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
• Drive process excellence initiatives and troubleshoot complex process issues as a Subject Matter Expert
• Manage client expectations and provide proactive, value-added operational services
• Lead and manage a team in day-to-day production and adherence to strict quality timelines

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 (Equities, Options, Bonds, Futures, etc.)
• Proficiency in Microsoft Excel for MIS reporting and Word for documentation
• Experience using Bloomberg Terminal for corporate actions and security pricing
• Ability to work in shifts and adhere to tight operational timelines
• Strong interpersonal, communication, and people management skills

Preferred Qualifications

• Bachelor’s or Master’s degree in Accounting or an MBA in Finance
• Knowledge of Geneva application, Robotics, or BPM
• Lean or Six Sigma certification
• NISM, NSE, or CISI certifications

About the Company

State Street is a global leader that helps institutional investors manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an inclusive environment where employees are empowered to reach their full potential through development opportunities and vibrant employee networks.