Who we are looking for:

Associate 2 Net Asset Value Specialist will be responsible for reviewing accurate and timely reconciliations integral to the completion of the Net Asset Value (NAV) of a fund that is used for Investor dealing and external publication, plus various other client specific reports distributed on a regular basis. This involves adherence to strict deadlines while maintaining close attention to detail.

Why this role is important to us:

The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

What you will be responsible for:

As Net Asset Value Specialist Associate 2 you will:

• Assisting with the accurate and timely production of the Net Asset Value
• Ensuring all positions are priced correctly
• Verifying that corporate actions have been processed accurately
• Processing and reviewing fund capital activity
• Performing and assisting review of cash and position reconciliations of listed and derivative products
• Supervising investigation and resolution of all reconciling cash and position items
• Coordinating with other departments on miscellaneous fund queries and reconciliations
• Processing and reviewing of various accounting transactions
• Assisting with training and development of staff

What we value:

This position offers the successful candidate the opportunity to broaden their knowledge of complex hedge fund structures operating in a dynamic, deadline sensitive environment. The candidate will contribute to the development of the team, on the job staff training, liaising with external parties and enhancing client satisfaction.     

Education & Preferred Qualifications:

• Degree in Business, Accounting or related field.
• Approx 2 years related experience in a fund accounting environment, including knowledge of cash and position reconciliation in funds (hedge or mutual)
• Knowledge of financial products such as equities, futures, fixed income, options, etc
• Knowledge of corporate actions will be an advantage
• Excellent attention to detail
• Strong numerical / analytical skills
• Ability to work in a fast-paced environment
• Highly computer literate
• Excellent communication skills
• Organised and Deadline-driven

Good team player, with supervisory experience a distinct advantage

About State Street

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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