Green Card Private Equity Associate Jobs
Private Equity Associate green card sponsorship follows the EB-2 or EB-3 employment-based path, requiring your employer to complete PERM labor certification with the Department of Labor before filing an I-140 petition with USCIS. Per-country backlogs mean nationals from high-demand countries should factor priority dates into their career planning from day one.
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Who we are looking for
A leader within the Private Equity and Real Assets Fund Services business unit of the State Street Alternative Investment Services Group. We are a team of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to premier real estate fund clients. Join this growing team that is passionate about building innovative solutions to revolutionize how State Street services our customers.
As a Senior Associate you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global real estate funds and affiliated entities.
Why this role is important to us
The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions, is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.
Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.
What you will be responsible for
- Maintaining the general ledger for various fund entities
- Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
- Preparing financial statements and footnote disclosures
- Analytical review of monthly/quarterly investment and fund performance data
- Reviewing and/or preparing of capital calls, distributions and bank reconciliations
- Preparing management, annual and incentive fee calculations
- Preparing various client correspondences
- Calculating waterfalls and capital account allocations
- Special projects as requested.
What we value
- Ensuring compliance with legal documents
- Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel
Education & Preferred Qualifications
- Fund accounting or Public Accounting experience.
- CPA or actively pursuing CPA certification.
- Experience leading verbal and written communications at senior levels with internal and external clients.
- Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.
Onsite Requirement
May be required to work onsite at a State Street location twice or thrice a week, if located within a commutable distance.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
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.
Salary Range:
$52,000 - $94,120 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.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
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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Get Access To All JobsTips for Finding Green Card Sponsorship as a Private Equity Associate
Document your deal experience precisely
PERM labor certification requires your employer to prove the role demands your specific qualifications. Compile deal tombstones, modeling work, and any CFA or advanced-degree credentials now so your sponsor can build a defensible job description around your background.
Target PE firms with dedicated immigration programs
Smaller funds often route all immigration work through outside counsel on an ad-hoc basis, which slows PERM filings significantly. Mid-to-large firms with in-house HR teams and established relationships with immigration attorneys move through the process faster and more predictably.
Search Migrate Mate for verified green card sponsors
Use Migrate Mate to find private equity and investment firms that have sponsored employment-based green cards, so you're applying to employers already familiar with PERM, I-140, and the multi-year sponsorship commitment rather than introducing the process from scratch.
Check your priority date before accepting an offer
If you're a national of India or China, the per-country backlog for EB-2 and EB-3 can extend your wait by years. Review the USCIS Visa Bulletin before you accept an offer so you understand your realistic adjustment-of-status timeline relative to any equity vesting schedule.
Understand how PERM recruitment shapes the job description
DOL requires your employer to run a genuine recruitment test before filing PERM, and the job requirements posted during that recruitment lock in your petition's scope. Work with your employer's counsel early to ensure the posted requirements accurately reflect your specialized PE skill set.
Use the OFLC Wage Search to benchmark prevailing wage
PERM requires your employer to pay at least the DOL prevailing wage for your occupation and location. Run the OFLC Wage Search for your SOC code and metro area before negotiations so your offered compensation clears the threshold and doesn't stall the filing.
Green Card Private Equity Associate: Frequently Asked Questions
Can a private equity firm sponsor a foreign national for a green card rather than an H-1B?
Yes, and the two paths serve different purposes. An H-1B visa is a temporary nonimmigrant work status tied to a specific employer, while employment-based green card sponsorship through EB-2 or EB-3 leads to lawful permanent residence. The PERM process requires the employer to conduct a formal recruitment test and obtain a prevailing wage determination from the Department of Labor before filing an I-140 with USCIS, making it a longer but permanent commitment.
How do I find private equity employers who will sponsor a green card?
Search Migrate Mate to identify investment firms and PE shops that have a documented history of sponsoring employment-based green cards. Many firms that sponsor H-1Bs also run PERM cases, but the sponsorship commitment is significantly longer, so targeting firms with an established immigration infrastructure gives you a stronger foundation for a multi-year sponsorship relationship.
Does a Private Equity Associate role qualify for EB-2 or EB-3?
Most PE associate roles require at least a bachelor's degree in finance, economics, or a related field plus relevant experience, which can support either EB-2 or EB-3 depending on the specific job requirements your employer defines. EB-2 applies when the role demands an advanced degree or a bachelor's degree combined with five years of progressive experience. EB-3 covers professionals with a bachelor's degree or skilled workers with at least two years of experience.
What happens to my green card case if I change employers mid-process?
AC21 job portability lets you change employers without restarting your green card case if your I-485 has been pending for 180 days or more and the new role is in the same or a similar occupation. Additionally, once an I-140 petition has been approved, your priority date can carry over to a new employer's I-140 petition, protecting your place in the backlog queue even if you switch firms.
How do per-country backlogs affect Private Equity Associates from India or China?
EB-2 and EB-3 have per-country annual limits, and nationals of high-demand countries like India and China can face significant waits before their priority date becomes current and they can file or adjudicate an I-485. This matters for PE associates because equity vesting schedules and promotion timelines may extend well beyond when adjustment of status can be completed. Tracking the USCIS Visa Bulletin from the moment PERM is filed helps you plan accordingly.