Fund Accounting and Administration Specialist w State Street Global Advisors, Officer Fund Accounting and Administration Specialist w  …

State Street Corporation
in Kraków, Malopolskie, Poland
Permanent, Full time
Be the first to apply
Competitive
State Street Corporation
in Kraków, Malopolskie, Poland
Permanent, Full time
Be the first to apply
Competitive
State Street Corporation
Fund Accounting and Administration Specialist w State Street Global Advisors, Officer
Job DescriptionSSGA manages and is promoter of approximately 400 European funds in multiple domiciles (Luxembourg, UK, Ireland and France). The European Funds Management team is responsible for handling all processes related to fund governance, including the monitoring of fund costs.

The team have sought to align processes across fund ranges, whilst acknowledging that a number of different fee and expense structures apply across the EMEA fund range. The role is responsible for further aligning and improving the efficiency of these processes.

This individual will be responsible for the tasks detailed below, as well as providing support to the product managers in relation to others. A key strategic objective of the role is the effective controls of fund expenses, which is an increasing focus for European regulators.

The main responsibilities of the role are as follows:
  • Product Manager for French FCPs (updating prospectuses, review of financial statements, liaison with Paris Sales).
  • Product Manager for WindWise Qualified Funds plc.
  • Production of country specific Product Lists.
  • Oversight of management fee accruals.
  • Monitoring of funds' total expense ratios and fee waivers, liaising with service providers where appropriate.
  • Implementation and oversight of funds non-standard fee arrangements (e.g. all-in fee, fee caps, fund of fund rebate etc...).
  • Draft and keep up to date fund budgets and ensure they are approved by the relevant governing body prior to implementation.
  • Action payment of fund third party invoices/expenses (except SSGS) and ensure appropriate allocation across funds/classes.
  • Oversight of VAT recovery.
  • Preparation of quarterly Board reporting. Ensure timely execution of all BAU processes with a focus on minimising enterprise risk.
Company Overview

From technology and product innovation to corporate responsibility and community development, 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 - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.

 

State Street Corporation logo
More Jobs Like This
See more jobs
Close
Loading...
Loading...