Centralized Pricing, Senior Associate

State Street; Toronto; On-site; CAD 72,402 - 119,250; Full time

Job summary

State Street is seeking a senior member for its Centralized Pricing team based in Toronto, Ontario. The successful candidate will manage accurate pricing and liquidity information for fund of funds investments, oversee associate-level tasks, and support operational excellence in the firm.

Ideal candidates have a Bachelor’s degree in finance or related fields, along with 2-4 years of relevant experience. Strong communication and analytical skills are essential. The position is full-time with a salary range of $51,000 to $84,000 annually.

Qualifications

• 2-4 years of experience in transfer agency, private equity fund of funds, or private equity fund accounting.
• Experience with People Management is an asset.
• Proficient in email management.

Responsibilities

• Process private equity valuations and resolve related queries.
• Perform approvals for daily pricing requirements.
• Coordinate with offshore teams and assist in performance tracking.

Skills

Communication skills

Analytical skills

Problem-solving

Organizational skills

Interpersonal skills

Education

Bachelor’s degree (preferably finance, accounting, economics, or business management)

Job description

Why this role is important to us

The Centralized Pricing (CP) team is responsible for supporting fund of hedge fund teams globally in the set-up of securities, maintenance of hedge fund liquidity data and entry of pricing data. You will operate as a senior member of the CP team assisting in the completion of accurate pricing, security set up and liquidity information for fund of funds investments while overseeing associate level tasks and contributing to the development of the team.

What You Will Be Responsible For

• Process private equity valuations and resolve private equity valuations related queries
• Perform and complete approvals for daily pricing requirements
• Coordinate with offshore teams, assist in performance tracking, participate in monthly/quarterly calls
• Deliver services in accordance with Standard Operating Procedures and ensure that assigned work is performed to meet internal standards
• Resolve routine problems using own initiative and elevate complex issues as needed
• Conduct self-review for completed activities and review completed activities for A2s
• Maintain relevant documentation for assigned activities
• Perform research and resolution on exception items; elevate unresolved issues to management as needed
• Proactively share new ideas to support process improvement and changes to team processes
• Build and maintain positive working relationships with colleagues in all locations
• Communicate effectively with others and seek clarifications where required
• Demonstrate progression of process knowledge and understanding of all relevant functional activities in the team
• Maintain professional integrity when dealing with clients and internal business partners
• Primary operational day to day contact for clients as required
• Build and maintain functional and technical knowledge across disciplines to enable handling the majority of client inquiries at the point of contact
• Support client service delivery for operational and risk activities
• Identify and report all risk and compliance issues, breaches and suspicious activities
• Perform other duties as required

What We Value

• Excellent communication and interpersonal skills
• Confident and decisive
• Ambitious and energetic
• Strong work ethic - flexible and adaptable
• Can-do attitude with high energy
• Self-motivated with a passion for learning and growth

Education & Preferred Qualifications

• Competent to Expert with a Bachelor’s degree, prefer finance, accounting, economics or business management major
• 2-4 years of related experience in transfer agency, private equity fund of funds or private equity fund accounting.
• Experience with People Management is an asset
• Proficient in email management
• Strong problem solving and analytical skills
• Strong communication, interpersonal, and organizational skills
• Ability to communicate with various internal teams to resolve inquiries and understand when to elevate
• Candidate must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments
• Excellent administrative and organizational with the proven ability to multi-task and to work efficiently to meet client deliverables
• Flexibility with working hours during peak processing periods.

Salary Range

$51,000 - $84,000 Annual

Equal Opportunity Employer

State Street is an equal opportunity and affirmative action employer. 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.