State Street is a leader in providing administrative fund services to Hedge Fund and Private Equity managers within its Alternative Investment Solutions business group
Job Summary
State Street is a leader in providing administrative fund services to Hedge Fund and Private Equity managers within its Alternative Investment Solutions business group.
The Assistant Vice President will manage a team responsible for accounting and administrative services including income allocation, fee determination, capital event processing, and NAV reporting.
Employees benefit from a comprehensive benefits program including retirement savings with company match, insurance coverage, paid time off, employee assistance programs, and inclusive development opportunities.
Matching Summary
State Street is a leader in providing administrative fund services to Hedge Fund and Private Equity managers within its Alternative Investment Solutions business group.
Salary
Base: $85,000 - $152,500 Annual; Bonus/Equity: Not specified; Benefits: Comprehensive benefits including 401K match, insurance, paid time off, and incentive compensation
Skills & Requirements
Must-have
Private Equity fund accounting
Management and incentive fee calculations
Portfolio and fund level accounting
Client fund onboarding and launch
Compliance with internal policies and regulations
Team management and development
Nice-to-have
Strong critical thinking and problem solving
Effective time management
Good interpersonal skills
Technology solutions design
Cross-sell opportunity identification
High pressure deadline environment
Key Requirements
Bachelor’s degree in Accounting or Finance
5 to 6 years Private Equity experience
Experience with alternative investment asset classes