Fund Accounting & Administration, Associate 2

State Street; Toronto; On-site; CAD 60,000 - 75,000; Full time

Job summary

A major financial services firm in Toronto seeks a Fund Accounting & Administration Associate 2 to manage client operations and support fund-related activities. The ideal candidate will have a Bachelor's degree and 1-2 years of experience in fund accounting, demonstrating proficiency in email management and knowledge of Private Equity funds. A supportive work environment with comprehensive benefits and development programs is offered.

Benefits

Generous medical care

Insurance and savings plans

Flexible work programs

Development programs and educational support

Qualifications

• Advanced Beginner to Proficient skills are preferred.
• Experience in transfer agency, fund of funds or fund accounting is beneficial.

Responsibilities

• Complete subscription and transfer forms for investment documents.
• Deliver services in accordance with Standard Operating Procedures.
• Resolve routine problems and escalate complex issues.
• Maintain professional integrity when dealing with clients.

Skills

Email management

Knowledge of Private Equity funds

Education

Bachelor’s degree or equivalent work experience

1-2 years of related experience

Job description

Job Title: Fund Accounting & Administration, Associate 2

Job description:

• Complete subscription, redemptions, transfer forms and other fund of funds investment related documents
• 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 escalate complex issues as needed
• Conduct self-review for completed activities and review completed activities for A1s
• Maintain relevant documentation for assigned activities
• Perform research and resolution on exception items; escalate unresolved issues to management as needed
• Proactively share new ideas to support process improvement and changes to team processes
• Record KPI information
• Embrace system and process changes and implement as directed
• 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
• Support onboarding, conversion and client change activities
• Support inter-departmental processing and client servicing activities to ensure client satisfaction is met through adherence to SLAs
• Manage own development by engaging in the PPR process, seeking feedback from others and by attending mandated and relevant training
• Identify and report all risk and compliance issues, breaches and suspicious activities
• Act in accordance with Risk Excellence as part of our Way Ahead foundation
• Perform other duties as required

Education & Preferred Qualifications

• Advanced Beginner to Proficient with a Bachelor’s degree or equivalent work experience with a focus in related field preferred, 1-2 years of related experience in transfer agency, fund of funds or fund accounting.
• Proficient in email management and Knowledge of Private Equity funds would be an asset

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

End Date: September 30, 2025

For further information, and to apply, please visit our website via the “Apply” button below.