Financial Reporting Assistant Manager

Job Description

DetailsDepartment/ Division: Specialized ProductsSub-Department Name: Financial Reporting - N-PORTJob Code:Senior Associate (India title Assistant Manager) - 360Reports To:ManagerJob Location: BangaloreShift Timings: candidate must be flexible to work 24/7Role: Full TimeCompany OverviewState Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the 2nd United States bank on the list of oldest banks in continuous operation ; its predecessor, Union Bank, was founded in 1792. State Street is ranked 15th on the list of largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$2.78 trillion under management and US$33.12 trillion under custody and administration. It is the largest custodian bank in the world. The company is ranked 259th on the Fortune 500 as of 2018. The company is on the list of the banks that are too big to fail published by the Financial Stability Board .For more information, visit State Streets website at www.statestreet.com .In March 2017, State Street Global Advisors commissioned a statue called Fearless Girl by Kristen Visbal and placed it temporarily in the Financial District, Manhattan , in front of the Wall Street icon Charging Bull . The statue is an advertisement for an index fund which comprises gender diverse companies that have a higher percentage of women among their senior leadershipWith more than 36.643 employees across 29 countries, at State Street, our people are our greatest asset. We recognize that highly skilled, engaged and productive employees are essential to our success. Our company values reflect our commitment to employee engagement, Global Inclusion and corporate social responsibility - to help you build a fulfilling career. Around the world, we aim to be an employer of choice by offering competitive compensation and benefits, personal and professional development opportunities, and a work environment that promotes a diverse array of people, ideas and skills. Were a company that insists on, and rewards, performance excellence. We know our success hinges on attracting the best people to join us - people like you. We encourage you to explore the possibilities that a career at State Street can offer you.Job ObjectiveThis position will support the oversight and production process for SEC Form N-PORT and N-CEN filings. Manages a set of client relationships through all phases of implementation; including sales support, discovery, on-boarding, implementation and BAU support. Works closely with the ESP application support team and Agile technology labs to test and finalize the technology solution for these filings. Assists in the creation and maintenance of Standard Operating Procedures and checklist oversight procedures for the filing review process.Roles and Responsibilities- Setup Funds and Clients on ESP based reporting platform- Participate in client implementation discussions and assist in managing client relationships through on-boarding process- Perform the production and review of NPORT and NCEN forms to the highest standard set by the department- Complete internal reviews of N-PORT and N-CEN Filings- Understand errors, perform root cause analysis, implement corrective actions and conduct sessions with the team- Form Analysis & Interpretation assist in documenting the detailed calculation approach for a standard baseline + any client variability.- Perform detailed calculation testing and interact with client on results- Work with ESP support team to integrate client-specific and 3rd party data sources to ESP- N-PORT and N-CEN Mock cycles and SEC live filings- Respond to Client Comments through My State Street (MySS) portal- Review Alerts/Exceptions and Publish form to Client workflow- Assist with User Access Requests for MySS portal- Responsible for the direction and training of subordinates.- Assist in designing checklist steps for 1st and 2nd level internal reviews- Assist with Client training on MYSS portal- Execute and track client specific on-boarding plans- On-board additional funds and Clients to ESP tool- Assist in maintenance of detailed on-boarding plan documents- Conducts periodic performance reviews, provides ongoing counsel, training, development and motivation of staff.- Participates in the hiring, salary, promotional and termination recommendation process for directs.- Encourage team and ensure his/her directs to become SME.- Ensure adequate back-up is there for all activities.Mandatory Skill Sets:

• Strong understanding of financial services and investment products.
• Knowledge of SEC, IRS, and general ledger accounting requirements and laws as they apply to investment companies, Trusts, Partnerships and other fund structures.
• Experience with Enterprise Servicing Platform (ESP), ability to perform SQL queries and/or database management.
• Strong people management skills will be preferred.
• Excellent written and verbal communication skills
• Problem solving & analytical skills
• Advance knowledge on MS Office (Excel, Word and PPT)

Additional Skill Sets:

• Strong attention to detail and a focus on service.
• Strong written and verbal communication skills.
• Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
• Ability to perform under pressure and manage high volumes.
• Committed to learn technical aspects of each deliverable.
• Ability to communicate with various internal teams to resolve queries and escalate accordingly.
• Strong communication, interpersonal, organizational, and time management skills.
• Demonstrates an ability to be a leader within their team, as well as be a leader amongst your peer
• Ability to drive change.

Education Requirements:

• Graduate degree in Business, Accounting, Finance or equivalent experience preferred

Experience Requirements:

• 6 to 8 years of experience in related accounting or finance field preferred

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Keyskills :
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