Full-Time

Alpha Middle Office Product Solutions

Implementation Manager, Vice President

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Consulting
Financial Services

Compensation Overview

$125k - $207.5kAnnually

Expert

Company Historically Provides H1B Sponsorship

Boston, MA, USA + 1 more

More locations: Berwyn, PA, USA

Category
Business Research
Project Management
Strategy Development
Business & Strategy
Requirements
  • Minimum of 10 years of experience in investment operations, project management, client implementation and/or business analysis.
  • Experience integrating with other industry software providers to promote platform interoperability.
  • Prior experience leading large scale client conversions and onboarding efforts in the financial industry.
  • Knowledge of products and processes related to the financial services industry would be an advantage, as is related experience in technology strategy or in a client service or business function and / or management consulting.
  • Experience with designing new solutions by analyzing requirements, studying system capabilities, and writing specifications.
  • Demonstrate understanding of Investment Management Operations processes, technology, and procedures, and an ability to learn quickly.
  • Strong communication and interpersonal skills, written and oral; confident in interaction with senior stakeholders.
  • Strong analytical skills including process analysis. Very strong interest in the underlying detail of the analysis is a must.
  • Demonstrate excellent process and project management skills.
  • Ability to organize, prioritize, balance key tasks and manage time effectively.
  • Comfortable facilitating project working groups and possesses strong data gathering skills.
  • Extensive knowledge of State Street platforms including Alpha, Charles River, RKS is desired (Internal Candidates only).
  • Domestic and/or international travel and flexible working hours may be required (i.e. weekend working and extended hours on occasion, linked to client assignments and project deadlines.)
  • Candidate must be self-assured and react well within critical deadline situations.
Responsibilities
  • Be responsible for managing the client solution design (operational processes as well as system functionality), conversion approach, implementation plan, go-live, and post-go-live activities for converting clients onto State Street’s Front to Back servicing platform.
  • Manage the definition of services, service level agreements, in/out scope discussions, and change control items with the client and internal stakeholders.
  • Collaborate with other teams to share approaches, develop best practices and improve team capabilities to successfully migrate clients.
  • Coordinate with a Model Office environment and team for internal and external testing and POC purposes.
  • Organize and conduct implementation project status meetings, including communicating status to internal and external stakeholders, including senior management.
  • Support the delivery of cross-operations, high priority projects across all typical project phases.
  • Support business analysis and requirements definition.
  • Track client feedback/requests and incorporate in product road map where appropriate.
  • Work closely with Business, Data and Solution Architecture to ensure alignment with strategic goals and key business decisions regarding products, services and key business initiatives.
  • Leverage business analysis frameworks and Business Architecture team to develop an integrated view of the business, in the context of the enterprise, and drive strategic alignment across product, platform, operational and service areas.
  • Understand the firm’s strategic plans, business, process and architecture and apply that knowledge in the solution design and develop.
  • Work with Global Delivery business units to assess and streamline processes in order to mitigate risk, cost or service issues and generate efficiencies.

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 innovation and leadership, particularly in promoting gender diversity and inclusion within the workplace. The goal of State Street is to provide high-quality financial services while fostering an inclusive environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-10%

2 year growth

-10%
Simplify Jobs

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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