At a Glance
- Tasks: Lead the Transaction Lifecycle Management team, managing integration and data analysis for Alpha projects.
- Company: State Street is a global leader in financial services, helping clients manage investments for over 200 years.
- Benefits: Enjoy flexible work options, competitive medical care, and comprehensive development programs.
- Why this job: Make an impact in the financial industry while working with cutting-edge solutions and diverse teams.
- Qualifications: 8-12 years in finance with strong analytical skills; degree in Finance, Economics, or Engineering required.
- Other info: Opportunities for travel and community engagement through volunteer programs.
The predicted salary is between 72000 - 108000 £ per year.
Who we are looking for State Street\’s Transaction Lifecycle Management team is seeking a versatile individual with strong business systems and data analysis skills for development and support of services and product offerings focused on Transaction Management. In the Transaction Lifecycle Management Regional Lead role, the incumbent performs a myriad of duties to facilitate and support existing and future Alpha projects. These duties include the Managing of regional TLM Integration and Data Integration teams, understanding client requirements and operating models, understanding and management of client data, in respect of the trade flows and the afore mentioned operating models, ensuring all data and functionality is in line with the agreed Model. The role also requires the incumbent to be a SME for all Transaction Management processes, allowing them to fully understand the clients book of business, along with continually looking for transformation opportunities. The incumbent must have a strong background in Transaction Management and understanding Operating Models, Investment products and current market practices. The individual should have strong management skills and a proven track record for managing teams across multiple global locations and time zones. This person must possess skill in complex business data analysis with expertise in functional requirements, documentation and data mapping; excellent verbal, written, and presentation skills; a proven ability to liaise between business/implementation and technology teams; and strong collaboration skills. Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. In this role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 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 a Transaction Lifecycle Management Regional Lead you will be responsible for: Understanding the firm\’s strategic plans, business, process and architecture in order to influence design and develop solutions. Articulating business requirements for strategic product enhancements, in line with the overall Alpha F2B vision, and work with the broader team to achieve such innovations in support of Transaction Management. Building strong relationships with project stakeholders in TM Operations, Technology and the business units that focus on Transaction Management servicing, understanding competing priorities across these groups. Understanding Transaction Management standard data modeling, transaction processing, and product knowledge to facilitate architecture, design, and integration. Working directly with Transaction Management implementation leads to detail and understand trade flows for all in scope financial instruments in support of each Alpha client implementation. Assist in identifying any gaps in the transaction management process so they are fully tracked through to the delivery, testing and finally incorporation into the standard operating model. Supporting ongoing project management whenever needed: Onboarding plans, project timelines, issue logs, conversion approach, post-go-live efforts. Ensure processes are automated wherever possible and continue to look for new transformation opportunities to increase automation and reduce operational risk. Ensures all processes are fully documented from both a set up perspective and a market knowledge SME perspective. Works closely with other Middle Office workstreams to align the Transaction Management operating model aligns with other asset classes whenever possible. What we value These skills will help you succeed in this role 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 prioritize work accordingly A proven history of understanding and analyzing complex client use cases Strong analytical, reconcilement and organizational 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 What we do. 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, Regional Lead, Vice President - State Street Corporation 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, Regional Lead, Vice President - State Street Corporation
✨Tip Number 1
Familiarise yourself with the latest trends in Transaction Management and the specific operating models used by State Street. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with current or former employees of State Street, especially those in similar roles. They can provide valuable insights into the company culture and expectations, which can be a game-changer when preparing for your interview.
✨Tip Number 3
Brush up on your data analysis skills, particularly in relation to financial products and transaction processing. Being able to demonstrate your analytical capabilities with real-world examples will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience managing teams across different time zones. Highlighting your ability to lead diverse teams effectively will resonate well with the expectations of this role at State Street.
We think you need these skills to ace Alpha Transaction Lifecycle Management, Regional Lead, Vice President - State Street Corporation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Transaction Management and data analysis. Use specific examples that demonstrate your ability to manage teams and projects, as well as your understanding of operating models and investment products.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Clearly articulate how your skills and experiences align with the responsibilities outlined in the job description, particularly your expertise in managing complex client use cases and your analytical skills.
Showcase Your Communication Skills: Since strong communication is key for this role, ensure that your application materials are well-written and free of errors. Use clear and concise language to convey your ideas, and consider including examples of successful stakeholder engagement from your past roles.
Highlight Relevant Qualifications: Be sure to mention your educational background and any relevant certifications, especially if you have experience with Agile methodologies or electronic trading platforms. This will help demonstrate your fit for the position and your commitment to professional development.
How to prepare for a job interview at State Street Corporation
✨Understand the Role Thoroughly
Before the interview, make sure you have a deep understanding of the Transaction Lifecycle Management role and its responsibilities. Familiarise yourself with State Street's strategic plans and how this position fits into their overall vision.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with complex data analysis and how you've applied these skills in previous roles. Highlight specific examples where your analytical abilities led to successful outcomes in transaction management or similar areas.
✨Demonstrate Strong Communication Abilities
Since the role requires liaising between various teams, practice articulating your thoughts clearly and concisely. Prepare to discuss how you've effectively communicated business requirements and collaborated with stakeholders in past projects.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to manage multiple projects. Think of scenarios from your past experiences where you identified gaps in processes or implemented automation to improve efficiency, and be ready to share those stories.