Full-Time

Alternative Business Transformation Specialist – Senior Associate

Posted on 9/9/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Junior, Mid, Senior

Company Historically Provides H1B Sponsorship

Toronto, ON, Canada

Category
Project Management
Strategy Development
Business Development
Business & Strategy
Required Skills
Communications
JIRA
Confluence
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree required, preferably in accounting, finance, or economics
  • 2+ years of experience working within an investment firm in a technology, front office or software related role
  • Strong written, communication, and presentation skills, including the ability to liaise with and influence senior subject matter experts
  • Must have strong organizational skills
  • Must demonstrate sense of ownership and accountability for work
  • Ability to multiple task and work within tight deadlines
  • Works collaboratively, and builds effective working relationships & promotes teamwork
  • Strong interpersonal, quantitative and analytical skills and a high proficiency with MS Excel, Word, PowerPoint, JIRA, confluence.
  • Preferred experience in Alternative Investments.
Responsibilities
  • Assist in writing business requirements and executing test scripts
  • Perform data analysis and reconciliation required for testing and validation of new functionality
  • Assist in the execution of the governance framework over transformation globally
  • Monitor the implementation of new functionality to ensure effectiveness and track issues and bugs to resolution
  • Track and communicate changes that impact operational teams, including report instructions, new products, enhancements, etc.
  • Coordinate and liaise in creation of training materials
  • Preparation/documentation of process flowcharts
  • Compile and analyze performance metrics of newly implemented initiatives
  • Assist preparation of materials to be presented for new functionality to senior management and the organization
  • Build strong, long-term relationships throughout State Street organization

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street benefits from the growing demand for ESG-integrated investment strategies.
  • The rise of digital assets offers new growth opportunities for State Street's custody services.
  • Expansion in passive investing and ETFs provides market share opportunities for State Street.

What critics are saying

  • Increased competition from firms like BlackRock and Vanguard may impact State Street's growth.
  • Geopolitical tensions in expansion regions could affect State Street's operations and profitability.
  • The rise of fintech companies poses a threat to State Street's traditional business model.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to diversity and inclusion in its operations and leadership.
  • State Street leverages advanced technologies for data analytics and investment management.

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