📋 Job Details at a Glance 📍 Location Bangalore, India 🏢 Company State Street 👥 Experience 3+ years 🎓 Qualification Graduate 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary Not Disclosed 🏢 Industry Banking & Finance 🛠 Key Skills Fund Administration Expense Processing GL Reconciliation NAV Accuracy SLA Compliance Exception Resolution Treasury (Expense & Fund Admin) - Senior Associate at State Street — Full Details & How to Apply State Street is seeking a Treasury (Expense & Fund Admin) - Senior Associate in Bangalore, India to manage daily fund administration activities, with a direct responsibility for ensuring NAV accuracy . This role supports operational efficiency through precise expense processing and compliance with fund policies. This position is critical for maintaining accurate NAV calculations and SLA compliance , which are core responsibilities in fund administration . The Senior Associate will perform GL reconciliation , handle exception resolution , and ensure adherence to fund policies. These tasks directly influence financial reporting integrity and client trust. The role involves hands-on execution of fund operations, including expense processing and NAV accuracy checks, using standard financial tools and procedures. State Street operates in Bangalore, India with a focus on fund administration and investment management. The role is part of State Street ’s treasury operations, where responsibilities include NAV accuracy , SLA compliance , and exception resolution . The team emphasizes precision and policy adherence in daily fund activities. 2023, 2024, 2025, 2026 graduates with a Graduate qualification and 3+ years experience are eligible. The salary is Not Disclosed . Candidates will gain hands-on experience in Fund Administration , Expense Processing , GL Reconciliation , NAV Accuracy , SLA Compliance , and Exception Resolution . This role provides foundational exposure to financial operations, positioning graduates for advancement into senior treasury or financial operations roles. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The Treasury (Expense & Fund Admin) - Senior Associate role at State Street ensures accurate fund administration by validating expense calculations, performing GL reconciliation , and maintaining NAV Accuracy in real-time financial records. Daily operations are governed by SLA Compliance metrics and require strict adherence to fund policy documentation. Validate daily fund calculations using GL Reconciliation techniques to confirm consistency between general ledger entries and fund-level records. Process expense transactions through Expense Processing workflows, ensuring all entries are timestamped, categorized, and aligned with fund policy templates. Conduct monthly GL Reconciliation runs to verify financial records against client-reported balances and identify discrepancies within a 1.5% variance threshold . Collaborate with Shared Services teams to resolve exception resolution cases, including mismatched invoices and delayed fund disbursements, using SLA Compliance tracking systems. Generate management reports that track NAV Accuracy performance and SLA Compliance metrics, with data pulled from State Street’s Fund Administration System (FAS) . Research and document unresolved exceptions, including root cause analysis and escalation paths, to ensure exception resolution timelines meet SLA Compliance benchmarks. Maintain detailed activity logs for daily fund operations and monthly reconciliations, ensuring full audit trail visibility for NAV Accuracy and SLA Compliance reviews. Respond to client inquiries via email and portal, providing clear explanations of fund status, expense tracking, and NAV Accuracy performance based on GL Reconciliation outputs. This role demands direct ownership of financial accuracy, where every exception resolution and SLA Compliance action impacts client trust and NAV Accuracy performance metrics. Required Skills & Technical Competencies The role requires a strong technical foundation in fund administration and financial validation, with specific proficiency in GL Reconciliation , Expense Processing , and NAV Accuracy workflows. All skills are applied in real-time operations with measurable outcomes. Technical Skills Fund Administration — intermediate — used to manage daily fund activities, including validation of fund balances and compliance with State Street’s Fund Policy Framework . Expense Processing — intermediate — applied to track and validate fund expenses using Expense Processing System (EPS) with automated approval workflows. GL Reconciliation — advanced — performed daily to match general ledger entries with fund-level records, with variance analysis conducted using ERP system (SAP FICO) . NAV Accuracy — intermediate — maintained through meticulous review of daily NAV calculations, ensuring deviation stays below 0.05% threshold as per State Street’s NAV Policy . SLA Compliance — intermediate — monitored using Service Level Agreement (SLA) Dashboard to track response times and resolution timelines for fund exceptions. Exception Resolution — intermediate — executed by researching root causes of discrepancies and escalating unresolved cases via State Street’s Exception Management Tool (EMT) . When preparing your resume or interview, emphasize hands-on experience with GL Reconciliation , Expense Processing System (EPS) , and NAV Accuracy metrics in real fund operations. Eligibility Criteria This role is designed for graduates in finance, accounting, or related fields with a solid academic foundation and exposure to fund administration or financial operations. Candidates must meet specific academic and experience benchmarks. Must hold a graduate degree in finance, accounting, or a related field with a minimum CGPA of 60% . Eligible batches are 2023, 2024, 2025, and 2026 , allowing freshers to apply with structured entry-level experience. Minimum of 3 years of relevant experience in fund administration , expense processing , or financial operations is required. Academic performance must be at least 60% to demonstrate foundational understanding of financial principles and calculations. Experience in GL Reconciliation or Expense Processing through internships or academic projects is considered advantageous. Must provide a portfolio showing completed tasks such as GL Reconciliation reports, NAV Accuracy validation logs, or exception resolution case studies. Documentation & Portfolio Requirements Your resume must include a clear section on GL Reconciliation or Expense Processing experience, with specific examples of tasks, tools used, and outcomes measured (e.g., variance reduction, SLA compliance improvement). For this role, prioritize showcasing GL Reconciliation reports, NAV Accuracy validation logs, and exception resolution cases with measurable results in your portfolio — these are the exact skills evaluated in the hiring process. Salary for Treasury (Expense & Fund Admin) - Senior Associate at State Street 💰 Compensation Not Disclosed The advertised compensation for the Treasury (Expense & Fund Admin) - Senior Associate role at State Street is Not Disclosed . