State Street

State Street

Posted via Workday

Alternative Ops Fund Accounting, Senior Associate

Apply by Dec 31, 2026

Posted Oct 13, 2026

Role at a glance

Job function
Investments & Capital Markets Investment Operations
Salary
Not Disclosed
Location
Hangzhou, China
Employment
Full-time
Education
Bachelor's

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About the role

Original posting provided by State Street

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Who we are looking for:

The Senior Associate - AM role is responsible for managing the daily operations of the team, assist to lead the team and working closely with higher management to meet the business unit goals and objectives.

 

Why is this role important to us:

The team you will be joining is part of Alternative Investment Solutions (AIS), recognized provider of fund accounting and/or administration services to Alternative Investment Asset Owner clients globally. Our Asset Owner Clients entrust us with the critical responsibility of managing the operational backbone that supports their investment portfolios. This role is central to ensuring the accuracy, timeliness, and transparency of key services—such as document management, cash processing, valuation, and performance reporting—that directly impact client confidence and investment decision-making.

 

What you will be responsible for:

As Fund Administrator – Senior Associate you will

  • Process and review fund and/or investment activities to ensure transactions are accurately recorded in accordance with custodian & accounting and align with clients’ requirements.
  • Assisting with the accurate and timely production of the Net Asset Value
  • Verifying and ensuring all events have been processed accurately
    • Be able to professionally resolve the issues and provide help to junior colleagues, confidently and efficiently communicate with onshore /client
    • Assign work and supervise the flow of daily operations and be the subject matter expert for processing
    • Monitor the deliverables, ensuring the accuracy and timeliness of deliverables; be able to flexibly arrange work among the team;
    • Update and maintain procedures for all tasks/activities and work with the Manager to ensure all corporate compliance, risk policies and SOP’s are adhered to by the team;
    • Be accountable for all the assigned tasks, resolve complex issues and escalate as needed acting with a sense of urgency to meet required deliverables;
    • Build a collaborative relationship with inter-departmental contacts and achieve business goals;
    • Making enhancements to the daily operating model and be active of taking responsibility in supporting projects, migrations, etc.
    • Coordinate On-The-Job training for staff members and assist the Manager with staff development and succession planning;
  • Execute key controls and promptly escalate identified issues
  • Participate in system testing, automation, and process improvement activities when assigned

What we value:

This role requires strong communication, staff management and client serving skills as well as relevant industry experience.

 

Education & Preferred Qualifications:

  • Bachelor’s degree or above in Accounting, Finance or Economics related field; accounting background is preferred;
  • Minimum 3 years’ experience in financial services, fund accounting and/or a back-office operations environment; big four/ accounting firm/ fund housework experience is preferred;
  • Ability to communicate effectively in English, both verbally and in writing;
  • Strong time management skills with the ability to priorities under pressure; adapt to work under given timeline;
  • Advanced knowledge of MS office;
  • Strong problem solving and analytical skills;
  • Detail-oriented, logical thinking, strong learning ability, sense of responsibility and teamwork are required; 
  • Good interpersonal skills and team spirit; effective communication, organizational and negotiation skills;
  • Self-motivated, creative, and efficient in finding solutions to complex, time-critical problems and strong analytical ability.

About State Street


Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.


We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.


As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.


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State Street

About the company

State Street

Large Enterprise

State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.