Luxembourg Head of Fund Accounting, Managing

**What you will be responsible for**
- Ensures that unique local operations/services operate in compliance with internal and external regulations and that escalation procedures are followed.
- Report as required to corporate and regional governance committees with appropriate, timely and relevant information so that the Committee can discharge its responsibilities effectively.
- In partnership with regional and global process/product executives ensure operations are properly positioned to deliver upon its commitments to ensure high levels of client service
- Ensure effective day to day BAU service delivery in Luxembourg Fund Accounting and the timely escalation and remediation of issues as they arise
- Implement wherever possible consistent service delivery standards across Luxembourg Fund Accounting aligned wherever possible with global model and fully implementing corporate technology to enhance client service effectiveness and efficiency
- Monitor budgets for oversight teams, in line with corporate goals and direction from the GD Senior Management & Luxembourg Management Committee
- Lead and manage a consistent high quality service delivery to clients working closely with GS Client Executive & Client Service Teams
- Monitor and drive global operating model and business transformation initiatives as relates to Oversight teams

Managerial
- Ensure that your team has clear understanding of their reporting lines, authority levels, scope of responsibilities (including those delegated to them and those they delegate), objectives, training and competency requirements plus progress is reviewed regularly in line with Company policy, and are regulatory registered where appropriate for their role
- Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported.
- Establish and monitor systems of control, delegated authority and escalation procedures so that the business complies with internal policies and external regulations and can be managed effectively
- Adhere to the delegation and oversight (management information and escalation) framework in the performance of daily tasks. This includes taking proactive action to ensure there is adequate production of management information that is fits for purpose, and issues are raised as appropriate
- Establish and monitor an effective delegation framework to ensure that tasks are performed by staff members with appropriate capacity and authority level (based on knowledge, skills and competence).
- Establish and monitor an effective oversight framework to ensure that issues are appropriately identified, escalated and resolved. This includes: a) ensuring that appropriate management information is received, considered and challenged as appropriate at intervals proportionate to the risks; and b) that staff members have clear understanding of the escalation path/principles
- Establish and nurture a culture of ‘Risk Excellence’ within the team, encourage an environment of openness that welcomes effective challenge and supports open discussion.
- Ensure that you make reasonable decisions by exercising reasonable care when considering information available to you. This includes taking proactive action to ensure that the information you have is suitable and adequate.
- Establish and nurture a culture of individual ownership of tasks to embed a clear individual sense of accountability into staff members’ behavior in performing their roles.
- Ensure that the highest level of the Code of Conduct is displayed in your own and staff behavior.

**What we value**

These skills will help you succeed in this role
- Ability to manage under pressure
- Ability to provide respectful challenge
- Ability to influence large teams not in direct line responsibility
- Ability to influence organizational change

**Education & Preferred Qualifications**
- Strong interpersonal skills
- 15 years Financial services experience, Knowledge of regulatory environment.

**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 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.

State Street is an equal opportunity and