NAV Operations Leader - Alternatives Funds

State Street; Manila; On-site; PHP 1,800,000 - 3,000,000; Full time

Job summary

State Street seeks an Officer to lead delivery oversight and people development across Alternatives NAV operations. The role emphasizes review quality, product correctness, and team capability to ensure NAV outputs align with complex fund structures and accounting standards.

The position requires deep product knowledge, ability to challenge accounting treatments, and guidance on allocation mechanics, with a focus on maintaining controls and driving continuous improvement.

Qualifications

• 4–7 years of alternatives operations or similar experience.
• Proven review and sign-off capability with strong judgment on issue escalation.
• Deep understanding of Private Markets fund structures, including LP/GP models, commitments, capital calls, distributions, and lifecycle events.

Responsibilities

• Review and sign off on NAV deliverables and reconciliations prepared by Senior Associates.
• Act as escalation point for operational, technical, and client-related issues.
• Provide technical guidance on distribution waterfalls, preferred returns, catch-ups, and carried interest.
• Train, coach, and develop staff, including onboarding and technical upskilling.
• Ensure adherence to controls, procedures, and service standards.
• Support complex client discussions related to structures, allocations, and NAV outcomes.

Skills

Alternatives operations

Review and sign-off

Issue escalation judgment

NAV operations expertise

Education

Degree in Accounting/Finance

Tools

Geneva

Investran

Job description

State Street seeks an Officer to lead delivery oversight and people development across Alternatives NAV operations. The role emphasizes review quality, product correctness, and team capability to ensure NAV outputs align with complex fund structures and accounting standards.

The position requires deep product knowledge, ability to challenge accounting treatments, and guidance on allocation mechanics, with a focus on maintaining controls and driving continuous improvement.