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Treasury (Expense & Fund Admin) - Senior Associate Upskilling with the right resources significantly enhances your chances of selection for this specific role by aligning your skills with job requirements. Recommended Courses & Resources MS Office — Proficiency in MS Office is essential for effective data management and reporting in fund administration . Communication Skills — Strong communication skills are vital for collaboration and clear reporting in financial operations. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor the resume — Highlight relevant skills and experiences specific to fund administration . ❌ Neglecting to research State Street — Understand the company's operations and values before the interview. ❌ Overlooking communication skills — Emphasize clear and concise communication in your application. ❌ Submitting a generic cover letter — Personalize your cover letter to address the specific role. ❌ Not following up on application status — Demonstrate interest by checking in after submission. ❌ Underestimating problem-solving skills — Showcase your problem-solving abilities in your resume. Before You Apply — Checklist ✅ Review the job description thoroughly to understand the requirements. ✅ Update your resume to reflect relevant skills and experiences. ✅ Prepare a tailored cover letter that addresses the specific role and company. ✅ Gather any necessary documents, such as transcripts or certifications. ✅ Practice common interview questions related to fund administration . ✅ Check the application portal for submission guidelines. ✅ Submit your application before the deadline. ✅ Follow up on your application status after a week. Resume Tailoring & ATS Keywords for Treasury (Expense & Fund Admin) - Senior Associate Optimizing your resume for ATS is crucial for ensuring it passes initial screenings for this role. ATS Keywords to Include Fund Administration Expense Processing GL Reconciliation NAV Accuracy SLA Compliance Exception Resolution Client Operations Financial Reporting Management Reporting Daily Pricing Issue Resolution Documentation Resume Tips for This Role Highlight relevant experience in fund administration or finance to align with job requirements. Emphasize teamwork and collaboration skills, as the role involves working with multiple teams. Include any projects or internships that demonstrate your understanding of financial processes. Optimize your resume for ATS by using keywords from the job description. Avoid including unrelated work experience that does not pertain to the finance or banking sector. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro Tip: Avoid including vague job descriptions; be specific about your contributions and achievements in previous roles. How to Apply for Treasury (Expense & Fund Admin) - Senior Associate at State Street Apply Now — State Street Visit the application portal and create an account. Upload your resume, ensuring it aligns with the job description. Fill out the application form with accurate personal and educational details. After submission, expect a confirmation email regarding your application status. Track your application through the portal for updates. Applications reviewed on rolling basis — early submission recommended. Apply Now — State Street NexisGrow.com does not charge any fees for job applications. State Street State Street is a global leader in banking and finance with a presence in Bangalore, India . This onsite role is part of its fund administration operations, supporting client operations through daily processing and compliance. The team ensures accuracy in NAV accuracy , GL reconciliation , and SLA compliance . Daily activities are validated, exceptions are resolved, and records are maintained to uphold fund policies and operational standards. This role supports fund administration and client operations, ensuring timely processing and compliance. It offers freshers hands-on experience in expense processing , fund administration , and exception resolution —key skills in banking and finance. Company Details Industry Banking & Finance Location Bangalore, India Connect With Us Careers Apply Now Website 🔗 statestreet.wd1.myworkdayjobs.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Treasury (Expense & Fund Admin) - Senior Associate at State Street? Eligibility Tap to expand + Answer Graduates from finance or related fields, eligible batches 2023-2026, with 3+ years of experience. ? What technical skills are most important for this role? Skills Tap to expand + Answer Fund Administration, Expense Processing, GL Reconciliation, NAV Accuracy, SLA Compliance. ? What is the expected salary for this position? Salary Tap to expand + Answer Salary details are not disclosed, but competitive for the banking sector in Bangalore. ? What should I expect after applying for Treasury (Expense & Fund Admin) - Senior Associate at State Street? Hiring Process Tap to expand + Answer Application review followed by screening and potential offer. ? How should I prepare for the Treasury (Expense & Fund Admin) - Senior Associate interview at State Street? Preparation Tap to expand + Answer Research the company, review fund administration concepts, practice common interview questions. ? Is this role work from home, hybrid, or onsite? Work Mode Tap to expand + Answer This role is onsite in Bangalore. ? What is the career growth after joining State Street as Treasury (Expense & Fund Admin) - Senior Associate? Growth Tap to expand + Answer Exposure to financial operations can lead to advanced roles in fund management. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer Relevant experience in fund administration, teamwork, and problem-solving skills. ? Is there a last date to apply for this role? Application Tap to expand + Answer Application deadlines are not specified; apply as soon as possible. ? Is there a probation period at State Street? Probation Tap to expand + Answer Probation details are not specified in the job description. ? What is the work culture like at State Street? Culture Tap to expand + Answer The role is onsite, focusing on collaboration within a team. ? Can freshers apply for this role at State Street? Fresher Tap to expand + Answer Yes, freshers from eligible batches are encouraged to apply. 🔗 Explore More on NexisGrow More jobs in Bangalore Browse all Non-Tech jobs Latest Fresher jobs More jobs at State Street Work From Home jobs Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. 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