# Fund Accounting - Quality Risk Controls, Managing Director at State Street

State Street is hiring a Fund Accounting - Quality Risk Controls, Managing Director. It pays $170k-$253k a year and Level rates it Little AI ●○○○; you can [apply on State Street](https://jobsbylevel.com/go/294ba270-6356-4fc7-bea0-d5aa94c83035?utm_medium=ai-agent).

AI Level 1, AI centrality 38 out of 100. Quincy, Massachusetts.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 38 out of 100)
- Location: Quincy, Massachusetts
- Salary: $170k-$253k
- Posted: October 27, 2026
- Apply: https://jobsbylevel.com/go/294ba270-6356-4fc7-bea0-d5aa94c83035?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=fund-accounting-quality-risk-controls-managing-director-at-state-street-b3d9ab

## Description

Who we are looking for In this role, you will define a strategy to proactively review end to end process and controls, identifying opportunities to reduce risk, improve quality / automation and confirm ‘fit for purpose’ design across the operating model for a strategic client of State Street . You will work with State Street teams from around the globe and own the overall governance of this program – schedule of reviews, completeness of reviews and governance of subsequent action plans. You will interact with the client and lead the engagement, including demonstrating value added from each review and alignment with the end-to-end process including the client and other third parties. You will initiate and develop good communication and interpersonal relationship with key client stakeholders, business operations teams and IT to improve the overall operating environment. Why this role is important to us This is a senior operational and managerial position with significant client and control responsibilities with clear objectives to improve quality. The role is the primary escalation point for all risk events and quality defects impacting the client. The candidate should be a hands-on leader who is able to define the scope of work and drive the program with the teams to improve outcomes for the client. What you will be responsible for you will Perform a continuous assessment of effectiveness of operating model for the client with a focus on Fund Accounting/Back Office operational and technology controls, with emphasis on activities with highest impact on the Net Asset Value of the Funds Identify, recommend and implement approved control enhancement opportunities Perform root cause assessment, trend analysis, and monitoring of remedial actions for persistent and/or recurring issue trends Deploy a distributed model in which protocols of this role are embedded across global functions Project management, as needed, of operational risk mitigation initiatives. Define schedule of risk reviews and engagement with the client and operational teams Demonstrate the impact and effectiveness of the Quality Control function Be based in an existing State Street location, and available to attend the office per existing working structures Manage workshops and review sessions to perform an analysis of the effectiveness of the end-to-end process and control framework Directly accountable for work production, deliverables and client sentiment driven by this function Evaluate current process against market standards and benchmarks to identify opportunities and confirm suitability of process Participate in the Fund Accounting Management Team and align with global functional leads on the outcomes of each review Ensure teams are compliant with internal and external regulations and follow escalation procedures Develop the wider team, providing relevant guidance, support and opportunities What we value These skills will help you succeed in this role Focus on client outcomes, problem solving, cooperating and communicating with rest of organization to achieve shared success Client centric attitude in managing, prioritizing and delivering operations and services Deep and extensive risk, quality, governance, control experience Asset management experience, including investment operations, fund accounting and portfolio valuation Support a culture of effective challenge and review to ensure appropriate governance and outcomes Collaborative leadership and work style Strong critical thinking, problem solving, and decision-making skills Strong communication and presentation skills to audiences of different sizes and levels of seniority including c-suite Must be self-motivated, adaptable and show initiative in different circumstances and under pressure Education & Preferred Qualifications Experience in financial services, presently in a leadership role engaging senior leaders throughout the organization Navigate a large, global organization. Build meaningful

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/fund-accounting-quality-risk-controls-managing-director-at-state-street-b3d9ab

Source: https://jobsbylevel.com/jobs/fund-accounting-quality-risk-controls-managing-director-at-state-street-b3d9ab

## Cite this page

Level. https://jobsbylevel.com/jobs/fund-accounting-quality-risk-controls-managing-director-at-state-street-b3d9ab.

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