APAC Head of Real Asset Operations

State Street Corporation
Singapore, Singapore
May 21, 2022
Jun 20, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Who we are looking for
We are seeking an experienced Vice President to join our Real Asset Fund Administration team within the Alternative Investment Solutions (AIS) division in Singapore. This is an opportunity to join a global leader organization in financial services providing services to some of the world's most sophisticated institutions.
  • Minimum 10 years relevant experience in Real Estate or Private Equity Fund Accounting.
  • Experience in the real estate alternative asset industry is preferred.
  • Fluent in English & Mandarin is a plus.
  • CPA or actively pursuing CPA certification is preferred.
  • Knowledge of Oracle Financials and/or Investran is preferred.
  • Advanced knowledge in MS Excel is a plus.
  • Strong interpersonal and communication skills.
  • High integrity with attention to detail.
  • Strong organization skills and the ability to multi-task in a fast-paced environment.
  • Flexibility to "think outside the box" and embrace different work methodologies.
  • Team player with a proactive and positive approach to your work.
  • Willing to take up challenges in new areas.

Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver 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, SSGS' tools help 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
As APAC Head of Real Asset Operations you will
  • Provide overall direction to department managers and subordinate staff to assure synchronized teamwork that accomplishes daily, weekly, monthly, quarterly and yearly deliverables.
  • Maintain and develop strong relationships with clients at appropriate levels to ensure continued confidence in State Street and ensuring expectations.
  • Work closely with senior management in APAC and Globally to achieve business and operational goals.
  • Participate in new business pitches including requests for proposals, prospect presentations, staffing allocations, fee proposals, etc.
  • Demonstrate deep knowledge of private market fund structures and show proficiency in accounting for complex transactions, understanding investment fund legal documents and guiding your teams in implementing standard methodologies.
  • Prepare / Review deliverables for clients in a timely manner (as stipulated by the SLA).
  • Supervise staff and foster a culture of continuous improvement.
  • Work with our investor services team regarding client deliverables such as financial statements, capital calls and distribution notices
  • Work with other home site and hub locations on productivity, quality improvement, KPI and efficiency projects.
  • Lead and participate in projects across the alternatives department, in particular those which look to mitigate risk, improve operational efficiency and deliver outstanding client service.
  • Be a source of technical support and guidance to the offshore teams including becoming a mentor, conducting regular training to upskill the offshore teams, and travelling to the offshore location in Asia to provide advanced training.
  • Model professionalism and ethical behaviors in all interactions, both internal and external.
  • Develop and execute business plans both internally and in partnership with clients.
  • Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed within department.
  • Review limited partnership agreements and offering memorandums and ensure compliance with operational and accounting procedures.
  • Support new business integration and ensure operating models are designed to deliver best of breed service to clients bringing to bear our global footprint.
  • Ensure all corporate policies and procedures are followed.
  • Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals.
  • Spearhead special projects and serve on committees and taskforce assignments that could be in non-APAC time zones.

Education & Preferred Qualifications
Candidate must have a college degree (business, mathematics, finance or economics preferred, accounting concentration a plus) and at least 10 years of accounting experience, including 2 to 3 years of supervisory and financial reporting experience is required. Specific experience in the private equity/real estate industry is a must. Strong interpersonal skills, positive, can-do attitude, meticulous are essential. Strong computer skills are required.

Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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.

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