Alternative Ops Fund Accounting, Assistant Vice President
State Street is hiring an Alternative Ops Fund Accounting, Assistant Vice President in Boston, United States. It pays $90k-$158k a year and Level rates it ; you can apply on State Street.
Level's read on this job
- Little AI ●○○○ is how Level rates this accountant role: aI is not part of the work.
- Level classes it as an executive role.
- State Street has 1,300+ other open roles on Level.
- Posted in the last few days.
AI in this role
Who we are looking for
The Assistant Vice President will support the development and execution of training and capability programs across Private Credit, Alternative Investments, and Hedge Fund servicing. This role will partner with business leaders and subject matter experts to develop practical, role-based learning solutions that strengthen technical expertise, accelerate employee readiness, and support consistent, high-quality execution.
The ideal candidate will bring strong knowledge of Private Credit and/or Alternative Investments combined with a demonstrated ability to train, coach, develop, and engage employees. This role is well suited for an experienced operations or investment servicing professional with a passion for developing talent, as well as an established learning professional with deep alternatives experience.
Key Responsibilities
- Develop and deliver technical training across Private Credit, Alternative Investments, and Hedge Fund servicing.
- Design structured learning programs covering areas such as private credit and loan operations, fund accounting, NAV, financial reporting, investor servicing, reconciliations, and operational controls.
- Translate complex investment products, operating processes, and controls into clear, practical, and engaging learning experiences.
- Partner with business leaders and subject matter experts to identify knowledge and skill gaps and develop targeted training solutions.
- Support employee readiness for new-hire onboarding, cross-training, new client implementations, migrations, new products, and business growth.
- Develop practical exercises, knowledge assessments, dry runs, and proficiency measures to evaluate readiness and reinforce learning.
- Facilitate instructor-led, virtual, and train-the-trainer programs across global teams.
- Monitor training effectiveness, proficiency, completion, and remediation needs and provide meaningful reporting to management.
- Incorporate process changes, operational issues, control findings, and lessons learned into ongoing training.
- Maintain training materials and documentation to ensure content remains accurate, relevant, and aligned with business processes and control expectations.
- Promote a culture of continuous learning, knowledge sharing, accountability, and operational excellence.
What we value
These skills will help you succeed in this role
- Strong critical thinking, problem solving, and decision-making skills
- Attention to detail
- An ability to be a leader within their team, as well as be a leader amongst your peers
- Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills
- Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments in order to meet client deliverables
Qualifications
- Relevant experience within Private Credit, Private Markets, Alternative Investments, Hedge Funds, Asset Servicing, Fund Administration, or a related financial-services environment.
- Strong understanding of alternative investment products and operational lifecycles, with Private Credit experience highly valued.
- Demonstrated experience training, coaching, mentoring, or developing employees, either within a formal learning role or as part of an operational or business leadership position.
- Ability to translate complex financial and operational concepts into clear, practical learning content.
- Strong presentation, facilitation, written communication, and stakeholder-management skills.
- Understanding of operational risk, controls, governance, and the importance of training in supporting effective risk management.
- Strong organizational and program-management skills with the ability to manage multiple priorities and initiatives.
- Ability to build relationships and collaborate effectively with business leaders, subject matter experts, and global teams.
- Experience supporting business transformation, migrations, client onboarding, or workforce expansion is preferred.
Salary Range:
$90,000 - $157,500 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
How we rate this
Alternative Ops Fund Accounting, Assistant Vice President at State Street rates 38 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Also common in accountant jobs at this level
Pay
- This job starts at
- $90k
- Typical accountant job
- $110k
This posting starts 18% below the typical accountant job. See accountant jobs
Want an expert to read your CV for this job?
Free. Send your CV and the role you want next. We reply by email within 2 to 4 business days.
Get new accountant jobs by email
One email a week with the new accountant jobs, each rated for how much AI is in the work. No recruiter spam, unsubscribe in one click.
Free. One email a week. Unsubscribe in one click.
Similar roles
Finance roles that involve little AI, at other companies.
What kind of AI work fits you?
Answer 12 practical questions in about three minutes. Get a simple profile, the work it points to, and live roles to explore next.
Find my next step