Alpha Client Implementation, Assistant Vice President

Who we are looking for

State Street Alpha’s Professional Services team is looking for experienced leaders to drive our Data Collection, Configuration and Conversion practice across the Alpha platform. We’re looking for experienced professionals across front and middle office operating models, data migration, outsourcing, business architecture and project management disciplines.

The practice will centralize the collection of data from our clients for implementation onto the Alpha Platform.

The Conversion Managers will work closely with the implementation work streams to align with client testing needs. This will extend across multiple teams and time zones. The team will also be responsible for end to end Operational Readiness across the front the back model and ensure the testing teams .

Overall collection, configuration and conversion activities convers the life span of the conversion event and is a single point of mastering and distribution for clients. This will range from cost estimation, scoping requirements and engaging with client and internal business partners 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 and manage the activities of those involved in the conversion(s) which could be up to 5-10 individuals located in different time zones.

Why this role is important to us:

The team you will be joining is a part of State Street Alpha. State Street 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, State Street 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 AVP – Conversion Lead, you will

• •Create and implement conversion strategies to successfully migrate data from legacy platforms into State Street Alpha/middle office platforms.
• •Coordinate and drive the deliverables of conversion planning and testing in order to meet the milestones

Create data maps to show the flow from legacy systems to the in-house system using existing functionality and processes

Drive the data conversion development lifecycle and methodology including requirements analysis, solution design, client acceptance, timeline creation, implementation, unit testing, deployment tools, and maintenance

Lead 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

Head all conversion events which includes some weekend activity and off hours

Serve as client facing lead for all conversion related activity with client and internal business units

• •Serve as an SME speaking to details as required while managing multiple processes
• •Manage Conversion events like Damp runs, Dry runs and Dress rehearsals which leads up to the GO live conversion
• •Navigate complex client relationships, build strong business relationships and manage expectations with client stakeholders
• •Drive our Automation and Operating Model Efficiency Initiatives in order to achieve scalability and improved resource management

What we value

These skills will help you succeed in this role

• •Excellent Communication Skills with ability to effectively run meetings and collaborate across teams and functions
• •Ability to work in a high paced environment, be flexible, follow tight deadlines, organize and prioritize work. Weekend work required.
• •Ability to proactively identify potential issues and drive resolution.
• •Leadership and effective management skills
• •Ability to engage with senior client staff across multiple workstreams and functional roles

Education & Preferred Qualifications

• •7+ years of relevant Financial Industry Experience required, preferably Investment Management, Asset Management
• •Experience in implementation of large client onboardings with complex architecture, multiple teams and functionalities.
• •Experience in Migration of data into Front office and middle office systems.
• •Exposure to Charles river or any other front office systems is preferred
• •Intermediate to advanced Microsoft Word, Excel, Visio, PowerPoint, SharePoint and Access skills, as well as Microsoft Project or other project management software experience
• •Solid understanding of Data Warehouses and Databases including SQL
• •High Level knowledge or experience in Capital markets including Middle & Back Office, Securities, Bank Loans, IBOR / ABOR, Transaction Mgmt or system knowledge of Eagle, Eagle Star, PAM, Portia, WSO or other is expected.

Experience owning initiatives / projects related to Middle & Back Office Client On boarding

Salary Range:

$80,000 - $140,000 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home .

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.