Job Description
Who we are looking for
In this role, you will work with State Street teams from around the globe to lead a team supporting a global premier investment management client. You will have leadership responsibility to oversee end-to-end delivery all day-to-day transactional responsibilities of the team in a fast-paced, flexible and exciting environment. The role will need to initiate and develop good communication and interpersonal relationship with business operations teams and IT and to maintain the high level of service that is currently being provided to all the clients.
Why this role is important to us
This is a varied operational and managerial position with middle level of responsibility within Middle Office Services operating via Aladdin platform. This AVP acts as a primary escalation point for all internal/external client(s). The team is responsible for end-to-end service delivery for majority of the Middle office functions on Aladdin. The candidate should be hands on manager who is required to ensure the teams under their responsibility undertake delivery to both internal and external client(s), ensure timely response to client initiated queries, and escalation of any unresolve matters to manager for best resolution solution.
What you will be responsible for
you will
Manage the corresponding team in location(s) for responsible client(s)Own the end-to-end trade lifecycle delivery including trade capture, confirmation, settlement support, reconciliation and corporate actionsEnsure accurate & timely processing across asset classesOversee trade exceptions, breaks resolution and escalation protocols with custodians and brokersServe as the key point of contact for daily BAU, incident management and SLA adherenceAct as senior operational liaison for global clients and internal stakeholdersDeliver regular service reporting, governance decks and support client reviewsLead strategic initiatives such as client onboarding, change requests and transitionsDrive high performance culture through mentoring, training and career developmentEnsure adherence to control standards, regulatory requirements and audit protocolsProactively identify risk areas, conduct root cause analysis and implement remediation plansLead business continuity and resiliency efforts in coordination with other functionsIdentify and implement process improvements and automation opportunitiesCollaborate with technology, product and transformation teams for system enhancements and tool upgradesCommunicate effectively on issues / problems to the Client and to SSC management and ensure a proper and timely follow-up to ensure resolution.What we value
These skills will help you succeed in this role
Strong knowledge of trade lifecycle management, reconciliations and settlementsBroad and in-depth understanding of the asset management industry, gained through working in a variety of asset management disciplines.Strong critical thinking, problem solving, and proactive mindsetClient centric attitude in managing, prioritizing and delivering operations and servicesStrong communication and presentation skills to audiences of different sizes and levels of seniorityGood team working skills.Commercial acumen – Experience in leading and delivering operations in line with cost/budgetsAble to drive pay for performance and culture of performance differentiation within teamsStrong understanding of the risk and controls environment within a G-SIFI firm, and as such a desire to embed a risk excellence culture across teamsExecutive presence, managing with influence and effective communication across stakeholder groups both regionally and globallyFlexibility in working outside of your responsibilities and areas of expertise - Taking accountability of end-to-end outcomes as an enterprise, collaborating across functions/business and locationsClient centric attitude in managing, prioritizing and delivering operations and servicesResult-oriented with an ownership and accountability mindsetEducation & Preferred Qualifications
Degree in finance, business, technology or equivalent or relevant industry experienceIn depth understanding of Middle Office operations or related financial services functionsPreferred hands on experience / working knowledge of AladdinProven experience in client communication and interaction at all levelsAbility to thrive in fast-paced, matrixed and global environmentsExperience in leveraging technology solutions including low-code toolsStrong MS Excel, Access, Word, PowerPoint skills necessaryStrong English written and spoken abilityAbout State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
About State StreetAcross 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
Read our CEO Statement