About the Employer:
Infrahedge team provides managed account infrastructure for institutional investors to invest in hedge funds. Managed Accounts (SMAs) are investment accounts that are customized to Investors’ portfolio management strategies and personal values. Our services are based on independent governance, transparency, and rigorous risk management for hedge fund investments. We bring decades of experience in building efficient financial operations infrastructure and a deep understanding of how to mitigate operational risk for institutions investing in hedge funds.
State Street Risk Analytics combines unique capabilities in data and analytics to better serve our clients and build relationships with new customers. Through information and insights, investment analytics and data solutions, our goal is to help our clients to generate the most value.
State Street Risk Analytics’ truView platform is a web-based application providing a full suite of analytics that give clients insight into the risks and performance of their investment portfolios. Supporting all asset classes, the platform produces analytics such as: stress testing, value at risk (VaR), position specific analytics for derivatives (delta, gamma, vega etc.) and fixed income characteristics such as duration and convexity
Our core values are as follows and we expect all employees to demonstrate these in day to day work:
Team work
Openness
Positive Attitude
Customer delight
Excellence
Job Description:
- Effectively execute and manage the daily processes and activities.
- End to end servicing of clients
- Partner with Fund Administrator and other Operation teams to make sure client account reflects accurate positions, cash, realized Gain-Loss and NAV for client accounts
- Ensure the materiality of the NAV in terms of reasonable accuracy is ok.
- Oversight of fund service providers with focus on operational risk
- Ensure data integrity and accuracy for day to day NAV validation and confirming to clients.
- Creating, maintaining and reviewing accounting standards to manage the business needs
- Coverage and oversight of fund administrators to maximize potential value delivery across the firm
- Provide superior client service and front to back oversight for Client Accounts
- Ability to operate independently and effectively drive multiple initiatives
- Support the Client relationship team in ensuring streamlined Investor communications
- Work in close contact with the Fund Service group to ensure that there is consistent, accurate streamlined processing of the end to end operating model for both underlying fund and investor reporting.
- Responsible for accurate and timely processing, operations and controls
- Build engagement with service providers and drive KPIs
- Provide support, resolve client issues, and demonstrate a firm understanding of the product to users (managers, traders etc.)
- Key focus on service delivery excellence and ability to work under pressure.
Skills/Experience Required
- Bachelor’s degree in Accounting / Commerce / Finance / Business Administration
- 1 + years of Financial services experience in Hedge Fund accounting/ investment operations of an Investment Bank.
- Good understanding of all financial instruments including complex OTC products.
- Understands Hedge Fund Strategies and hedge fund investing or hedge fund accounting methodologies.
- Understanding of Hedge Fund NAV processes, fund structures and fee computations.
- Ability to work in a team under tight deadlines.
- Good communication and interpersonal skills.
- Positive attitude and eagerness to learn
- Strong numerical, analytical, technical and problem-solving skills
- Strong communication skills both verbal and written.
- Attention to detail and interest in problem solving
- Demonstrate strong team player skills.
- Bloomberg and/or Reuters knowledge is an advantage
- CA or CFA pursuing is an advantage, however not mandatory.
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