Unlisted Investment Team, Team Leader, Senior Associate

Summary about this job

Detail information about job Unlisted Investment Team, Team Leader, Senior Associate. Terms and conditions vacancy

Global Services Australia Overview

State Street Global Services, provides asset owners and managers with a wide range of support, from core custody, accounting and fund administration to complete servicing for complex alternative assets like unlisted unit trusts, OTC derivatives and private equity & limited partnerships. We also deliver innovative performance measurement and analytics tools, giving our clients the information they need to make better-informed decisions. State Street is among the world’s leading institutional investment servicing providers.

POSITION SUMMARY

The Unlisted Unit Trust team is responsible for servicing our client’s investments in external Australian and Global Unlisted Unit Trusts. This includes the application and redemption process, investor accounts management and maintenance and projects including restructures and onboarding.There is interaction with internal and external clients as well as funds managers, pricing vendors and Unit Registries. This team currently looks after over 800 products and has a relationship with 70 unit registries.

This role provides an opportunity to build knowledge around Unlisted Investments. The role demands effective time management, strong relationship building capabilities and attention to detail. The role also requires liaison with and delivery to both internal and external entities. All deliverables need to be timely and accurate.

You will also need to be a team player, be able to lead by example and demonstrate the ability to engage with other employees to achieve success. You will embrace change and continuously look to make further improvements within your team, as well as understand where your role fits in with the organisation’s strategy and how you can contribute to the overall success of the business.

MAJOR RESPONSIBILITIES

• Manage the account opening and client on boarding process for a new client
• Authorize and release the application and redemption transactions
• Ensure all settlements are processed in a timely manner and follow up outstanding settlements with external registries
• Co-ordinate asset transfers including dealings with external registries, external consultants and clients
• Work with Administrators to ensure daily deliverables are met
• Staff Management responsibilities

Skills/Competencies

• Embrace State Street’s “corporate values” and support a work environment reflective of those values
• Effectively communicate with clients, managers, and peers within State Street
• Demonstrate the ability to assess and suggest resolution to a problem
• Be a strong team player and demonstrate dedication to group and company goals
• Demonstrate professional maturity and effective time management

EDUCATION and SKILLS

• Previous experience completing account opening forms with Banks would be preferred

• Experience as a people manager with direct reports is preferred

• Basic knowledge of fund accounting concepts

• Strong written and verbal communication skills

• Strong PC Skills – MS Word, Excel and Access

• Strong research and problem solving skills

• Strong Attention to detail and time management skills