Private Credit Fund Admin Lead — NAV & Client Ops

State Street; Princeton (NJ); On-site; USD 70,000 - 123,000; Full time

Job summary

State Street is seeking a NAV professional to support the Private Credit team within Alternative Investment Solutions. In this role you will interact with trade operations, investor services, custody, tax, and financial reporting teams globally to deliver accurate fund accounting and NAV calculations.

The ideal candidate has a bachelor’s degree in accounting or finance with 5–6 years of Private Market experience, and familiarity with Investran or Geneva.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 5–6 years of Private Market experience.
• Experience with alternative investment asset classes, complex fund structures and fee calculations.
• CPA qualification is favourable but not required.
• Experience with Investran or Geneva favourable but not required.

Responsibilities

• Assist in managing staff and workflow.
• Manage internal workflow and client deadlines.
• Manage client relationships & liaising with client personnel daily.
• Maintain relationships with investment professionals, investors, auditors, lawyers, and bankers.
• Review quarterly and annual financial work papers, schedules, accruals and capital allocations.
• Review and/or prepare complex fee calculations, management fees, waterfalls and capital account allocations.

Skills

Leadership

Communication

Time management

Prioritization

Problem solving

Initiative

Education

Bachelor’s degree in Accounting or Finance

Tools

Investran

Geneva

Job description

State Street is seeking a NAV professional to support the Private Credit team within Alternative Investment Solutions. In this role you will interact with trade operations, investor services, custody, tax, and financial reporting teams globally to deliver accurate fund accounting and NAV calculations.

The ideal candidate has a bachelor’s degree in accounting or finance with 5–6 years of Private Market experience, and familiarity with Investran or Geneva.