At a Glance
- Tasks: Lead client implementations for Trade Life Cycle Management, ensuring smooth operations and project management.
- Company: State Street is a global leader in financial services, safeguarding investments for millions.
- Benefits: Enjoy competitive medical care, flexible work options, and extensive development programmes.
- Why this job: Join a diverse team making an impact in finance while growing your career in a supportive environment.
- Qualifications: 8-12 years in finance with a degree in Finance, Economics, or Engineering; Agile and MS Office skills required.
- Other info: Potential travel for projects; inclusive culture welcoming diverse backgrounds.
The predicted salary is between 72000 - 108000 £ per year.
Overview: The body of work that focuses on End to End Client Implementation of Trade Life Cycle Management for Front and Middle Office implementations. This role brings together the best practices of implementations through the usage of standard practices and established artifacts and partnering with the Operational Governance framework.
What you will be responsible for:
- Clearly understanding the operating model of a client implementation for TLM.
- Understanding and documenting the scope of Products and Workflows using the standard artifacts such as CSRs and FSOMs.
- Managing client business requirements, gaps, open discussion items via a standard Implementation ARIAD log/JIRA.
- Defining and driving the maintenance of the client specific project plan based on the standard generic project plan artifact.
- Defining requirements to partnering teams within Alpha Transaction Management such as TIER and CDIS for Products and Workflows.
- Being the central point of contact for all TLM workstream related matters and pulling in others for solutions, designs, providing expertise on specific functions of business operations and architecture, during Implementation and Warranty period, as needed.
- Working with CRIMS Professional Services partners in ensuring all Products and Workflows align to successfully execute and process trades and lifecycle events in Front and Middle Office.
- Being a stakeholder in signing off on TIER, CDIS, Testing and Operational Governance functions supporting the Implementation.
- Ensuring all aspects of Analysis, Development/Configuration, Testing (B/CUAT plus any other testing effort as defined within the program scope), Conversion (environment readiness) sections of the project plan are in a complete status prior to go live.
- Managing the overall progression of the workstream and highlighting risks and achievements timely on health check slides.
What we value:
- A strong working knowledge of Listed and Unlisted products and Transaction Management middle office services.
- Strong communication, analytical, and problem solving skills.
- Ability to work on multiple projects concurrently and prioritise work accordingly.
- A proven history of understanding and analysing complex client use cases.
- Strong analytical, reconcilement and organisational skills.
Education & Preferred Qualifications:
- 8 – 12 years of industry experience with front, middle and back office functionality, analytics and applications.
- BS degree in Finance, Economics or Engineering required.
- Competency in Agile Methodology and tools.
- Competency in MS Office including MS Visio, MS Project and PowerPoint.
- Electronic trading platforms including Chares River experience is a plus.
Additional requirements:
- Potential to travel to alternate sites for specific projects.
About State Street:
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.
Alpha Transaction Lifecycle Management Implementation Lead, Vice President employer: State Street Corporation
Contact Detail:
State Street Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Alpha Transaction Lifecycle Management Implementation Lead, Vice President
✨Tip Number 1
Familiarise yourself with the specific tools and methodologies mentioned in the job description, such as Agile Methodology and JIRA. Being able to demonstrate your proficiency in these areas during discussions can set you apart from other candidates.
✨Tip Number 2
Network with professionals who are currently working in Transaction Lifecycle Management or similar roles. Engaging with them on platforms like LinkedIn can provide you with insights into the role and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with both Listed and Unlisted products, as well as your understanding of middle office services. Be ready to share specific examples of how you've successfully managed complex client use cases in the past.
✨Tip Number 4
Showcase your analytical and problem-solving skills by preparing case studies or scenarios that highlight your ability to manage multiple projects and prioritise effectively. This will demonstrate your capability to handle the responsibilities outlined in the job description.
We think you need these skills to ace Alpha Transaction Lifecycle Management Implementation Lead, Vice President
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Alpha Transaction Lifecycle Management Implementation Lead position. Tailor your application to highlight relevant experience in trade lifecycle management and client implementation.
Highlight Relevant Experience: In your CV and cover letter, emphasise your 8-12 years of industry experience, particularly in front, middle, and back office functionalities. Provide specific examples of projects where you've successfully managed client business requirements and implemented solutions.
Showcase Analytical Skills: Given the importance of analytical skills in this role, include examples that demonstrate your problem-solving abilities and experience with complex client use cases. Mention any tools or methodologies you are proficient in, such as Agile or MS Office applications.
Tailor Your Cover Letter: Craft a compelling cover letter that connects your background to the values and goals of State Street. Discuss how your diverse experiences can contribute to their inclusive environment and how you align with their commitment to community engagement.
How to prepare for a job interview at State Street Corporation
✨Understand the Client's Operating Model
Before the interview, make sure you have a solid grasp of how the client’s operating model works. Familiarise yourself with the specifics of Trade Lifecycle Management and be ready to discuss how your experience aligns with their needs.
✨Showcase Your Analytical Skills
Prepare examples that demonstrate your strong analytical and problem-solving skills. Be ready to discuss complex client use cases you've handled in the past and how you approached them.
✨Familiarise Yourself with Agile Methodology
Since competency in Agile methodology is preferred, brush up on Agile principles and be prepared to discuss how you've applied them in previous projects. This will show your adaptability and understanding of modern project management.
✨Highlight Your Communication Skills
Effective communication is key for this role. Prepare to discuss how you've successfully managed stakeholder expectations and facilitated discussions in past implementations. Use specific examples to illustrate your points.