NAV and 3rd Party Oversight Officer, State Street Investment Management (Hybrid).

State Street Investment Management (SSIM) is the fourth largest asset management firm globally, responsible for treasury, fund administration, and reporting for EMEA and US Fund Ranges. State Street Global Advisors is the asset management arm of State Street Corporation, one of the world's largest asset managers with trillions of dollars under management, focusing on active and index strategies including ESG investing.

• Bachelor's degree in Accounting, Finance, Economics, Business, or related discipline.
• Over 5 years' experience in fund accounting, NAV oversight, fund operations, valuation oversight, or asset servicing.
• Strong knowledge of European fund structures like UCITS and AIFs.
• Strong knowledge of US fund structures including ETFs and Master/Feeders.
• Experience working with third-party fund administrators and depositaries.
• Understanding of investment products including equities, fixed income, derivatives, foreign exchange, and alternative investments.
• Knowledge of IFRS, US GAAP, SEC, and IRS standards as they apply to investment companies and fund structures.
• Strong analytical and problem-solving skills.
• Ability to challenge service providers and investigate complex accounting issues.
• Excellent stakeholder management and communication skills.
• Strong attention to detail and risk awareness.
• Ability to manage multiple priorities within a regulated environment.
• Sound judgment and decision-making capabilities.

NAV Oversight:

• Perform independent oversight of daily, weekly, monthly, and ad hoc NAV calculations for European and US investment funds.
• Review NAV packages and key control reports to assess completeness and accuracy.
• Monitor NAV calculation delivery in accordance with service level agreements and regulatory deadlines.
• Escalate material NAV issues and operational risks to senior management and fund boards.
• Ensure NAV oversight aligns with ManCo or AIFM oversight frameworks and US offering requirements.

Fund Accounting Oversight:

• Review accounting treatments for investments, derivatives, FX transactions, corporate actions, income accruals, expenses, and taxation.
• Monitor complex accounting events including derivatives, securities lending, capital activity, equalization methodologies, swing pricing, and anti-dilution mechanisms.
• Challenge fund accounting outputs where discrepancies arise.
• Review daily NAV movements, set tolerances, monitor results, and address tolerance exceedances.

NAV Error Management:

• Investigate NAV errors and tolerance breaches.
• Coordinate root cause analysis and corrective plans with service providers.
• Ensure NAV errors are documented, remediated, and reported per regulatory and internal policies.
• Track recurring issues and oversee process improvements.

Oversight of Third-Party Service Providers:

• Conduct periodic reviews of fund administrator controls and operational performance.
• Monitor KPIs and KRIs.
• Participate in service review meetings and operational due diligence.
• Assess provider compliance with contracts and regulatory expectations.
• Produce management information and trend analysis on provider performance.

Regulatory and Risk Management:

• Maintain understanding of regulations including UCITS, AIFMD, CSSF, CBI, FCA, and the 1940 Act.
• Support regulatory examinations, audits, and depositary reviews.
• Contribute to NAV oversight policy and governance framework development.
• Identify and assess operational, valuation, and regulatory risks affecting fund structures.

The role requires working in a hybrid model with 3 days per week in the office in Krakow, Poland. State Street is an equal opportunity and affirmative action employer, considering all qualified applicants without discrimination as defined by applicable law.