Alternative Ops Reconciliation - Senior Associate

Responsibilities

• Perform daily cash and position reconciliation between funds and brokers
• Manage hedge fund reconciliation activities including cost, position, and gain/loss realization
• Reconcile dividends and market valuations during month-end processes to support GNAV calculation
• Review and validate deliverables to ensure compliance with specified SLAs
• Create process flows and SOPs to build a repository for training and operational continuity
• Utilize strong Excel skills for MIS reporting and troubleshooting process issues
• Drive process excellence initiatives and manage client expectations proactively
• Lead and manage a team in day-to-day production of various reconciliation types

Requirements

• 4-9 years of experience in Investment Banking, Hedge Funds, Capital Markets, or Fund Accounting
• Proven expertise in both Cash and Position reconciliation and resolution
• Strong knowledge of capital markets, trade flows, and derivative products
• Proficiency in Microsoft Excel for MIS reporting and Word for documentation
• Ability to work in shifts and adhere to strict timelines
• Bachelor or Master’s degree in Accounting or an MBA in Finance

Preferred Qualifications

• Experience with the Geneva application
• Hands-on experience using Bloomberg Terminal for corporate actions and security pricing
• Exposure to trading instruments such as Equities, Options, Bonds, Futures, and CDS
• Knowledge of NAV/Custody processes and upstream/downstream workflows
• Lean or Six Sigma certification
• NISM, NSE, or CISI certifications

About the Company

State Street is a leading global provider of financial services to institutional investors. We help our clients manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an inclusive environment where every employee is empowered to reach their full potential.