Middle Office Transaction Management teams service all aspects of trade confirmation and settlement instruction creation process across Asset Managers portfolios worldwide. Products include equities, fixed income, cash, foreign exchange, unitized funds and securitized derivatives of the same. IMS Transaction Management team is centric for Asset managers, traders, brokers and other counterparty’s relationships.

Who we are looking for
An individual with proven solid financial services experience (industry-related Middle Office, Custody or Transaction Processing experience is preferred), project / change management experience and business analyst's type of skills and mindset who will be leading strategic projects across the department. You will be representing the department when delivering cross-functional projects as well as being responsible for marinating and building relationships with critical internal and external stakeholders.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements

Your new role
 

As a Business Solutions and Implementation Senior Manager - Middle Office, Assistant Vice President you will be responsible for

• Leading documenting, analysing, reviewing and supporting STP and Internal Business Operations projects, covering feasibility studies, Return On Investment (ROI) business cases, project plans and delivery of operational readiness from internal agreed directives supporting business operations and delivering to the business owners

• Providing managerial support to the Transaction Management (TM) Business Operations teams in relation to new business, project changes to processes and improvements, operational team (BAU) support

• Leading and supporting internal business operation projects and co-ordinate with other global locations as well as locally

• Leading strategic projects and initiatives as representative of the wider business operations teams

• Monitoring, tracking and documenting the conversion projects and progress with core documents and regular update

• Leading global, both external and internal onboarding process by achieving operational readiness, reducing post-migration straight through process fallouts, supporting resources estimation

• Leading and facilitating projects and clients calls with various external and internal parties to gather requirements and duly deploy processes/changes

• Reviewing and improving current working practices as part of projects creation and changes to the business gaining efficiencies

• Assuring maintaining task listing and project updates into project plans, keeping lead Project Manager, or Business Owner aware of all data regarding external entities, internal entities and project preparation and implementation

• Tracking projects and post implementation benefits to ensure data is available to management for Return On Investment

• Keep abreast of market changes and developments, and internal system developments ensuring that all new processes align to best capability and practices

• Providing appropriate management information as required to support business unit decision making

• Supporting the ‘Risk Excellence’ culture within the business

What we value

These skills will help you succeed in this role:

• Excellent project management skills; ability to manage large, complex projects throughout the project life cycle and manage project teams on tight time frames

• Ability to manage through complex issues and realign priorities and deliverables to ensure milestones and targets are achieved

• Strong interpersonal, communication, facilitation, presentation, and negotiation skills

• Strong relationship management skills with demonstrated ability to work with  global SSC business lines;

• Client service and solutions driven mind-set

• Strong prioritization management and resource management skills

• Expertise with project management methodology and tools

• Fluent English – strong verbal and written communication skills

What we value

Preferred experience, required skills and competencies

• A minimum of 8 years Investments experience, 4 of which should have been involved in project work with a detailed understanding of the procedural, technical and product requirements

• Fluent English – strong verbal and written communication skills

• Academic background, preferred degree in economics, finance, science or engineering

• Strong understanding of Transaction Management within Business Operations

• Detailed knowledge of Investment Instruments across asset types i.e. Equities, Bonds, Exchange Traded Derivatives and Foreign Exchange

• Knowledge of current market ISITC code of practice

• Applying the understanding of global markets tendencies and enforced regulations i.e. T2S, MIFIID 2 together with existing settlement methodologies across various products into assigned tasks and projects

• Excellent managerial skills enabling leading and managing projects as well as working under tight deadlines

• Strong presentation and facilitation skills including experience in expertise and knowledge sharing presentations/workshops to senior management and clients

• Previous testing ability, extensive knowledge of ETC/STP would be an advantage

• PC skills, including MS Office applications Word, Excel, Project and Visio

• Excellent analytical, research and problem-solving skills

• Experience of working in a critical deadline driven environment

• Ability to form effective working relationships with multiple parties - Clients, Business Experts, IT and Project Teams

• Self-motivated, adaptable and show initiative with an ability to work both autonomously and within a team environment

• Client service and solutions driven mind-set

• Flexible/extended working hours may be required around a project go live

What we offer

• Permanent contract of employment from day one

• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)

• Gold medical package for employees and their families (partner and children)

• Premium life insurance package and private pension plan

• Employee savings plan

• Multisport Card

• Wide range of soft skills training, technical workshops, language classes and development programs

• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice

• Variety of well-being programs

• Technical or leadership career pathway

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, investment research & trading and investment management to institutional clients.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences 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