At a Glance
- Tasks: Lead the development of innovative risk analytics and market data solutions.
- Company: Join State Street, a global leader in financial services.
- Benefits: Enjoy competitive salary, comprehensive benefits, and flexible work-life support.
- Other info: Be part of a diverse team committed to your growth and success.
- Why this job: Make a real impact in a dynamic industry with cutting-edge technology.
- Qualifications: 15+ years in risk/analytics with strong leadership and communication skills.
The predicted salary is between 157500 - 192500 £ per year.
State Street Alpha Data Service (ADS) is the data-as-a-service provider that is the backbone of the Alpha front to back strategy. Combining both technology and service provision to deliver significant data management value to our clients. We're looking for a candidate to lead our Implementation Leads.
The team you will be joining is part of a global, cross-divisional group supporting State Street AlphaSM. State Street AlphaSM redefines the common definition of ‘alpha’ to mean powering better performance and outcomes at every point on the investment lifecycle and is the first open platform from a single provider that connects the front, middle and back office. It harmonizes data, technology and services across trusted providers to help our clients better manage their businesses. Join us if making your mark in an ever-changing, increasingly complex and competitive industry is a challenge you are up for.
As the ADS Risk Performance & Attribution (RPA), Managing Director:
- Primary goal is to develop and commercialize a service model for Risk Analytics and Market Data Operational Control Framework which is interoperable with 3rd party risk vendors, 3rd party OMS providers, 3rd party IBOR providers, and the Alpha Platform.
- The position will sit within ADS and report to the ADS Market Data Practice, Managing Director.
- The role will be responsible for the management and commercialization of the Alpha RPA proposition and client oversight.
- The Managing Director will be responsible for developing a service model covering all use cases in the Alpha model – to include and not limited to: integrating RPA (ex-ante/ex-post) outcomes with CRIMS; ADP; external OMS; Alpha Performance Services and integrations with Alpha RPA product partners.
- The role will lead the practice in two dimensions:
- The operating and servicing model to support Alpha integrations of RPA with Alpha product partners – Axioma/Factset/MSCI/BBG Port as well as the functioning of CR Analytics.
- The operating and servicing model to deliver performance ready data to Alpha product partners such as Factset/MSCI/BBG Perform as well as the functioning of Alpha NG Performance (Opturo).
- For both dimensions above – the role will be required to participate in the development of the product (technology) integration with these business partners to ensure the success of the Alpha e2e integration, have detailed awareness of the product integration design.
- The Managing Director will be expected to influence Alpha product partners to achieve a commercial and risk aware e2e solution.
- The role will work closely with Alpha/STT business development partners to ensure practice capabilities are clearly articulated and support business development activities.
- The Managing Director will develop and maintain a client facing commercial terms sheet.
- The role will stay informed of more general Alpha product changes (e.g. Alpha EDM) and lead the impact assessment and response to these changes.
- The role will lead the discussions with the Alpha RPA Product teams and set the quarterly/annual development agenda and budget with the CRD/Alpha Product Leads.
- The role will enforce the utilisation of the Alpha Standard Documentation. Work with relevant teams to develop and maintain the ASIS and other relevant practice standards.
- Partner with broader State Street organization to provide solutions in support of any new client requirements that are extension of the standard or in some select cases a client specific bespoke solution.
- Lead the deployment of AI opportunities to the benefit of clients and Alpha servicing teams.
These skills will help you succeed in this role:
- Demonstrate excellent communication skills across all channels and levels of recipients including team members, colleagues, clients at all levels including C suite.
- Ability to engage at a technical level with FO portfolio/product and risk teams.
- Demonstrate excellent motivational skills and lead by example in all areas.
- Support a culture of commitment, teamwork and productivity alongside diversity and work life balance.
- Must have experience in Front, Middle and Back Office services.
- Deep experience in Risk Performance and Attribution – including servicing complex FO use cases for Start of Day decision making across a range of asset classes/security types.
- Extensive experience with Financial Services data domains – Security Reference Master, Positions, Transactions, Cash, Performance, Analytics.
- Must have demonstrated success in Practice/Product management.
- Knowledge of Data Management, Data Governance, Service Catalogue, Data Lineage tools, Operational Dashboards, Process Monitoring tools.
- Working knowledge in Azure cloud platforms and Snowflake.
- Knowledge about internal and external integrations, triage issues and implement/recommend solutions to data problems and anomalies.
Education & Preferred Qualifications:
- University degree in the field of computer science, data management or other financial services technical field.
- CFA qualifications required.
- 15+ years in risk/analytics/performance - data management, product and market data roles and responsibilities.
- Demonstrated success in supporting fund/risk/performance management functions across equity, fixed income and alternate asset classes for large scale asset managers.
Salary Range: $170,000 - $267,500 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.
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.
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.
Discover more information on jobs at StateStreet.com/careers.
Head of RPA - Alpha Data Services, MD in London employer: State Street Bank
At State Street, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our comprehensive benefits package, including a robust retirement plan and flexible work-life support, ensures that our employees are well taken care of while they contribute to meaningful projects in the financial services sector. With a strong commitment to professional development and inclusivity, we empower our team members to thrive and make a significant impact in their roles.
StudySmarter Expert Advice🤫
We think this is how you could land Head of RPA - Alpha Data Services, MD in London
✨Tap into Campus Networks
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We think you need these skills to ace Head of RPA - Alpha Data Services, MD in London
Some tips for your application 🫡
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✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with State Street Bank.
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