Portfolio Administrator Associate

  • Global Leader in Financial Services
  • 12 months Fixed term contract
  • Opportunity to build on your knowledge & skills in Financial Services

Our Company

State Street Corporation is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading.

Promoting a culture of excellence< /strong>

With more than 29,000 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. We’re 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.

State Street is an Equal Opportunity Employer, and prohibits discrimination against applicants or employees on the basis of any legally protected characteristic.

Summary of role:

This role reports to the Portfolio Administration Manager to support the team in their daily tasks. The Portfolio Administrator Associate is also required to ensure that accurate portfolio details are reflected on company's internal accounting systems.

Role Responsibilities:

•Ensuring all daily cash and security reconciliations are accurately completed
•Daily liaison with both local and global brokers and custodians
•Providing Portfolio Managers with daily cash reporting
•Ensuring trades are settled in a timely manner
•Monthly portfolio NAV and preliminary performance calculations
•Ad hoc fund requests for Client Services and Compliance
•Liaising with global business offices for resolution of outstanding issues
•Completing client specific reporting requirements
•General understanding of global investment risk

Position Requirements:

•Graduate level or above in Accounting, Finance or Business stream
•Minimum 12 months Portfolio Administration experience from either an Investment Manager or Global Custodian
•Knowledge of investment accounting and NAV calculation
•Demonstrate ability to meet Service Level Expectations
•High level of Attention to Detail

Skills / knowledge:

•Demonstrated ability to meet deadlines
•Good understanding of Financial Services Industry
•Strong PC skills. Intermediate to Advance Excel skills required

To apply to this position, follow the "apply now" link. To locate this position in our application page and search for the role under location Sydney, Australia and JOB ID 56538.