The Vice President, Alpha Services Transformation, Strategy & Execution Lead will be responsible for strategy, business and financial analysis related to the execution of the Alpha Services Transformation program.

What we are looking for

The Alpha Services Transformation team is looking to hire a Transformation Strategy & Execution Lead that will be responsible for the strategy, business and financial analysis related to the execution of the Alpha Services Transformation program. The Alpha Services Transformation program is responsible for adding value to Alpha by driving revenue, margin, and re-engineering initiatives.Our team members serve as Subject Matter Experts in the Middle Office, Data, Implementation and professional services while overseeing the Alpha Transformation Program.

Why this job is important to us

State Street Alpha brings together front to back data and capabilities across the investment lifecycle to help our clients make better decisions, grow at scale, and deliver returns for their clients.  We partner with clients to optimize their operations, data, and technology footprint by leveraging the Alpha Platform and outsourced Alpha Services. The Alpha Services team is looking for qualified individuals with strong experience leading and executing Strategy Transformation Programs. The successful candidate will have strong transformation and business strategy experience, consultant and program execution skills in the middle-office, professional services, data and software implementation space. In addition, they will demonstrate strong program management, written and verbal communication skills.

What you are responsible for

Provide oversight and leadership of all analysis, scoping and management of workstreams/initiatives within the Alpha Services Transformation program

Act as Solution Lead on Alpha initiatives with the Alpha Services Transformation Program

Oversee the impediments with stakeholders, drive program progress, escalate risks and issues, and recommend solutions

Drive the implementation of project changes and govern necessary change management to achieve program goals

Perform financial management oversight of workstreams to enable achievement of transformation financial goals and synergies

Structure and build quantitative and qualitative/conceptual analyses

Apply strong business judgment to surface implications and practical, high impact options

Perform competitor/industry research leveraging both public and non-public sources

Manage the Program governance meetings including project plan consolidation and materials preparation

Translate business challenges into actionable, structured, approach for problem solving

Effectively balance needs and requirements of competing priorities or teams to generate strategic forward-looking outcomes rather than tactical responses

Education and Preferred Qualifications

Minimum Bachelor’s degree or equivalent.

Minimum 15 years financial services experience including Product Management, Strategy Transformation, and strong Program Management experience  

Having proven consultant-like experience with strategic experience in areas such as solution architecture, process re-engineering, analysis, and executive presentation skills

Consulting background is considered a significant plus

Industry certifications and/or consulting experience a plus

Proven leadership and program management skills

Proven strong communication, interpersonal, decision-making and negotiation skills

Proven ability to work effectively with all levels of management

Ability to influence and work collaboratively across multiple organizations to reach common goals

Organized with the ability to multi-task in a fast-paced environment

Adaptability and energy to excel with dynamic, evolving priorities

Creative, innovative mindset; not afraid to propose new ways to solve existing problems

Ability to understand broad scope of Alpha: including internal teams, clients, and vendor point of views

Competencies required: demonstrated business strategy transformation, strong middle-office skills, strong project management skills, analytical/problem solving skills, business/industry knowledge, communication versatility, information technology acumen, teamwork and leadership, written and verbal skills

Strong skills in Microsoft Office and able to use advanced features of PowerPoint and Excel Sharepoint, project management and reporting automation skills

About 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, investments 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 match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity, and Social Responsibility. We truly believe our employees’ diverse backgrounds, experience and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at www.StateStreet.com/careers 

Salary Range:

$135,000 - $210,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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