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Full-Time

Aladdin Middle Office Strategy and Architecture

MD

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$170k - $267.5kAnnually

Senior, Expert

Company Provides H1B Sponsorship

Boston, MA, USA + 2 more

More locations: Berwyn, PA, USA | Quincy, MA, USA

Up to 25% travel required for both internal management and client purposes.

Category
Project Management
Strategy Development
Business Development
Business & Strategy
Required Skills
Sales
Marketing
Requirements
  • 15+ years in financial services, either in front office, middle office, capital markets, trading, operations and/or client service
  • Proven change management abilities delivering successful outcomes on transformation initiatives
  • Significant understanding of Aladdin Enterprise
  • Experience in developing, implementing Aladdin and/or relative middle office services
  • Proven track record in driving innovative products from ideation through design and development (preferably within large, complex organizations), inclusive of commercial considerations
  • Experience working with asset management, asset owner, insurance company clients
  • Excellent presentation, communications, collaboration and influencing skills
  • Proven ability to build relationships with internal and external partners and stakeholders
  • MBA and/or CFA are a plus
  • Up to 25% travel required for both internal management and client purposes.
Responsibilities
  • Provide thought leadership across the organization in the strategic development of STT’s Aladdin Middle Office Outsourcing efforts
  • Stay abreast of BRS product strategy/roadmap and understand/analyze impact to AMOOS strategy
  • Define, articulate and help enforce a standard operating model with our clients and BRS
  • Coordinate across STT senior stakeholders to develop, implement, and deliver a scalable global operating model
  • Assist global Sales teams with the expanding Aladdin Middle Office opportunities. Work with senior management to target future AMOOS opportunities to maintain STT’s position as the largest global AMOOS Provider
  • Support global Implementation teams with onboarding Aladdin Middle Office Outsourcing assignments
  • Ensure Aladdin MO best practices/standards are onboarded across the model to ensure and maintain scalability, LOI/SLA documentation, etc.
  • Streamline the onboarding processes to achieve revenues faster
  • Work with Global Delivery/Operations leadership teams to establish a scalable multi-client operating model and global footprint strategy for Aladdin Middle Office Outsourcing
  • Assist with the redesign of the existing Aladdin support teams to prepare for expected growth in this business line
  • Develop a quasi-multi-tenant global support team to more easily accommodate additional clients onto the model (4 clients by year end)
  • Establish a seamless and scalable global pass-the-book - multi-client support model
  • Foster and sustain a mutually beneficial vendor relationship with BRS as it pertains to Aladdin Middle Office Outsourcing
  • Establish a MO agenda as a BRS client: Develop a joint marketing strategy, Develop a multi-tenant Aladdin Middle Office Outsourcing environment
  • Driving cross-functional collaboration and innovation across technology, integration, product, risk, sales, marketing, compliance, legal, and finance teams
  • Building/maintaining close relationships with clients and partners while representing the Aladdin Middle Office Outsourcing Model in client and market facing interactions
  • Serving as an evangelist of the Aladdin Middle Office Outsourcing Model, both internally and externally, to drive awareness, adoption, successful partnerships and new business
  • Provide support for and effectively communicate broad overall company initiatives and goals to managers and staff within span of control
  • Responsible for developing budget and staffing projections
  • Assess operational effectiveness and make suggestions to transform how we operate and deliver services to clients.
  • Maintain confidentiality of Aladdin IP.

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' financial goals. The company distinguishes itself through its commitment to innovation and promoting diversity and inclusion within its workforce. State Street aims to deliver high-quality financial services while fostering a supportive and inclusive culture.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
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Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.

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