Fund Accounting & Administration, Senior Associate at State Street in Kansas City, Missouri

Job Description:

Who we are looking for

In the Fund Accounting, Senior Associate role, you will deliver highly valued services to clients to ensure quality services are consistently delivered and clients are offered State Street’s full range of services as their needs and our services evolve. You will work in conjunction with individuals on the team as well as other business units, shared services/COE’s, outsource partners, external clients as needed to resolve issues/discrepancies and ensure client satisfaction through seamless processing, accuracy and adherence to all SLA’s/internal standards/guidelines. You will work with COE’s, shared service teams and other business units as required to escalate and resolve client service/operational issue.

Why this role is important to us

The 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. In your role you will help contribute to a successful team 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 that interests you.

What you will be responsible for

As Fund Accounting, Senior Associate you will

• Display and provide expertise in functional and technical knowledge across multiple disciplines, attending training as required


• Promote and complete all activities in line with internal standards (SOPS, Job Aids, etc.)


• Proactively share and promote new ideas to support process improvements and changes to team processed


• Respond in a timely manner to internal/external issues and queries


• Accountable for quality, accuracy and timeliness of results


• Estimate personnel needs, assign work, oversee short-term deliverables, coordinate workflows


• Ensure team is achieving accuracy and meeting pre-determined deadlines


• Deliver training and coaching to staff


• Lead/collaborate with others to drive success of team/department/organization


• Proactively share and promote new ideas to support process improvements and changes to team processes


• Manage own professional development, manager own performance through engaging in the PPR process and attending relevant training


• Effective messaging and communication


• Apply the “risk” escalation chain matching the context/policy to appropriate people


• During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures


• Other duties as assigned


• Hours are 9 am – 6 pm, Monday through Friday, with an international holiday schedule

What we value

These skills will help you succeed in this role

• Must have analytical and problem-solving skills


• Must be detail oriented and deadline driven


• Strong organizational skills and time management skills (ability to prioritize)


• Good interpersonal skills


• Strong verbal and written communication skills


• Adhere to company policies and guidelines


• Build strong relationships with global teams and international clients

Education & Preferred Qualifications

• Bachelor’s degree or equivalent work experience and a focus in Finance, Accounting, or related field preferred 


• 2-4 years related custody and/or fund accounting experience


• Knowledge of financial products preferred


• Computer proficient including working knowledge of desktop software applications (e.g. Excel, Word, etc.)

What we offer

• Hybrid working model


• International operating environment


• Foreign holiday schedule


• Multiple paid volunteer days to support the local community


• On-the-job and additional training

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

COVID-19 Protocols:  Complying with State Street’s COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.