Assistant Vice President

The Assistant Vice President (AVP) oversees the management of teams that provide performance reporting, data collection, and data validation services to clients on the Private Market team with the Asset Owner group.  The AVP acts as the primary escalation point for our clients, who are some of the largest institutional investors in Alternative Investments in the world.  They will lead efforts on new client conversions, systems updates, and special projects, as well as providing direct oversight and mentorship to the Officers on the team.  The AVP will also work closely with our clients to provide data support and reporting solutions, participate in client RFP discussions, and lead client training sessions, as needed.

Responsibilities Include:

Ensure their teams are delivering timely and accurate data updates and reports to our clients and their constituents

Work closely with clients to provide reporting solutions via online training, as needed

Provide direct oversight and mentorship to Officers on the team

Ensure that all team members are following Standard Operating Procedures, and that quality control checks are in place for all client deliverables

Provide secondary review of scheduled and ad-hoc investment performance and underlying company exposure reporting prepared by Officers and Associates, as needed

Work with senior managers to assist with new client conversions, RFP responses, development and rollout of system enhancements, and special projects as needed

Qualifications:

BA/BS in finance, accounting, or a related discipline - MBA, CFA, or CPA is a plus

8-10 years of experience working in Alternative Investments required

Proven expertise in performance measurement and accounting for Alternative Investments

Excellent organizational, interpersonal and service-oriented skills required

Proven ability to lead a team of managers and associates working on a wide array of responsibilities

Additional Skills Include:

Ability to work in various wed-based applications and MS Office tools

Strong analytical skills, detail oriented, work independently and collaboratively

Strong verbal and written communications skills and have the ability to handle multiple priorities

Alternative Investment Solutions

State Street’s Alternative Investment Solutions group provides a complete suite of services to more than 750 clients, including institutional investors, hedge fund managers, private equity fund managers and real estate fund managers.We offer deep, product-specific expertise in alternative investments and flexible, innovative alternative investment solutions, including fund accounting, fund administration, corporate administration, risk and credit services.

Alternative Investments Administration Services

The Private Market team is focused on providing administrative and analytical solutions to institutional investors in Private Equity and Real Estate. Our team tracks all communications from our clients’ General Partners, processes all cash movements, updates investment valuations, captures underlying portfolio company and property details, and provides online tools for performance and exposure reporting.

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.

Discover more at StateStreet.com/careers

Salary Range:

The 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.

Job 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.

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