Business Operations Consultant Visa Sponsorship Jobs in Massachusetts

Who we are looking for

We are looking for bright, enthusiastic and hard-working individuals with a keen interest in learning about and accounting for complex investment transactions and structures in a dynamic, challenging and fast-paced work environment. Your success will be facilitated by the leading-edge technology infrastructure supported by well-developed procedures and controls. We offer you a challenging career in a rapidly expanding international company with a professional, yet casual, work environment.

Why this role is important to us

The team you will be joining is a part of our State Street Alternatives operation. We are a recognized industry-leading provider of fund accounting, fund administration and risk services to alternative investment fund managers. 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 financial services industry from day one is a challenge you are up for.

What you will be responsible for

• Complete the daily processing and monitoring of fund activities
• Prepare capital call and distribution calculations; related notices to investors
• Prepare/Review periodic bank and cash reconciliations and post journal entries
• Prepare quarterly management fee calculations
• Preparation of waterfall calculations and capital account allocations
• Prepare fund trial balances and supporting workpapers
• Assist the quarter-end book closing process
• Assist in managing internal workflow to ensure internal processing and client deadlines are met
• Work with other services departments to resolve errors/issues or to reconcile discrepancies
• Establish and maintain good working relationships with internal clients and colleagues
• Ensure all processes are in line with the SLA and escalate if necessary
• Participate in special client or internal projects as required
• Assist in new business setup and conversions
• During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
• Ensure standard procedures and controls are adhered to
• Initiate, propose and implement improvements to enhance efficiencies and accuracy when see fit
• Liaise with investment managers, auditors and banks
• Ongoing personal education and development by attendance of State Street training sessions

What we value

These skills will help you succeed in this role:

• Excellent communication and interpersonal skills
• Team player and collaborative
• Strong attention to detail and accuracy and organized
• Strong analytical skills and proactive approach to problem solving
• Confident, decisive, and energetic
• Strong work ethic – flexible, adaptable and ability to work within deadlines
• Can-do attitude with high energy
• Self-motivated with a passion for learning and growth

Education & Preferred Qualifications

• Must have a College diploma or university degree with concentration in Accounting, Finance or Economics
• Working knowledge of Microsoft Excel/Word (knowledge of Bloomberg a plus)
• Overtime may be required

Salary Range:

$41,600 - $66,560 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.

State Street is an equal opportunity and affirmative action employer.