OTC Implementation Specialist, AVP

State Street.
Hangzhou, China
Not disclosed
27 Sep 2022
27 Oct 2022
Contract type
Full time
Experience level

Who we are looking for:

State Street is searching for OTC Derivative Implementation/Deployment Analyst-AVP to join State Street’s technology team. Candidate will be responsible to provide Client onboarding implementation support to DHUB Global GL model conversion/Business users/Derivative COE on Straight-thru-Processing for derivatives products on Derivative application. Assist in analysis of current processes, recommend solutions and act as subject matter expert on impact of systems changes to business processes. Candidate may also participate with our new strategic transformation and process supporting the development and integration of client messages through applicable applications.

What you will be responsible for:

As OTC implementation Specialist you will:

  • Participate in onboarding Client / Investment Managers onto State Street’s OTC Derivatives Trade Processing Application for MO and BO processing
  • Conduct implementation of multiple projects or single, large, complex project
  • Participate in Business discussions on Onboarding requirement and/or data requirements and workflow definition.
  • Participates in project planning and management by documenting and maintaining plans, managing issue logs and preparing project documentation.
  • Assists in the analysis of client static data requirements and conducts meetings (where necessary) with Business Ops teams to discuss relevant data.
  • Perform the process of designing and executing client configurations of the Test and Production DHUB application to support each unique client workflow
  • Work with multiple business units on trade data analysis and understanding what types of products a client trades.
  • Liaise with internal teams to ensure all deployment activities - testing, data setup and operational readiness are well coordinated
  • Coordinate training and documentation of new functionality
  • Investigate inquiries from various State Street organizations and follows through to ensure that implementation problems and issues are addressed
  • Monitors central mailbox for user queries and BAU support
  • Assists in testing end to end operating model and system releases, some weekend work required in this space.

What we value:

These skills will help you succeed in this role:

  • Understanding the business processes and business requirements as they relate to Transaction Management including OTC Derivatives and the platforms that process these transactions
  • Ability to clearly articulate ideas, both written and oral, to internal and external audiences
  • Must have strong communication, analytical, project management and problem solving skills
  • Proven leadership skills and ability to work independently and as a team member part of a larger global team
  • Ability to work on multiple projects concurrently and prioritize work accordingly
  • Proactively discovering issues and resolving them before business impact.

Education & Preferred Qualifications:

  • 6-8 years’ work experience in financial services, within OTC Derivatives middle and back office servicing space.
  • Demonstrated OTC Derivative products experience and knowledge
  • Experience in the E2E process of client onboarding/implementation
  • Experience of client set-up/configuration
  • Excellent communication and analytic skills
  • Bachelor’s Degree in Finance or related disciplines

Additional requirements:

  • Cyclical/flexible work time maybe needed depends on project need
  • Understanding of DHUB GL model considered a plus

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.

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 you 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, 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.

For further information, and to apply, please visit our website via the “Apply” button below.

Similar jobs

Similar jobs