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Salary
≈ $12k – $28k per year (Estimated)
Location
In office (Hangzhou)
Seniority
Junior · 1+ year exp
Employment
Full-Time

Confirmed on the employer's own hiring board on Oct 20, 2026. First seen by Alion on Oct 19, 2026. State Street scores A on the Alion truth index.

Overview
Company
Impact
Profile match
State Street is an American financial institution founded in Boston in 1792 and one of the oldest banks in the United States, though its modern business bears little resemblance to retail banking. It is one of the three dominant global custodians, holding trillions of dollars of assets in safekeeping for institutional investors and providing the fund accounting, administration and settlement infrastructure that asset managers depend on. Its investment arm State Street Global Advisors created the first American exchange traded fund with the SPDR S&P 500 Trust and remains one of the largest index managers in the world.

Who we are looking for:

We are looking for motivated and detail-oriented professionals to join the Conversion project team, a strategic function supporting client onboarding and platform transformation initiatives within AIS. Team members will have the opportunity to work closely with Fund Accounting, Business Technology, Project Management, and Operations teams, gaining exposure to large-scale conversion projects, process improvement initiatives, and evolving business solutions.

Why is this role important to us:

The team you will be joining is part of Alternative Investment Solutions (AIS), a recognized industry-leading provider of fund accounting, fund administration, and risk services to hedge funds, private equity funds, and other alternative investment vehicles. These services are fully integrated to provide end-to-end solutions that span the front, middle, and back-office needs of institutional investors.

The Conversion project team plays a critical role in supporting AIS growth and transformation by delivering client onboarding and platform conversion initiatives. Through close partnership with business, operations, and technology teams, the group helps drive operational excellence, scalable solutions, and successful client outcomes across the organization.

What you will be responsible for:

As an Associate 2, you will

  • Independently perform conversion activities across multiple funds and workflows.
  • Analyze and resolve reconciliation breaks, pricing exceptions, and data quality issues.
  • Support data migration, validation, and testing activities.
  • Investigate conversion-related exceptions and recommend solutions.
  • Participate in client and internal project discussions as required.
  • Contribute to process improvements and automation initiatives.
  • Share knowledge and provide guidance to junior team members.
  • Ensure deliverables are completed within agreed timelines and quality standards.

What we value:

This candidate would require

  • Strong analytical, reconciliation, and data validation skills.
  • Ability to work independently and investigate operational exceptions.
  • Understanding of fund accounting principles and investment operations workflows.
  • Working knowledge of financial products, including equities, fixed income securities, and derivatives.
  • Effective communication and stakeholder coordination skills.
  • Strong organizational and problem-solving capabilities.
  • Advanced Excel skills and strong system aptitude.
  • Continuous improvement mindset with an interest in automation and process optimization.
  • Shows a growth mindset by adopting AI and digital tools to enhance ways of working, improve effectiveness and business outcomes.

Education & Preferred Qualifications:

  • Bachelor's degree in Accounting, Finance, Business, Economics, Information Systems, or a related field.
  • 1-3 years of experience in fund accounting, financial services, investment operations, or system conversion activities.
  • Knowledge of accounting concepts, NAV production, and investment products preferred.
  • Experience with investment accounting platforms is advantageous.

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

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