State Street Global Advisors (SSGA) is the fourth largest asset management firm globally. Global Funds Management is responsible for all treasury, fund administration, and reporting for our registered and unregistered funds globally.  This includes valuation, board liaison and reporting, financial and regulatory reporting, taxation, expense accruals, service provider oversight, new product implementations and change management. This is a senior level management role within State Street Global Advisor’s Global Funds Management unit.  This role requires senior level executive interaction within State Street Global Advisors and State Street Corporation, as well as with Fund Boards of Directors, Auditors and other vendors. As such, exceptional interpersonal and communication skills are required.  Candidates must demonstrate the ability to set clear goals and objectives and inspire teams to work towards a shared vision, be able to perform well under pressure,  and model a continuous change mindset.

 

What you will be responsible for:

Comprehensive service delivery for Global Fund Management’s  financial, regulatory, and board reporting and fund registration capabilitiesDevelop and implement a global approach to the formulation, oversight, governance, and maintenance of Accounting, Reporting, Fund Registration policies and proceduresDrive continuous improvement through the use of technology  and by collaborating with cross-functional teams; provide expertise in best practices that is extensible to other functions across Global Funds Management, and the enterprise.  Develop and employ operating and production models and rhythm that support global scale alongside regional-specific needs, nuances, and regulation and supports financially sound business practicesProven familiarity with continuous improvement approaches (e.g., business process design, documentation, management, and optimization); organization design; and use of technology and digitization mediums including automation and workflow tools is essentialContribute to the GFM strategy and its delivery as a member of the executive teamProviding requisite services and leadership  for applicable Fund Boards and regulatorsParticipate in fund lifecycle process including review of proposals, structure and, staffing allocations, etc.Building a high performing team of leaders capable of delivering on the needs of the future. Attract, develop, and organize talent in support of SSGA’s client focus.Leading external business partners to continuously enhance and improve the operating model for responsible functionsWorking with local business leaders to understand emerging regulatory, business and product needs – translating their needs to development and delivery of solutions Regularly reviews internal, regional partners experience with department’s performance and products. Works with Compliance, Legal, Product Development and other functional areas to accomplish department and firm objectivesKnows how to extend the Global Fund Administration and overall GFM strategies to support both global and local priorities, and to create effective resource alignment, resourcing, and utilization

These skills will help you succeed in this role

Strong problem solving and analytical skills. Ability to translate thoughts into action is required. This includes experience conceiving and leading programs and projects from planning (including resourcing) through execution. The Global Head of Fund Administration will know how to plan and execute with speed and agility. Familiarity with techniques to support speedy execution and continual delivery of business results is requiredAn ability to be a leader within their team, as well as be a leader amongst your peersStrong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skillsAbility to communicate with various internal teams to resolve inquiries and understanding when to escalateCandidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments and to work efficiently to meet client and stakeholder deliverables

 

Education & Preferred Qualifications

The ideal candidate for this role will be a seasoned investment operations professional possessing 15+ years of progressive accounting and/or financial service operations experience. He/she must be a highly skilled communicator with demonstrated ability to effectively engage stakeholders across all levels of sophistication, as well as have proven experience leading and motivating a geographically-dispersed team. Specific requirements include:Substantial exposure and experience in a senior level role, preferably in the asset management / servicing industry and multinational firmProven experience supporting development of a vision through execution and day to day leadership of a dynamic, client-focused organizationExperience creating and executing effective change management, leading others through transformational changeBroad and deep understanding of technology (e.g., industry platforms, data tools, portals, workflow, automation), digital savvy, and experienced in surfacing technological/digital solutions to solve business issuesProven experience leading, developing, and motivating professional level staffKnowledge of business risk, sound working knowledge of robust operating procedures and controlBroad understanding of investment operations, thorough knowledge of institutional and retail businesses with asset management product lines, regulatory issues, systems, and support procedures and controlsCandidates must have a college degree (accounting degree strongly preferred; business, mathematics, finance or economics degree required) Candidates must possess solid business unit management experience on complex fund structures.  CPA preferred.Knowledge of global fund structures and regulatory requirements (i.e. exchange traded funds, mutual funds, collective investment trusts, private funds, registered in the U.S. EMEA and APAC

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street Global Advisors

What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world’s governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world’s largest asset managers with trillions of dollars under our care.

Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.

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. You’ll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

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 while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Company: State Street Global Advisors

Salary Range:

$170,000 - $252,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

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.

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