Fund Accounting Alternatives - Managing Director

Alternatives Fund Accounting, Managing Director is a key leadership position in Global Delivery. The alternative fund accounting operations team is responsible for delivering services to alternative markets clients, including hedge, private equity, private credit, Infrastructure and real assets client. The team is accountable for positive and consistent service delivery. The MD plays a critical role in the shaping the team’s strategy and its execution.  The role requires significant leadership to engage staff and deal with clients to support their growth and meet their changing requirements while scaling the business and fostering an environment and a culture of risk excellence. 

What you will be responsible for 

As Alternatives Fund Accounting, Managing Director you will : 

• Focus on client outcomes, problem solving, cooperating and communicating with the rest of organization to achieve shared success 

• Ensure timeliness and accuracy of all deliverables 

• Actively participate in industry events and forums and share insights with clients and internal colleagues to anticipate clients’ needs and market trends 

• Develop and lead a large team, fostering high performance and creating a destination for top talent.  Develop effective modes of communication, delegation, talent development, employee engagement, and succession planning. 

• Able to process feedback and develop meaningful actions to resolve identified challenges along reasonable timelines 

• Strategic interactions with key stakeholders and partners to ensure continued operations. 

• Identify and develop opportunities for transformation and capacity creation. Drive productivity and operational effectiveness 

What we value 

Alternatives Fund Accounting, Managing Director is a key position and requires senior leadership and advanced skills in areas such as: 

• Strong alternative fund accounting knowledge and technical skills 

• Ability to navigate a global organization, build meaningful relationships and develop an effective network 

• Work closely with multiple stakeholders including Product, Sales and IT to support our business objectives. 

• Proven leadership skills to manage and develop a high performing operations team 

• Excellent time management, presentation skills and communication to multiple levels (clients, peers, subordinates etc.) 

• Proven track record of achieving/exceeding financial goals through delivering on efficiency targets and enhancements of op model as well as overall expense discipline 

• Experience with change management programs in sponsorship, leadership roles. 

• Demonstrated ability to execute under challenging circumstances and deliver targeted outcomes 

• Demonstrated ability to manage, coach and influence colleagues and virtual team members  

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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