Fund Accounting, Associate 2

Job Description

Who we are looking for

With your decision to join State Street Luxembourg SimCorp Fund Service Unit you will become part of a motivated team working in the domain of fund accounting, client servicing incl. distribution process and contributing to withholding tax reclaim process.

We provide comprehensive support for internal and external clients including but not limited to:

- Fund accounting, i.e., lifecycle from transaction processing, valuation to NAV dissemination
- Entire accounting system processes including related projects
- Collaboration and communication with our competence centres in Germany and Poland and auditors will be part of your daily work.

Why this role is important to us

Your future team is part of State Street Global Delivery (GD) division. State Street, one of the largest financial services providers in Luxembourg, delivers effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity, and real estate. State Street helps our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for
- Fund transaction oversight for equities, bonds, derivatives and FX
- Oversight and reconciliation of transaction and costs incl. review & explanations of any deviations to client front office system
- Creation of interface data for automated booking processes
- Support of daily accounting system tasks and process documentation
- Daily NAV dissemination
- Maintenance of fund static data in accounting system
- Contribution to fund distribution process
- Servicing the client in the withholding tax reclaim process
- Assistance of management and team to ensure all deliverables are produced on time in accordance with client service level agreements and agreed quality standards
- Assistance in the review of corporate documentation of processes, procedures, and controls

What we value

These skills will help you succeed in this role:

- Knowledge of fund accounting processes or
- experience in the domain of investment tax service
- PC literate with very good knowledge of Microsoft Office and fund accounting systems (Simcorp Dimension would be considered as an asset)
- Fluent in German (in writing as well), robust knowledge in English, any 3rd language would be beneficial
- multitask effectively, work independently within tight deadlines, ability to prioritise under pressure
- A solution-oriented person with an open mindset and an attitude to do better every day
- communicate effectively in writing and in meetings, collaborate respectfully and trustfully with colleagues and business partners at all levels

Education & Preferred Qualifications
- BA/MA degree in a related field or similar education within the financial industry
- At least 3-4 years of relevant experience
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 affirmative action employer.

State Street's Speak Up Line