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Full-Time

Operational Readiness Lead

VP, Front-Office / Middle-Office Trading

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

$125k - $207.5kAnnually

Senior, Expert

Berwyn, PA, USA

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Required Skills
Management
SQL
Word/Pages/Docs
JIRA
PowerPoint/Keynote/Slides
Requirements
  • 10+ years of relevant Financial Industry Experience required, preferably Investment Management, Asset Management
  • Experience in implementation of large client onboardings with complex architecture, multiple teams and functionalities.
  • Experience in Migration of data into Front office and middle office systems.
  • Experience working across teams using Jira and Confluence
  • Intermediate to advanced Microsoft Word, Excel, Visio, PowerPoint, SharePoint and Access skills, as well as Microsoft Project or other project management software experience
  • Solid understanding of Data Warehouses and Databases including SQL
  • High Level knowledge or experience in Capital markets including Middle & Back Office, Securities, Bank Loans, IBOR / ABOR, Transaction Management
  • Experience owning initiatives / projects related to Middle & Back Office Client On boarding
Responsibilities
  • Serve as client facing lead for all operational readiness related activity with client and internal business units
  • Manage staff and lead virtual teams to achieve and execute on stated priorities and goals
  • Coordinate and drive the operational readiness framework ensuring people, processes, and technology across all stakeholders are ready for Day 1 of Go-Live
  • Oversight of third-party reach-out activities (on-boarding of external parties such as custodians, brokers, transfer agents, and clearers) to establish third party connections and obtain data required for relevant workstreams to ensure readiness
  • Serves as an SME speaking to details as required while managing multiple processes
  • Coordinate & Lead Ops Readiness events like Day in the Life and Production Parallel that lead up to the Go-Live event including the warranty period post conversion (defining governance structure, issue management, scope, entry & exit criteria)
  • Work as a member of a global team – provide status, communicate issues, share ideas, and follow process for analysis, development and support protocols
  • Ensure program activities adhere to legal guidelines and internal policies. Apply change, risk and resource management principles when needed.
  • Partner with all relevant corporate functions, businesses and stakeholder to ensure effectiveness of the activities and expectations management.
  • Raise risks and issues effectively within the program, drive solutions and effectively communicate options.
  • Review completed conversions for lessons learnt to apply to future implementations for process improvement

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%
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.