State Street

Alpha Conversion Manager

Recruiter
State Street
Location
Boston, Massachusetts; Princeton, New Jersey
Salary
Not disclosed
Posted
20 May 2024
Closes
20 Jun 2024
Ref
R-748848
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

What You Will Do:

Individual will lead and coordinate Alpha E2E and middle office conversion activities. This will range from cost estimation, scoping requirements and engaging with client to facilitating data extract set up process, organizing and leading conversion events (dry run, dress rehearsal, go live) and ensuring a smooth transition to BAU working across the different business units. The individual will be expected to coordinate the activities of those involved in the conversion which could be up to 10-15 individuals located in different time zones.

Specific duties include:

  • Coordinates and drives the deliverables of conversion planning and testing in order to meet the milestones;
  • Creates data maps to show the flow from legacy systems to the in-house system using existing functionality and processes;
  • Drives the data conversion development lifecycle and methodology including requirements analysis, solution design, client acceptance, timeline creation, implementation, unit testing, deployment tools, and maintenance;
  • Leads issue resolution and gap closure in terms of data provided or discrepancies in data between legacy presentation and the future state model based on the feedback provided;
  • Heads all conversion events which includes some weekend activity and off hours;
  • Serves as client facing lead for all conversation related activity with client and internal business units; and
  • Serves as a subject matter expert speaking to details as required while managing multiple processes.
  • Weekend work required occasionally.
  • Lead a global conversion team responsible for executing on implementation activities
  • Occasional travel required for client or global team onsite visits

Education and experience requirement(s):

  • Bachelor’s Degree in Finance, Accounting, Business Administration/Management or related field; plus
  • 10 years of relevant financial industry experience
  • Alternate education and experience requirement(s) (if applicable):
  • Master’s Degree in Finance, Accounting, Business Administration/Management or related field; plus
  • 3 years of relevant pre- or post-Master’s financial industry experience
  • Special skills, knowledge, or certification and/or licensure required for position (not preferred):
  • Demonstrated high Level knowledge or experience in Capital markets including Middle Office, Securities, Bank Loans, IBOR / ABOR, Transaction Mgmt or system knowledge of RKS, CRIMS, Eagle, Eagle Star, PAM, Portia, WSO or other is expected;
  • Demonstrated excellent Communication Skills with ability to effectively run meetings and collaborate across teams and function
  • Demonstrated high level of skill in team management, employee development and mentoring
  • Proven ability to work in a high paced environment, be flexible, follow tight deadlines, organize, and prioritize work;
  • Working knowledge of data quality measures across referential, completeness, tolerance, index and business driven data qualitative and quantitative measures
  • Solid ability to proactively identify potential issues and drive resolution;
  • Experience owning initiatives / projects related to Middle Office Client Onboarding;
  • Proven intermediate Microsoft Word, Excel, Visio, PowerPoint, SharePoint and Access skills, as well as Microsoft Project, JIRA or other project management software experience; and
  • Solid understanding of Data Warehouses and Databases including SQL.

Additional requirements

This is a leadership position and will be expected to bring the regional and global teams together to collaborate across current and future deals

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.

Salary Range:

  • $120,000 - $202,500 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.

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

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