State Street Private Equity Fund Services Specialist, Associate 1 in Boston, Massachusetts


  • Monitor cash and custody activity for a specified list of funds involving complex private equity fund structures and process transactions related to capital calls, capital distributions, expenses, tax checks, investor cash, and internal transfers

  • Reconcile daily bank statements and ensure that all necessary documentation has been accounted for prior to submittal for review

  • Report discrepancies that arise in a prompt and professional manner to the client, ensuring follow up and reconciliation in a timely manner

  • Monitor internal systems for proper settlement of all FX and USD transactions

  • Work closely with inter-departmental contacts in processing all necessary paperwork through final completion of wire settlement to ensure risk mitigation

  • Reconcile investor capital call and distribution files as necessary

  • Track delinquent investor activity and report aged items to the client in a timely manner

  • Process monthly investor reconciliation files and follow up internally and with the client when necessary

  • Work closely with auditors and third party administrators during audit cycles


  • Associate degree or Bachelor’s degree with a focus in Accounting, Finance, or Business related coursework preferred or equivalent work experience.
  • Strong organizational skills.
  • Deadline orientated with the ability to communicate effectively.
  • Good time management skills with ability to multi-task.
  • Seeks assistance with unfamiliar or difficult situations which may expose the bank to a loss.
  • Familiarity with MS application a plus.

  • Posted 13 Days Ago

  • Full time
  • R-574481