FAQs
What is the primary responsibility of the Associate 2 in Fund Services Fund Administration?
The primary responsibility is to provide end-to-end support for investment company clients, ensuring the timely preparation of financial statements for audit and client review while adhering to stringent deadlines.
What are the working hours for this position?
Selected candidates will be required to work shifts that provide reasonable overlap with US, APAC, and EMEA hours.
What educational qualifications are preferred for this role?
A Bachelor's Degree in Commerce or Economics with a specialization in Business, Accounting, Finance, or equivalent experience is preferred.
What type of experience is required for applicants?
Candidates should have 1-3 years of experience in a related accounting or finance field.
What financial statements will I be responsible for preparing?
You will be responsible for preparing private equity and hedge fund financial statements in accordance with relevant GAAP and regulatory requirements.
What skills are important for success in this role?
Important skills include fund accounting, transaction processing, financial analysis, excellent communication skills, problem-solving, and statistical analysis.
Is there a requirement for advanced computer skills?
Yes, demonstrated computer proficiency, including advanced knowledge of Microsoft applications like Excel and Word, is required.
Will there be opportunities for training in this role?
Yes, the position includes on-the-job training and opportunities to volunteer for ad-hoc projects.
What benefits does State Street offer its employees?
State Street offers competitive and comprehensive benefits packages that typically include generous medical care, insurance, savings plans, and access to a flexible work program.
How does State Street support diversity and inclusion?
State Street values diverse backgrounds, experiences, and perspectives, actively fostering an inclusive environment and engaging with communities around the world.