State Street - Business Analyst - Private Market Funds Team

State Street Global Advisors (SSGA) is the asset management business of State Street Corporation, one of the world's leading providers of financial services to institutional investors with over $4.4 trillion in assets under management and a heritage dating back over two centuries. Backed by the strength and stability of the State Street organization, SSGA makes continual investments in asset management and client servicing platforms, resulting in a client-focused, solutions-driven orientation. The Outsourced CIO business, which includes private investments, has approximately 150bn+ and 25+ years of providing investment management services

Job Description

The Private Markets Fund Team is seeking to hire an analyst with operations/finance background in Alternatives. As a key member of the team, this individual will liaise with Operations, Finance & IT teams to validate and test investment performance, coordinate investment team's ongoing review and monitoring of portfolio/client performance, and help manage administration related to ongoing processes. This is a new role and this individual will be expected to help create and build out these practices.

Responsibilities and Expectations:

- Work in coordination with Operations/Finance team to strengthen performance accounting & reporting for clients (DB, Endowment & Foundations) across geographies

- Coordinate with IT team in maintaining clients and managers records

- Liaise with risk team in consolidating information regarding concentration or performance

- Manage investment pacing and monitor portfolios for our clients including assisting with the production and presentation of materials and organizing meetings

- Monitor daily NAV valuations or operational infrastructure for potential Defined Contribution clients

- Update and help implement investment related policies, procedures and business controls

- Understand internal model risk monitoring process and help implement with investments team

- Prepare decks and present for internal assessment and annual reviews

- Prepare commentaries for clients and update private market trends

- Participate in LP annual meetings, management presentations and other diligence sessions. Construct arguments about investment decisions

- Support the execution of investments in private market funds and co-investments by performing due diligence and financial analysis

- Flexible to work in adhoc projects like ESG or market research

Position Requirements :

- Minimum 5 years of relevant experience in operations, portfolio performance, NAV validations and client reporting

- Graduate with degree in Finance preferred. Masters or CFA is a plus

- Good communication skills. Should be able to effectively converse with various stakeholders

- Understands Alternatives landscape. Strong interest and intellectual curiosity in the private markets

- Understands various clientele type including Defined Benefit, Defined Contribution, Endowments & Foundation businesses

- Ability to learn new systems and processes

- Ability to balance and prioritize multiple opportunities and projects

- Ability to build and maintain professional relationships with internal & external parties