Hedge Fund Accounting & Administration, Officer

State Street Corporation • Sacramento, CA

108d • $70,000 - $115,000

About The Position

Hedge Fund Administration Managers, Officers interact with all levels of professionals both internally and externally. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. Hedge Fund Administration Managers are responsible to direct the day-to-day accounting and administration for several client sponsored investment funds.

Requirements

• Exceptional interpersonal and communication skills
• Ability to perform well under pressure and handle multiple assignments
• Experience in hedge fund administration or related field
• Strong leadership and team management skills
• Detail-oriented with strong prioritization skills
• Ability to manage operational issues and provide technical expertise

Nice To Haves

• Experience with risk and compliance reporting
• Familiarity with client onboarding processes
• Knowledge of performance metrics and KPIs

Responsibilities

• Account for the day-to-day management of team members and the maintenance of assigned activities, allocate and coordinate resources and handle personnel related issues
• Supervision of all subordinate staff levels including Associate 1, Associate 2 and Senior Associates
• Deliver the highest quality of client service and ensure appropriate KPIs are in place and understood
• Produce KPIs for functional team and perform first level review
• Act as the escalation point for operational issues, providing technical expertise as needed
• Track outstanding queries and issues; be detail oriented and prioritize effectively
• Ensure queries are being managed in a timely and positive manner
• Ensure all activities are completed in line with internal standards and review as required; ensure appropriate policies and procedures are in place and adhered to by the functional team
• Create continuous improvement forums enabling teams and peer groups to identify and recommend opportunities
• Support the onboarding of new clients
• Promote a collaborative environment across businesses and jurisdictions fostering change and innovation; always demonstrate a positive attitude to all instructed business related changes
• Deliver key messages and communication effectively to ensure understanding and staff engagement
• Develop, engage and retain an industry leading workforce using all available resources
• Ensure cross training is completed across the functional team and provide specific SME training as required
• Assist with interviewing and hiring staff and make recommendations in relation to staff promotions and disciplinary issues
• Actively participate in local management forums
• Prepare and assist with internal reporting activities (risk/compliance, etc.)
• Exercise discretion and judgment with regard to matters of significance such as identifying and implementing process improvements and driving project work to achieve efficiencies
• Review and coordinate onboarding, conversion, and client change activities as needed and liaise between parties to ensure successful implementation and manage expectations

Benefits

• Salary Range: $70,000 - $115,000 Annual

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities