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State Street Global Advisors - Global Head of Fund Administration, Managing Director

State Street
United Statesfull_timeVerifiedPosted 5 Feb 2025
💰 $252,500/yr($170,000/yr$252,500/yr)

About the role

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 capabilities
  • Develop and implement a global approach to the formulation, oversight, governance, and maintenance of Accounting, Reporting, Fund Registration policies and procedures
  • Drive 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 practices
  • Proven 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 essential
  • Contribute to the GFM strategy and its delivery as a member of the executive team
  • Providing requisite services and leadership  for applicable Fund Boards and regulators
  • Participate 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 functions
  • Working 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 objectives
  • Knows 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 required
  • An ability to be a leader within their team, as well as be a leader amongst your peers
  • Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills
  • 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

 

Education & Preferred Qualifications

  • The ideal candidate for this role will be a seasoned investment operations professional possessing 15+ years of progressive accounting a

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Company

State Street

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