Business Strategy & Planning, Assistant Vice President

Who we are looking for

The successful candidate will be a leader within the Alternatives segment of State Street and the Business Technology team with the primary role of connecting resources and expertise across our business in ways we haven’t before via the Product Owner role. As the organisation continues to move towards achieving a digital enterprise this role will involve combining data management and access technologies, process improvements and talent to drive innovative products and solutions, eliminate operational defects, strengthen our risk excellence and improve our client service.

The successful candidate will have experience in the fund industry, products and services including a good understanding of industry standards and regulatory and reporting requirements.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As a Business SME and Product Owner you are the main representative of the business who speaks as the “one voice of the customer”:

• Help define AIS product vision and strategy, business case, business requirements and maximises ROI
• Leading with an owners mindset and representing one voice for the business as a Product Owner for ESP Reporting
• Iteration planning and refinement sessions with IT application owners as part of your product owner role, to solution and bring business requirements to fruition across multiple reporting streams; RSL development, Interactive Views and Extract reporting
• End to end environment testing of IT development of the business’ requirements and co-ordination of final release to production
• Liaising with application stakeholders upstream (Lumis/Geneva/Middle Office) and downstream (3rd parties) in the workflow process to realise the business requirement
• Assist the business to increase resiliency and reduce operational risk; automate manual processes and redesign controls with increased prevention/detection capabilities
• Increase level of collaboration with business across Alternatives and the firm, in support of Hedge Strategy, IS, Alpha, FOHF, Private Markets, AIS Liquid Alternatives and Digital Assets growth and retention strategies
• Assist senior management with SME consultation and support new business proposals and product offering, bring thought leadership and deep knowledge to expand pipeline and client wallet opportunities
• Enhance the wider Geneva and Data Strategy solutions to offer best in class products and infrastructure services by continuing to optimize the AIS E2E architecture providing a robust GL operating environment and comprehensive Unified Data Architecture.
• Simplify end-to-end operating model and increase productivity, execute core upstream process changes to drive efficiency and reduce cost-to-serve in middle and back office; focusing on end-to-end design for development and execution planned for 2022/23

What we value

These skills will help you succeed in this role

• Prior NAV accounting experience and product knowledge
• Strong critical thinking, problem solving, and decision making skills
• Willingness to learn & proactively take initiative to achieve successful outcomes
• Ability to collaborate with internal & external stakeholders to achieve optimal business solutions
• Self-management and adaptability
• Willingness to learn
• Collaboration with various stakeholder to achieve the end to end vision/goal

Education & Preferred Qualifications

• Bachelor Degree
• Five Years or more of Experience
• Advent Geneva, Excel, ESP/Datawarehouse/ Macro Applications

Additional requirements

• Experience with working with Hub team locations
• Involvement with historical accounting and/or reporting system conversions

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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.