Job Description

Who we are looking for

As an AIS Hedge NAV Fund Accountant Intern you will be responsible for NAV reporting for our hedge fund clients. You will assist the accounting team in preparing NAV Packs and other reporting of the highest quality and accuracy in a timely manner to meet the needs of our clients. We are looking for a committed individual who will collaborate with other departments to find new solutions for complex business challenges, who is open for improvements and who can take advantage of opportunities. The successful candidate will need to take initiative, exercise independent thinking, maintain an excellent and interactive relationship with team members, global business partners and, most importantly, our clients.

Why this role is important to us

The team you will be joining is in the Alternative Investment Solutions (AIS) department which is a part of State Street. AIS is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

What you will be responsible for

As Fund Accountant Intern you will:

• Review of daily cash, position and market value reconciliations including trade capture and pricing

• Assist in the Dealing Date accounting process

• Assist in reviewing and resolving reconciliations of portfolio cash and security accounts

• Opportunity to work on corporate actions, equities, fixed income, futures, options and swaps and complex financial instruments

• During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.

• Adhoc projects.

What we value

These skills will help you succeed in this role:

• Good communication and interpersonal skills

• Solid team player

What we Offer:

• Possibility to work in hybrid model work

• A structured learning and development program, specific job-related trainings, professional development and soft skills trainings

• A buddy who can offer you their experience, knowledge and guidance throughout your internship.

• Dedicated networking events for the Interns

• Series of business-related presentations

• Leadership Q&A sessions with Senior Management

• Possibility to grow your professional network by joining an Employee Committees include Professional Women’s Network, Pride, The Diversity, Disability & Ethnicity Network, ESEN, BeWell, Street Culture, Working Parents Group.

About State Street

What we do.

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation 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. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility.

We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street's Speak Up Line