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Insurance Fund Accounting - Senior Manager

State Street
NewPosted today

LOCATION

Bangalore · Onsite

EXPERIENCE

8+ Years

TYPE

FullTime

SKILLS REQUIRED

Fund AccountingFinancial ReportingAccount ReconciliationRegulatory ComplianceRisk Management

Job description

Overview

Senior Manager for Insurance Fund Accounting, overseeing the day-to-day management and service delivery of a functional or oversight team, with accountability for NAV and yield accuracy and SLA adherence across shared services, outsource locations and Client Operations.

What you'll do

  • Oversee the activities of staff, working closely with direct reports, to ensure consistency of policy adherence and procedures.
  • Manage day-to-day activities and controls, and facilitate timely resolution of issues.
  • Propose and implement workflow changes and supporting technical solutions to improve productivity and profitability.
  • Keep abreast of regulatory compliance and developments for the assigned area and apprise staff as necessary.
  • Identify and analyze operations risks related to current and potential business, and recommend procedural changes and controls as needed.
  • Create and use quality service measurement tools to ensure compliance with operational standards, SLAs and SOPs, and create management reporting as needed.
  • Coordinate and manage projects within the department and/or with BU Shared Services, COEs and Client Operations teams.
  • Identify and report or escalate unusual or potentially suspicious transaction activity in accordance with corporate policy and operating procedures.
  • Conduct periodic performance reviews; provide ongoing counsel, training, development and motivation of staff.
  • Participate in hiring, salary, promotional and termination recommendation processes.
  • Act as a focal point of contact to maintain strong client relationships, participate in client meetings, and ensure the team responds to client inquiries.
  • Provide guidance and training to peers globally, and support and participate in employee engagement.
  • Collaborate with peers globally using standard technology, best practices and optimal functions within an efficient global operating model.

What you'll need

  • Good understanding of financial services and investment products.
  • Excellent communication skills.
  • Problem solving and analytical skills.
  • Ability to work on MS Office (Excel, Word and PPT).
  • Strong attention to detail and a focus on service.
  • Ability to prioritize multiple responsibilities to meet internal and industry deadlines, perform under pressure and manage high volumes.
  • Strong communication, interpersonal, organizational and time management skills.
  • Demonstrated ability to lead within the team and amongst peers.
  • Graduate degree in Business, Accounting, Finance or equivalent experience.
  • 8+ years of experience in related accounting or finance field.

Nice to have

  • Graduate degree in Business, Accounting, Finance or equivalent experience.
  • 8+ years of experience in related accounting or finance field.

Details

  • Location: Bangalore, India.
  • Shifts: North America shifts.

Read the full description and apply on the company’s own careers page.

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Insurance Fund Accounting - Senior Manager