Some understanding of financial services and investment products.

• Strong attention to detail and a focus on service.

• Strong written and verbal communication skills

Education & Preferred Qualifications

• Bachelor's degree or equivalent work experience with a focus in Accounting and Finance.

• Microsoft office

Additional requirements

Location: Bangalore

Shift: EMEA

Are you the right candidate? Yes

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs 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.

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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