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Alternative investment solutions

Kilkenny
State Street
Posted: 18 December
Offer description

Job DescriptionThis position supports State Street's Alternative Investment Solutions Division (AIS) through the participation in new business onboarding which is related to the advancement of the risk and compliance agenda for AIS. Working with the AIS Business, the incumbent is responsible for supporting client teams in all locations servicing private equity, hedge and real estate funds.ResponsibilitiesAs a member of the AIS Business Integration team, the Business Integration Senior Associate (SR) assists in facilitating the implementation of new funds onto the STT or AIS platforms. This role has overall responsibility for leading customer (i.e., fund/entity) launches through the onboarding process. This process includes but is not limited to AML/KYC, Risk Ratings and overseeing the client level contractual agreement process. The SR will be accountable for the completion of the tasks related to new business onboarding policies and procedures in accordance to established deadlines. They will liaise with internal sub-service organizations (i.e., CaRRS, risk, legal, relationship management, etc.). This role is responsible for satisfying business needs, identifying key issues with processes and taking a broad perspective to problem resolution. As part of the AIS team the incumbent has specific responsibilities in critical business functions.Business Integration TeamCollects and processes all related information and documentation required to onboard a new customer (fund/entity) onto State Street's platforms.Works closely with the client and the business/deal initiator as related to the launch of new fundsReview entity constitutive documents (formation/incorporation documents; Offering Memorandum; Partnership Agreements, Admin/Fee Agreements, etc.) to obtain all relevant information for establishment of entities on the respective systems.Coordinates the overall onboarding communications, risks, and issues resolution.Assists in coordinating communication with applicable parties; Client, Relationship Manager, Deal Team and business leads concerning the onboarding status and issues.Clearly communicates status both verbally and in written format.Escalates to all stakeholders as necessary to ensure timely onboarding of new entities.Demonstrates an understanding of the impact of problems across the organization and facilitates a collaborative solutionScopeThe optimal candidate should be diligent, meticulous, process-oriented, and well-spoken with the ability to talk to multiple levels within both the State Street organization and the client organization.Requirements/ExperienceEquivalent to a degree in Business, Accounting, Legal or related fieldKnowledge of AML/KYC policies a plus and/or 1-3 years financial services experienceExcellent interpersonal, organizational and communication skillsAbility to develop relationships within and outside of the organizationStrong problem resolution and analytical skillsOrganized, highly motivated, and detail orientedMeet all requirements for performance planning process including goal setting and self-evaluationsParticipate in required and optional trainingAbout State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.Discover more information on jobs at Read our CEO StatementJob ID: R-781824

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