Hedge Fund Project Management, Officer

Who we are looking for This position supports State Street’s Alternative Investment Solutions Division (AIS) through the participation in new business onboarding which is related to the advancement of the risk and compliance agenda for AIS. Working with the Chief Administrative Office team (CAO) the incumbent is responsible for supporting client teams in all locations servicing private equity, hedge and real estate funds. What you will be responsible for As a member of the AIS Business Integration team, the Business Integration officer assists in facilitating the implementation of new funds onto the STT or AIS platforms. This role has overall responsibility for leading customer (i.e., fund/entity) launches through the overall onboarding process. This process includes but is not limited to AML/KYC, Risk Ratings and overseeing the client level contractual agreement process. The officer will have accountability for the completion of the tasks related to new business onboarding policies and procedures in accordance to established deadlines. They will liaise with internal sub-service organizations (i.e., CaRRS, risk, legal, relationship management, etc.), and serve as a subject matter expert. Responsible for satisfying business needs, identifying key issues with processes and taking a broad perspective to problem resolution. As part of the CAO team the incumbent has specific responsibilities in critical business functions. Additional requirements Collects and processes all related information and documentation required to onboard a new customer (fund/entity) onto State Street’s platforms. Works closely with the client and the business/deal initiator as related to the launch of new funds Review entity constitutive documents (formation/incorporation documents; Offering Memorandum; Partnership Agreements, Admin/Fee Agreements, etc.) to obtain all relevant information for establishment of entities on the respective systems. Coordinates the overall onboarding communications, risks, and issues resolution. Assists in coordinating communication with applicable parties; client, Relationship Manager, deal team and Business leads concerning the onboarding status and issues. Clearly communicates both verbally and in written format. Escalate to all stakeholders as necessary to ensure timely onboarding of new entities. Demonstrates an understanding of the impact of problems across the organization and facilitates a collaborative solution 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. 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. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer. Discover more at StateStreet.com/careers COVID-19 Protocols: Complying with State Street’s COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.