Alternative Ops Fund Accounting(Hedge), Senior Associate
State Street is hiring a Senior Associate for their Alternative Investment Solutions team in Hyderabad. The role involves directing daily accounting and administration for client-sponsored hedge funds, including NAV calculation, portfolio reconciliation, and managing team deliverables. Candidates must have prior hedge fund accounting experience, familiarity with various financial instruments, and demonstrated leadership abilities to manage staff and service level agreements. This position requires strong analytical skills and the ability to influence stakeholders across global teams.
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Experience
Experience not specified
Function
Accounting
Work mode
Onsite, India
Company
Tier 2
What you will work on
State Street is hiring a Senior Associate for their Alternative Investment Solutions team in Hyderabad. The role involves directing daily accounting and administration for client-sponsored hedge funds, including NAV calculation, portfolio reconciliation, and managing team deliverables. Candidates must have prior hedge fund accounting experience, familiarity with various financial instruments, and demonstrated leadership abilities to manage staff and service level agreements. This position requires strong analytical skills and the ability to influence stakeholders across global teams.
TAL's take
Established global firm with clear managerial responsibilities in fund administration, though lacking specific tech stack differentiation.
Clear and coherent JD detailing responsibilities in fund accounting, NAV calculations, and team management.
Salaries at State Street
17.6 LPA average
Based on 34 Grapevine salary entries for State Street.
Accounting
0 - 2 years | Associate 2
3 LPA average
Range: 3 - 3 LPA
Accounting
6 - 8 years | 20LPA
22 LPA average
Range: 22 - 22 LPA
Operations
0 - 2 years | Associate 2
3 LPA average
Range: 3 - 3 LPA
Engineering
0 - 2 years | Associate 2
11 LPA average
Range: 11 - 11 LPA
Must haves
- Bachelor’s degree in Commerce/Economics/Finance
- Proficiency with Microsoft Office
- Hedge fund accounting experience
- Knowledge of trading instruments like equities, bonds, options
- Experience with general ledger analysis and reconciliation
- Managerial and leadership experience
Tools and skills
About the company
Global financial services institution with an established India footprint, though not a top-tier tech-focused product firm.
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Senior AI Engineer at State Street Hyderabad
Can someone tell me the pay, interview process, WLB etc about the position and company