This is a senior level management role within the Private Equity Fund Services Business Unit of the State Street Alternative Investment Solutions Group.
The position interacts with all levels of professionals both internally and externally and with senior level executives of State Street. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate strong initiative, be able to perform well under pressure and be capable of managing multiple and diverse assignments. The position is responsible for managing departments experiencing significant growth.
Provide overall direction to department managers and subordinate staff to assure synchronized teamwork that accomplishes yearly and quarterly financial and operations goals and objectives.
Responsible for development and execution of overall business plans both internally and in partnership with clients.
Manage relationships with clients at appropriate levels to ensure continued confidence in State Street.
Manage relationships with key client contacts ensuring expectations are met and client satisfaction with the level of service received.
Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed within department.
Responsible for the direction and training of subordinate managers and staff.
Provide support for and effectively communicate broad overall company initiatives and goals to managers and staff within span of control.
Assess operational effectiveness and make suggestions to streamline functions.
Develop ideas for new products and services to expand business opportunities and better meet client needs.
Participates in new business process including review of proposals, prospect presentations, staffing allocations, etc.
Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals.
Spearhead special projects and serve on committees and task force assignments.
Candidates must have a college degree, accounting, business, mathematics, finance or economics degree strongly preferred.
10 or more years of previous accounting and/or financial service operations experience, including 3 to 4 years of managerial experience.
Solid business unit management, specifically in the private equity industry is required.
MBA and/or CPA is a plus.