Business Process Lead, Assistant Vice President Business Process Lead, Assistant Vice President …

State Street Corporation
in Berwyn, PA, United States
Permanent, Full time
Be the first to apply
State Street Corporation
in Berwyn, PA, United States
Permanent, Full time
Be the first to apply
State Street Corporation
Business Process Lead, Assistant Vice President
State Street is seeking a skilled and proven professional with experience in supporting client engagements from the initial sales support through onboarding. This role will be responsible for interfacing directly with clients/prospects to demonstrate front, middle and back office capabilities within the ALPHA platform while gathering insight into the clients requirements. The candidate should be self-motivated, goal-oriented, a fast learner and quick thinking team player who excels at multi-tasking.

Specifically, the candidate will:
  • Have industry knowledge essential in understanding Front Office Operations, Transaction Management, Recording Keeping, Corporate Actions, OTC derivatives, Performance & analytics, Reconciliation, Reporting, Cash Management and Collateral Management
  • Stay up-to-date with new product and feature launches and ensure sales team is on board
  • Understand client requirements to demonstrate STTs capabilities
  • Build and maintain relationships with clients and prospects
  • Stay current with trends and competitors to identify improvements or recommend new products
  • Understand functional capabilities, confirm software/ integration gaps and prove out the benefits of Alpha integration
  • Assist various internal teams with scenario testing against the model office client including adding static data necessary to facilitate the scenario
  • Participate in the development lifecycle and methodology. This includes requirements analysis, solution design, client acceptance, timeline creation, implementation, unit testing, deployment tools, and maintenance
  • Analyze and document the business specifications for technical and functional changes, defining the required design approach within the business specification documents
  • Understand the current processes and tools used by State Street, and map new requirements to this tool
  • Collaborate with business leads and IT leads to define architectural requirements in order to finalize client POC platform requirements
  • Define and document current and future state operating models as required
  • End-to End Business Process validation& test Management for POC Clients - Leading test strategy, Client Test Planning, Interfacing with External Clients senior managers & executives.
  • Provide periodic and ad hoc status reporting to senior management and relevant PMOs

The ideal candidate should have:

  • Excellent analytical and interpersonal skills, verbal and written communication and presentation skills
  • Strong relationship management skills
  • Domain knowledge and be able to understand the various listed instrument types like Equities, Bonds, ETD Derivatives, Bank Loans, TBAs, etc.
  • Ability to work on multiple projects concurrently and prioritize work accordingly
  • Knowledge / Experience in Middle Office Recordkeeping and Transaction processing is essential
  • Knowledge / Experience of Front Office modeling and compliance engine support
  • Strong user of the Microsoft Office Suite of products including Microsoft Visio
  • Effective organizational, decision making, and communication skills
Company Overview

From technology and product innovation to corporate responsibility and community development, 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 - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.

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