Senior Associate Senior Associate …

State Street Bank
in North Tustin, CA, United States
Permanent, Full time
Be the first to apply
Competitive
State Street Bank
in North Tustin, CA, United States
Permanent, Full time
Be the first to apply
Competitive
Senior Associate
Alternative Funds, Senior Associate Irvine, California/en-US/Global/job/Irvine-California/Alternative-Funds--Senior-Associate_R-629129/apply

Portfolio Operations Alternative Funds Senior Associate

The Senior Associate will be responsible for the day to day operations of the Alternative Investments (Alternative Funds and Private Equity Funds), including oversight and work review of a team.

These activities will include aspects of the following:

Transactions processing and settlements handholding of tickets and manual directives. Calculation and processing of monthly payments (interest, principal and fees) for whole loans, private loans and distressed assets. Verification and manual instruction of recurring payments (interest, principal and fees) for financing lines of credits. Confirmations of receipts or deliveries of payments. Remittance reports reviews and reconciliations. Verification of expense reimbursements. Counterparty real estate loans reconciliations. Joint venture vendors financial reports reconciliations. Fees amortization. Sweeps of cash collateral balances. Fund performance reconciliations and attribution analysis. Daily, MTD and YTD P&L reconciliations. Daily custody cash reconciliations. Monthly accounting market values reconciliations.

In addition to the above routine activities, the SA will also provide various ad-hoc or administrative support. The SA will maintain procedures to handle business requirements. There will be direct interaction with counterparties, servicers, custodian, accounting agents and investment manager contacts to research and explain exceptions and to achieve resolution. The SA will assist with requests for ad hoc reports and projects.

Qualifications:

  • Bachelors Degree with emphasis in business, finance, accounting or economics.
  • At least 2 years of industry experience. Working knowledge in the following:
  • Fixed income and alternative investments accounting.
  • Securities operations and investment manager middle and back office operations.
  • Custody, broker and depository platforms.
  • Critical thinking, analytical, time management and organization skills. Strong communication and interpersonal skills in both verbal and written forms. Computer proficient, including spreadsheet (MS Excel) and database applications skills.
Posted TodayFull timeR-629129

Across 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.

Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. Its also part of our commitment to inclusion, development and engagement, and corporate social responsibility. Youll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.

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