14 days ago

Hedge Fund Accounting & Administration Officer

State Street

On Site
Full Time
$83,750
Princeton, NJ

Job Overview

Job TitleHedge Fund Accounting & Administration Officer
Job TypeFull Time
CategoryCommerce
Experience5 Years
DegreeMaster
Offered Salary$83,750
LocationPrinceton, NJ

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Job Description

About the Role

The Hedge Fund Accounting & Administration Officer at State Street is responsible for directing day-to-day accounting and administration for several client sponsored investment funds. The role requires exceptional interpersonal and communication skills with the ability to perform under pressure and manage multiple assignments.

Key Responsibilities

  • Manage daily operations and supervise team members (Associate 1, Associate 2, and Senior Associates).
  • Ensure quality client service and uphold appropriate KPIs.
  • Act as escalation point and technical expert for operational issues.
  • Handle queries efficiently while maintaining risk and compliance standards.
  • Support onboarding of new clients and coordinate client change activities.
  • Participate in internal reporting and continuous improvement initiatives.
  • Contribute to staffing decisions including hiring, promotions, and disciplinary actions.

Additional Requirements

Provide coaching and development opportunities, complete timely performance reviews, and ensure adherence to risk excellence and ethical decision making. Collaborate with cross-functional global teams to deliver consistent service and client solutions.

Compensation & Benefits

Salary ranges from $65,000 to $102,500 annually, with access to a comprehensive benefits package including 401K, insurance coverage, paid time off, and performance-based incentives.

Key Skills/Competency

  • Accounting
  • Administration
  • Compliance
  • Team Management
  • Client Service
  • Risk Management
  • Communication
  • Leadership
  • Onboarding
  • Process Improvement

Tags:

hedge fund administration officer
accounting
administration
client service
risk management
team management
KPI
compliance
process improvement
leadership
hedge fund
financial services
onboarding
operations
coaching
development
reporting
internal controls
communication
staff management

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How to Get Hired at State Street

  • Research State Street's culture: Study their mission, values, and recent news.
  • Customize your resume: Highlight accounting and administration experience.
  • Prepare for technical questions: Review hedge fund and compliance concepts.
  • Practice behavioral answers: Demonstrate leadership and problem solving skills.

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