AVP - Fund Accounting Functional lead

State Street; Bengaluru; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

State Street is seeking an Assistant Vice President, Fund Accounting Business Analyst to drive strategic initiatives, document requirements, and deliver data-driven insights across the Fund Accounting group.

You will partner with business, product control, and technology teams to analyze requirements, develop use cases, and support delivery of scalable solutions that improve efficiency, client experience, and risk management.

Qualifications

• Bachelor’s or Master’s in Accounting/Finance/Business/IS/Economics or related discipline.
• Min. 10 years of experience in Fund Accounting, Fund Administration, Investment Operations, Business Analysis, or related financial-services function.
• Understanding of mutual funds, institutional funds, collective investment funds, or related investment products.
• Experience gathering and documenting business requirements.
• Strong analytical and problem-solving skills.
• Excellent organizational, time-management, and communication skills.
• Ability to manage multiple priorities and deadlines.
• Attention to detail and commitment to high-quality deliverables.

Responsibilities

• Gather, analyze, and document business requirements for Fund Accounting initiatives.
• Work with stakeholders to understand processes, pain points, and challenges; translate needs into requirements.
• Develop functional requirements, use cases, process flows, and data definitions.
• Support review and validation of proposed business solutions; maintain aligned documentation.
• Analyze operational data to identify trends and improvement opportunities; support BI dashboards.
• Assist with project planning, status tracking, issue management, and stakeholder communications.

Skills

Analytical thinking

Problem solving

Business process analysis

Requirements gathering

Attention to detail

Project coordination

Organizational effectiveness

Written & verbal communication

Stakeholder management

Collaboration & teamwork

Continuous improvement

Education

Bachelor’s or Master’s in Accounting/Finance/Business/IS/Economics

Tools

Sigma

Power BI

Excel

Salesforce

Job description

Fund Accounting Business Analyst

Position Summary

State Street is seeking an Assistant Vice President (AVP), Fund Accounting Business Analyst to support strategic initiatives, business process improvements, reporting enhancements, and technology delivery across the Fund Accounting organization.

The successful candidate will partner with business, product control, and technology teams to analyze requirements, document business processes, support project execution, perform data analysis, and contribute to the delivery of solutions that improve efficiency, scalability, client experience, and operational risk management.

This role is ideal for a candidate with Fund Accounting experience who enjoys problem solving, process improvement, data analysis, and working across multiple stakeholder groups. The position will provide opportunities to participate in business and technology initiatives while developing expertise in Fund Accounting products, processes, and operational workflows.

Key Responsibilities

Business Analysis

• Gather, analyze, and document business requirements for Fund Accounting initiatives.
• Work with stakeholders to understand business processes, pain points, and operational challenges.
• Develop functional requirements, use cases, process flows, and data definitions.
• Assist in translating business needs into requirements for technology and development teams.
• Support review and validation of proposed business solutions.
• Maintain documentation and ensure requirements remain aligned with business objectives.
• Participate in stakeholder meetings, workshops, and working sessions.

Data Analysis & Reporting

• Analyze operational, business, and client data to identify trends, issues, and improvement opportunities.
• Support development of dashboards and reporting solutions using approved business intelligence tools.
• Support data-quality reviews and reconciliation activities.
• Present findings in a concise and actionable manner.

Project Support & Delivery

• Support delivery of business initiatives across Fund Accounting and related operational teams.
• Assist with project planning, status tracking, issue management, and stakeholder communications.
• Monitor project deliverables and support implementation activities.
• Help ensure solutions meet documented requirements and business expectations.

Process Improvement

• Assist in documenting current-state and future-state workflows.
• Support implementation of process improvements and operational controls.
• Contribute ideas to improve reporting, automation, and data management practices.

Stakeholder Collaboration

• Develop strong working relationships with Fund Accounting, Product Control, and Project Management teams.
• Coordinate with subject matter experts to gather information and validate requirements.
• Communicate project updates, issues, and dependencies to stakeholders.
• Support cross-functional teams in delivering business and technology solutions.

Required Qualifications

• Bachelor’s degree or Masters in Accounting, Finance, Business, Information Systems, Economics, or a related discipline.
• Min. 10 years of experience in Fund Accounting, Fund Administration, Investment Operations, Business Analysis, or a related financial-services function.
• Understanding of mutual funds, institutional funds, collective investment funds, or related investment products.
• Experience gathering and documenting business requirements.
• Strong analytical and problem-solving skills.
• Excellent organizational, time-management, and communication skills.
• Ability to manage multiple priorities and deadlines.
• Attention to detail and commitment to high-quality deliverables.

Preferred Qualifications

• Experience within Fund Accounting or Fund Administration environments.
• Knowledge of NAV production, pricing, reconciliations, corporate actions, cash processing, asset servicing, or financial reporting.
• Experience supporting technology implementations or operational change initiatives.
• Exposure to data governance, reporting, or business intelligence initiatives.

Technical Skills

Preferred experience with one or more of the following:

• Sigma
• Power BI
• Excel (advanced formulas, pivot tables, Power Query)
• Salesforce

Core Competencies

• Strong analytical thinking
• Problem solving
• Business process analysis
• Requirements gathering and documentation
• Attention to detail
• Project coordination
• Organizational effectiveness
• Written and verbal communication
• Stakeholder management
• Collaboration and teamwork
• Continuous improvement mindset

Success Measures

The successful candidate will:

• Deliver clear and complete business requirements.
• Support successful execution of business and technology initiatives.
• Demonstrate strong partnership across business, operations, and technology teams.
• Contribute to process improvements that enhance operational efficiency and control.
• Help ensure delivered solutions meet business requirements and quality expectations.

About State Street

Across 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.

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