Who we are looking for : Regulatory Reporting is responsible for the review and deliver of regulatory reports requested by the jurisdictions where the funds are distributed in as well as by Luxembourgish regulators (CSSF and BCL). Main reports (a part of the Luxemburgish reports) are German ones: VAG, BVI, GroMikV and Solva Basel III. Together with his team, the Associate 2 ensures that reports are accurate, reflect the highest possible quality and are delivered to the regulators and/or clients in a timely fashion. Such deliverables are compiled by a local team that leverages a delegated service model with part of the functions outsourced to our Hubs (Poland and India). The Associate 2 will work in an international environment to provide an outstanding service to the clients and regulators during the preparation of the reports.
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.
In the role of Regulatory Reporting Specialist, Associate 2 you will be responsible for:
Review Regulatory Reports in accordance with Regulators requirements and within the deadline.
Ensure timely preparation, review and release to regulators/clients.
Coordinate the receipt of comments from Luxemburgish regulators.
Integral part of delivering quality service to assigned clients/reports and all actions must be considered as part of this overall goal.
Research, resolve or elevate issues as applicable.
To be successful in this role, your experience should include:
Bachelor/University degree in Accounting, Finance or Business Administration
Very good knowledge of the fund industry, fund accounting principles, financials and derivatives instruments. Knowledge of the German Regulatory Reporting (VAG, GroMikV and Solva) would be an advantage.
Excel, Word, Access (would be an advantage), Excel Macro programming (would be an advantage).
Good interpersonal and communication skills
Attention to detail, reliable and responsive.
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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program 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 perspective 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 the 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 program 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. Discover more at StateStreet.com/careers