State Street

Client Implementation Specialist - Front-Office / Alpha Solution - AVP

Posted on: 14 Mar 2021

Berwyn, PA

Job Description

The Alpha Project Team defines and delivers Front-to-Back product strategy & solutions by working with both our Business Stakeholders and IT Partners to maximize delivery capabilities to increase operational efficiencies. The team strives to deliver global, integrated product capabilities that increase the organizations capabilities for our F2B clients.

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 selected candidate will be responsible for synthesizing market requirements and working with the development team to deliver an effective solution to meet such requirements. He/she will also work closely with internal stakeholders such as BAU teams, solution implementers, support personnel, and training/documentation teams-making sure their needs are part of the resulting solution delivery process. The role will interact with clients by gathering requirements, evaluating potential solutions, considering client specific concerns, and distilling this information into a solution design and will play a pivotal role helping to drive product strategy, design, and development to meet market demand.

What you will be responsible for

Develop data and functional requirements and assist in the creation of related estimates and business processes

Complete data analysis, profiling, and data mapping and validation

Perform data gap analysis on complex financial data instruments

Participate in information delivery and business intelligence strategy sessions
Interface with data experts and data sourcing resources both internally and at the client level
Assists in creation of both BAU and strategic initiatives and plans to define Model Office roadmap to reach future state goals.
Actively engages and executes assignments for large and complex business solutions initiatives across Model Office.
Promotes business requirements analysis best practices, tools and controls to improve processes and quality of service..
Assists in development and maintains ongoing repository of business process workflow documentation.
Drives the creation of business case documentation and requirements analysis for Model Office.
Work closely with Alpha initiatives to continuously improve our approach
Partnering with Information Technology ensures proper communication of business requirements to ensure smooth implementation workstreams.
Assist in the development the conceptual/logical data models with appropriate business contexts
Employ analytical, conceptual, and creative thinking skills to improve outcomes

Qualifications:

Bachelors degree in Business, Accounting, Finance, MIS, Information Technology, or related field of study or equivalent

Domain knowledge and be able to understand the various listed instrument types like Equities, Bonds, ETD Derivatives, Bank Loans, TBAs, etc.

Knowledge / Experience in Middle Office Recordkeeping, Transaction processing, Front Office modeling and compliance engine support
Proven related financial services experience. Good understanding of State Street businesses.
Proven experience with business requirements analysis to meet critical business needs, must display an ability to drive tasks through to completion.
Demonstrated record of leading others to achieve goals.
Strong written and oral communication skills, ability to interact and influence peers, managers and senior leaders.
Excellent interpersonal, communication, facilitation, presentation and negotiation skills.
Project leadership and project management skills considered a plus.
Very strong relationship management with demonstrated ability to work across business lines.
Results oriented ownership mentality.

State Street

Boston, MA

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. It offers investment servicing products and services, including custody; product and participant level accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors.

The company also provides investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. In addition, it offers services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and outsourced chief investment officer. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

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