Operations Client Service, Assistant Vice President

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Who we are looking forCandidate must have a good accounting knowledge of alternative investments. We are looking for someone that can interact at various levels of management at very large clients where they are able to communicate answers back to their questions. We are looking for someone that can manage the day to day operations of a team of 5-10 staff members. We are looking for a candidate that is organized and multitask and be able to think independently. Alterative Investment AVP would be responsible for maintaining direct client relationships and the day-to-day accounting and administration for several client sponsored investment funds.Why this role is important to usThe team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.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 forAs Assistant Vice President you willSupervise all junior and senior level staff analystsManage client relationships with both client personnel and fund investorsReview quarterly and annual financial work paper packages including portfolio schedules, accruals and partnership capital allocationsReview quarterly and annual financial statements and footnotesReview and/or preparation of capital calls and distributions, including notices and release merged documentsReview quarterly management fee calculationsReview and/or preparation of various client related correspondenceWork with internal teams regarding client deliverables such as financial statements, capital calls and distribution noticesHeavy client interaction on a daily basisCoordination of annual audit and tax return preparation with Big 4 accounting firmsReview and/or preparation of waterfall and capital account allocationsUnderstand how to navigate through limited partnership agreementMaintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnelEnsure compliance with investment fund legal documents, i.e. partnership agreementAssist accounting managers to ensure compliance with investment fund agreements and other legal documentsSpecial client projectsManage internal workflow and client deadlinesWhat we valueThese skills will help you succeed in this roleStrong critical thinking, problem solving, and decision making skillsGood organizational skillsGood communication skillsEducation & Preferred Qualifications5-7 Years of Accounting experience5-7 Yeas of Alternative Investment experience5-7 Years of Managing a teamMCH and Excel knowledgeSalary Range:$90,000 - $157,500 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.For a full overview, visit https://hrportal.ehr.com/statestreet/Home.About State StreetAcross 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.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementJob Application Disclosure:It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.