Australia

Portfolio Services and Oversight Manager, Assistant Vice President job with State Street.

About State Street Global Advisors

What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world’s governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world’s largest asset managers with more than $4.14 trillion in assets under management (as of December 31, 2021).

Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to Flexible Work Programs 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 perspectives 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 candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality.

Summary of role

The Portfolio Services and Oversight team is responsible for all the middle and back office functions undertaken by SSGA in Australia. As part of the Investment Operations team in Australia we are responsible for ensuring accurate client cash flows details are reflected on SSGA internal systems, as well reviewing and releasing unit prices for the Trust Funds to clients.

Reporting directly to the Head of Investment Operations, the Assistant Vice President will also assist with implementation and reinforcement of the key controls within the team, as well as providing broader assistance with daily deliverables across the team.

Be part of a team and culture that values people and embrace diversity.

Sydney based, with flexible work arrangements.

Permanent, full-time position.

Key Responsibilities

  • Responsible for providing accurate and timely operational support. Extensive liaison with the business in order to facilitate operational delivery.
  • Support a culture of effective challenge to evolve daily operational processes, recommend and implement changes and deliver continuous improvement.
  • Support reviews of new mandates and products to ensure understanding of the inherent risks involved.
  • Follow a Risk excellence framework by undertaking regular reviews of operational procedures and controls and adhering to the error reporting process.
  • Work with custodian and portfolio management teams to resolve any abnormal NAV performance.
  • Support a culture of effective challenge to evolve daily operational processes, recommend and implement changes and deliver continuous improvement.
  • Develop and maintain relationships with key internal and external stakeholders as required.

Position Requirements

  • Team player and self-motivated professional with the ability to work under pressure and manage multiple priorities while maintaining high quality of service.
  • Minimum 7 years’ experience from either an Investment Manager or Global Custodian.
  • You will have a proven track record of meeting service level expectations.
  • Relevant degree (Finance, Accounting, Economics).

Skills/knowledge

  • Genuine interest and good understanding of financial markets.
  • Strong English language skills, both written and verbal.
  • Strong communications and organizational skills.
  • Demonstrate ability to meet deadlines.
  • High attention to detail required.
  • Strong PC skills essential.

For further information, and to apply, please visit our website via the “Apply” button below.

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