State Street Corporation

Head of Accounting and Fund Administration, SVP

State Street Corporation$225K — $337K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Deep expertise in Fund Accounting and Fund Administration
  • Proven experience in leading global operations in a complex organization
  • Strong client relationship management skills
  • History of driving transformation through technology and automation
  • Solid understanding of risk and control frameworks in financial services
  • Strategic thinking with measurable execution capability
  • Bachelor's degree, ideally in computer science or engineering and 10+ years in financial services

Responsibilities

  • Lead global Accounting & Fund Administration strategy and execution
  • Oversee delivery of financial reporting, NAV production, and related services
  • Ensure consistent operational excellence and regulatory compliance
  • Act as senior escalation point for accounting and operational issues
  • Develop close partnerships with Product, Technology, Operations, and Risk teams
  • Build and nurture relationships with clients and stakeholders
  • Drive transformation initiatives focusing on automation and service improvements
  • Establish frameworks for performance management and operational capacity planning

Benefits

  • Comprehensive retirement savings plan with company match
  • Insurance coverage including medical, dental, and vision
  • Generous paid-time off for vacation and family care
  • Access to Employee Assistance Program
  • Incentive compensation through performance-based awards
  • Eligibility for tax-advantaged savings plans
Full Job Description
Who we are looking for

We are seeking a strategic, client-focused, and transformational leader to serve as SVP, Head of Accounting & Fund Administration. This executive will be responsible for the overall leadership, governance, and delivery of Accounting and Fund Administration services across a global operating model, ensuring operational excellence, financial integrity, regulatory compliance, and exceptional client outcomes.

The successful candidate will drive growth, modernization, and innovation, including the adoption of AI, agentic AI solutions, and automation to enhance scalability, productivity, controls, and service quality.

What you will be responsible for

Accounting & Fund Administration Leadership
  • Lead the strategy, execution, and performance of the global Accounting & Fund Administration business.
  • Oversee the delivery of fund accounting, financial reporting, NAV production, insurance accounting, and related administration services across traditional and alternative investment products.
  • Ensure consistent delivery excellence, operational resilience, and adherence to client and regulatory obligations.
  • Serve as the senior escalation point for complex accounting, operational, client, and regulatory matters.
  • Partner closely with Product, Technology, Operations, and Risk teams to enhance capabilities, develop new solutions, and support business growth.

Client, Growth & Commercial Leadership
  • Build and maintain strong relationships with clients, regulators, auditors, and industry stakeholders.
  • Partner with Sales, Relationship Management, and Product teams to support client retention, new business opportunities, and strategic growth initiatives.
  • Lead operational due diligence and onboarding governance for new mandates.
  • Foster a client-centric culture focused on quality, responsiveness, and continuous improvement.

Transformation & Innovation
  • Drive large-scale transformation initiatives focused on operating model optimization, automation, and service modernization.
  • Champion the adoption of emerging technologies, including AI and agentic AI solutions, to improve operational efficiency, data quality, decision-making, and client service delivery.
  • Establish KPI-driven performance management, productivity, and capacity planning frameworks to support future growth.

Risk, Governance & Talent Leadership
  • Maintain a strong risk, control, compliance, and governance framework across all Accounting & Fund Administration activities.
  • Oversee regulatory engagement, audits, business continuity, and operational resiliency programs.
  • Develop and mentor senior leaders while building a high-performing, accountable, and innovative organization.
  • Drive succession planning, talent development, and organizational capability to support long-term growth.


What we value

These skills will help you succeed in this role:
  • Deep expertise in Fund Accounting, Financial Reporting, Insurance Accounting, and Fund Administration.
  • Proven ability to lead large-scale global operations within a complex matrix organization.
  • Strong commercial acumen and client relationship management experience.
  • Demonstrated success driving transformation through automation, AI, and technology-enabled operating models.
  • Strong risk and control mindset within regulated financial services environments.
  • Strategic thinker with the ability to translate vision into execution and measurable outcomes.


Education & Preferred Qualifications
  • Bachelor's degree, preferably in computer science or engineering
  • Minimum of ten years of experience, preferably in the financial industry
  • Extensive leadership experience within asset servicing, fund administration, insurance accounting, or broader financial services operations.
  • Proven track record leading large global teams, driving transformation, and delivering client-focused outcomes.
  • Experience leveraging data, automation, AI, and agentic AI solutions to modernize operations and improve business performance.


Additional Requirements
  • Ability to operate effectively within a global matrix organization.
  • Exceptional stakeholder management, communication, and influencing skills.
  • Willingness to engage across multiple regions and time zones and travel as required.


Salary Range:
$225,000 - $337,500 Annual

The 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 Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at State Street Corporation, where your career development is our priority. Join State Street Corporation and be part of a team that values innovation, leadership, and a commitment to excellence. Your future in the financial services industry starts here.
Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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