Who we are looking for:

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. We are looking for an Operational Due Diligence Manager with expertise in overseeing service providers to mutual funds and ETFs. The candidate must have direct experience in overseeing sub-advisers in particular.  Successful candidates will demonstrate a continuous improvement and innovation mindset and be technologically savvy.

What you will be responsible for:

Conduct due diligence reviews on existing and prospective sub-advisers including evaluations of internal controls, operational support structure, personnel, and regulatory environment.

Perform operational assessments and present findings to senior executives or business leads.

When appropriate, deliver recommendations on best practices to internal or external parties.

Participate in meetings with other subject matter experts which may include executives or senior management level personnel.

Conduct review of key industry service providers such as custodians, accounting agents, transfer agents, and sub-administrators.

What we value:

These skills will help you succeed in this role

A professional demeanor with the ability to conduct meetings with senior management

Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills.

Ability to clearly articulate complex concepts ideas and processs.

Ability to communicate with various internal teams to resolve inquiries and understanding when to escalate

Candidates 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

Understanding of technology (e.g., industry platforms, data tools, portals, workflow, automation)

Education & Preferred Qualifications

The ideal candidate for this role will thrive in a collaborative environment, possesses strong analytical, organizational, and communication skills, and has a passion for continuous development and improvement.

5-8 years of sub-adviser due diligence experience or experience in third party manager operational due diligence.

Knowledge of alternative investments (private equity, private credit, senior loans, etc.)

Willingness to travel – approximately 15%

Professional advanced degree preferred

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:

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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