Job Description

Head of Fund Accounting Asset Managers (AMs) (North America), Managing Director

2 days ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

About the Role

North America Head of Fund Accounting, AMs is a key leadership position within the Global Fund Accounting Team in Global Delivery. The role is responsible for the organization, management, and delivery of the entire suite of accounting services to asset manager clients in North America. The accounting team delivers core services to State Street end customers and is directly accountable for positive and consistent service delivery and client outcomes. This role requires significant leadership across North America and reports to the North America Head of Fund Accounting, ensuring services are meeting or exceeding State Street Standards globally.

What You Will Be Responsible For

• Accounting activities are performed, and services are delivered to clients in accordance with all contractual and client service level agreements. Focus on client outcomes, problem solving, cooperating, and communicating with the rest of the organization to achieve shared success.
• Implement high standards of accuracy and timeliness, delivering services efficiently with a continuous focus on improving quality and productivity. Ensure timeliness and accuracy of NAV calculations.
• Document and adhere to operating policies, procedures, and controls that are compliant with relevant SOC/ISAE controls and regulatory requirements.
• Maintain key metrics, performance and risk indicators to track volumes, manage growth, service delivery quality, cost, productivity, efficiency, and risk. Identify and develop opportunities for transformation and capacity creation, driving productivity and operational effectiveness.
• Manage financial performance to operating plan, ensuring forecasts are accurate and headcount and expenses are actively managed to achieve agreed efficiency targets.
• Represent Fund Accounting appropriately, prepare for and actively participate in client meetings, presentations, and due diligence reviews.
• Develop and lead a large, highperforming team, fostering talent development, employee engagement, and succession planning.
• Support control, risk, compliance/ethics, and internal audit reviews or inspections, ensuring no open or overdue actions for accounting.

What We Value

• Proven track record at a senior global level in asset servicing or asset management, with over 15 years leadership experience within operations and/or technology.
• Ability to navigate a large, global organization, build meaningful relationships, and develop an effective network.
• Strong technical knowledge of accounting and fund services, with deep experience interfacing at a senior level with clients, thirdparty managers, and regulators.
• Exceptional communication and relationship management skills, with the ability to think strategically, manage complexity, and handle multiple key priorities.
• Ability to achieve or exceed financial goals through expense discipline and headcount management.
• Crosscultural awareness and the ability to connect with colleagues globally in a collaborative, open work environment.
• Willingness for regular business travel.

Education & Preferred Qualifications

• 15+ years of experience in financial services, presently in a leadership role managing large operations.
• Technical knowledge of fund accounting activities and associated regulations.
• Experience interfacing at a senior level with clients, service providers, and regulators.

About State Street

StateStreet is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. From technology to product innovation, were making our mark on the financial services industry. For more than two centuries, weve 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.

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.

State Street is an equal opportunity and affirmative action employer.

Salary Range

$170,000 - $252,500 Annual

Benefits Overview

Employees are eligible to participate in State Streets comprehensive benefits program, which includes a retirement savings plan (401(k) with company match), insurance coverage (basic life, medical, dental, vision, longterm disability, and other optional coverages), paidtime off including vacation, sick leave, shortterm disability, and family care responsibilities; access to the Employee Assistance Program; incentive compensation including eligibility for annual performancebased awards; and eligibility for certain taxadvantaged savings plans.

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.

Job Tags

Similar Jobs