Alternative Ops Transfer Agency - Senior Associate

Who we are looking forWe are looking for a Senior Associate reporting to an Officer. This role also requires to interacts with all levels of professionals both internally and externally. Hence a strong foundation of communication and interpersonal skills are essential.Why this role is important to usThis position is within the Investor Services business unit of the State Street’s Alternative Investment Services Group. And is responsible for processing and quality checking of transactions and updating the registers of our clients in response to investor instructions. This role requires day to day oversight and review of tasks prepared by a client facing team.What you will be responsible forWorking on Hedge fund & private equity investor services operations, showing ownership for a group of clients assigned, taking initiative to own operations for assigned clientsResponsible for processing and review of Capital activities (subscription, redemption, transfer, switches, redemption wire payment, expense wire payment, distribution wire payment) and non-financial activities (new investor creation, static data maintenance, statement & contract note distribution, audit confirm, responding to investor / client queries & multiple time bound projects).Ability to own investor / client queries (telephonic & email) and timely resolution is absolute requirement – prior experience of handling direct investor / client communication would be preferredAble to follow and strictly adhere to pre-established policies and procedures.Responsible for preparing standard operating procedure (SOP) and Job aid and conduct periodical reviews to check for updates.Account opening and new client On-boarding.Maintain established quality/accuracy and timeliness standards with respect to all types of activities.Interact with host location and clients and able to resolve all the queries independently.Identify discrepancies affecting accounts, make necessary corrections where possible, or route information to the originating area and follows through until corrections are made.Respond to internal and external queries, resolving discrepancies related to investor accounts.Require to co-ordinate with host location for daily deliverables, should be able to work with tight SLA (service level agreement) while maintaining agreed accuracy and timeline.Conduct training/refresher for team members and new joiners.Able to work within pre-determined deadlines and prioritizing workloads whilst working under pressure.In day-to-day operation, would be responsible for identifying any unusual or potentially suspicious transactional activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.What we value These skills will help you succeed in this roleWorking knowledge of Microsoft packages, including Excel, Outlook and Word.Good English, written and oral communication skills.Should be able to interact and communicate with Co-workers in a clear, through and concise manner.Organizational and time management skillsGood analytical, numerical and reasoning skills.Good understanding of Anti-money laundering is a plus.Knowledge of investors’ FATCA and CRS requirement is a plus.Education & Preferred Qualifications3-5 years relevant financial services experience in a Transfer Agency or Investor Services domain.Knowledge of Hedge fund Transfer Agency will be an added advantage.Prior experience of handling direct investor / client communication will be preferred.Candidate must have a university degree (accounting, business, mathematics, finance or economics)Work RequirementCandidate should be flexible with Shift timing (7pm -4am)About State StreetAcross 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.We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.Discover more information on jobs at StateStreet.com/careersRead our CEO Statement