Managing Director, Fund Accounting – Quality Risk Controls

State Street

. Define a strategy to proactively review end-to-end processes and controls for a strategic client .

Posted 10/27/2026full-timeQuincy • Massachusetts • United StatesLead💰 $170,000 - $252,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in risk management, quality control, and governance within financial services, with a strong focus on Fund Accounting and operational controls. Proven ability to lead teams, manage stakeholder relationships, and drive process improvements in a global, matrixed environment.

Highest-signal resume keywords

Risk ManagementQuality ControlFund AccountingLeadership ExperienceStakeholder Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Risk AssessmentData AnalysisProcess ImprovementControl FrameworksOperational Risk MitigationTrend AnalysisChange ManagementGovernanceQuality AssuranceProgram Governance

Soft Skills

Communication SkillsInterpersonal SkillsCritical ThinkingProblem-SolvingDecision-Making

Industry Keywords

Financial ServicesAsset ManagementInvestment OperationsPortfolio ValuationGlobal OrganizationMatrixed EnvironmentClient EngagementOperational ControlsComplianceStakeholder Engagement

About the role

Key responsibilities & impact

Define a strategy to proactively review end-to-end processes and controls for a strategic client
Identify opportunities to reduce risk, improve quality and automation, and confirm fit-for-purpose operating-model design
Own program governance, including review schedules, review completeness, and subsequent action plans
Interact with the client and lead engagements, demonstrating value added from each review
Build communication and interpersonal relationships with client stakeholders, business operations teams, and IT
Serve as the primary escalation point for risk events and quality defects impacting the client
Continuously assess the operating model, focusing on Fund Accounting/Back Office operational and technology controls affecting fund Net Asset Value
Identify, recommend, and implement approved control enhancements
Perform root-cause assessments, trend analysis, and remedial-action monitoring
Deploy a distributed model embedding role protocols across global functions
Project-manage operational risk mitigation initiatives as needed
Define risk-review schedules and engagement with clients and operational teams
Demonstrate the impact and effectiveness of the Quality Control function
Be based in an existing State Street location and attend the office according to existing working structures
Manage workshops and review sessions analyzing end-to-end processes and control frameworks
Own work production, deliverables, and client sentiment for the function
Evaluate processes against market standards and benchmarks
Participate in the Fund Accounting Management Team and align with global functional leads
Ensure compliance with internal and external regulations and escalation procedures
Develop the wider team through guidance, support, and opportunities

Requirements

What you’ll need

Experience in financial services, presently in a leadership role engaging senior leaders throughout the organization
Ability to navigate a large, global organization and build meaningful relationships and an effective network
Ability to work successfully in a functionalized, matrixed environment
Ability to manage multiple stakeholders, determine priorities, and resolve contention between directives
Ability to understand planned change management events and evaluate their impact on related processes
Ability to organize and analyze large sets of disparate data to identify trends, emerging risks, and enhancement opportunities
Proven leadership skills and experience managing and developing a high-performing operations team
Experience driving global management programs, sponsorship, and leadership roles
Demonstrated ability to execute under challenging circumstances and deliver targeted outcomes
Ability to manage, coach, and influence colleagues and virtual team members
Cross-cultural awareness and ability to collaborate with colleagues globally
Willingness to travel for business when required
Deep and extensive risk, quality, governance, and control experience
Asset management experience, including investment operations, fund accounting, and portfolio valuation
Strong critical thinking, problem-solving, decision-making, communication, and presentation skills
Experience in financial services and a leadership role; no specific educational credential stated

Benefits

Comp & perks

Retirement savings plan (401K) with company match
Insurance coverage including basic life, medical, dental, vision, long-term disability, and optional additional coverages
Paid time off including vacation, sick leave, short-term disability, and family care responsibilities
Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards
Eligibility for certain tax-advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Employee networks