At a Glance
- Tasks: Lead client onboarding and manage implementation projects for Alpha Transaction Management.
- Company: Join State Street, a leader in financial services with a focus on innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Opportunity to work on multiple projects and collaborate with global teams.
- Why this job: Make an impact in the finance industry while developing your skills in a dynamic team.
- Qualifications: 5-8 years in Middle Office, strong analytical and communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
State Street's Alpha Transaction Management team seeks a versatile individual with strong business systems and data analysis skills to develop and support services and product offerings focused on Transaction Management. In the Alpha Client (ETN) Blotter Implementation role, the incumbent will be responsible for client onboarding onto State Street test and production environments and facilitate Alpha onboarding projects. Duties include obtaining an inventory of client legacy blotters, reviewing and understanding business requirements, and translating those into technical specifications for client approval. The role requires general knowledge of Trade Validation, Confirmation, and Settlement, and will support trade data analysis and enrichment throughout the trade lifecycle with GTM.
The candidate must possess expertise in complex business data analysis, functional requirements gathering, documentation, and excellent verbal, written, and presentation skills. A proven ability to liaise between business, implementation, project, client, and technology teams and strong collaboration skills are essential.
Responsibilities- Work with PMO and project manager resources to create a project plan for (ETN) blotter implementation within the larger Transaction Management plan.
- Host joint sessions with client counterparts to define an inventory of in-scope blotters and finalize business requirements.
- Manage a team of analysts to transcribe client business requirements into internal technical requirements in the form of specification documents.
- Assist analysts with complex data analysis, solution design, troubleshooting design flaws, and gaps with legacy models.
- Own and drive forward workstream delivery from analysis to development to testing and conversion to live.
- Present progress updates as the face of the workstream on internal and joint workstream calls.
- Work with project management to ensure all internal and joint tracking updates are current week over week.
- Manage delivery of post‐implementation, client‐initiated BAU change and general BAU support.
- Provide oversight for a team of offshore analysts as they define requirements with the client via the Change Management process.
- Support BAU stakeholders for recipient‐driven production issues and/or questions via the offshore team.
- Identify and drive process improvements to deliver results while reducing cost and/or time to market for existing procedures.
- Strong knowledge of general business requirements for client blotter reporting.
- Working knowledge of Listed and Unlisted products and Transaction Management Middle Office services.
- Strong understanding and prior experience with industry Middle Office processes and procedures.
- Experience with Transaction Management lifecycle operations and vendor applications (highly desirable).
- Strong communication, analytical, project management, and problem‐solving skills.
- Effective collaboration with middle office clients and third parties on blotter requirements.
- Ability to work on multiple projects concurrently and prioritise accordingly.
- Proven history of understanding and analyzing complex client use cases, targeted data sets, and creating specifications based on client business requirements.
- Understanding of upstream data inputs and their impact on client blotter requirements.
- Strong analytical, reconciling and organisational skills.
- Exceptional problem‐solving and analytical skills, attention to detail, and ability to troubleshoot independently.
- 5 – 8 years of industry experience with Middle Office functionality, analytics and applications.
- BS degree in Finance or a related topic.
- Competency in MS Office including Excel, Word and Access.
- Knowledge of Electronic trading platforms including Chares River, BBG, Thinkfolio and other TOMS.
- Potential to travel to alternate sites for specific projects may be required, but is fairly limited.
Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President in London employer: State Street Corporation
State Street is an exceptional employer that fosters a collaborative and innovative work culture, particularly within the Alpha Transaction Management team. Employees benefit from comprehensive training and development opportunities, enabling them to grow their skills in a dynamic environment focused on transaction management solutions. Located in a vibrant area, State Street offers a supportive atmosphere where diverse talents come together to drive meaningful change in the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President in London
✨Tip Number 1
Get to know the company inside out! Research State Street's Alpha Transaction Management team and understand their services. This will help you tailor your conversations and show that you're genuinely interested in the role.
✨Tip Number 2
Network like a pro! Reach out to current or former employees on LinkedIn. Ask them about their experiences and any tips they might have for the interview process. It’s all about making connections!
✨Tip Number 3
Prepare for those tricky questions! Think about how your past experiences relate to the responsibilities of the Alpha Implementation Lead role. Practice articulating your thoughts clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at State Street.
We think you need these skills to ace Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with business systems and data analysis. We want to see how your skills align with the Alpha Implementation Lead role, so don’t hold back on showcasing relevant projects!
Showcase Your Communication Skills:Since this role involves liaising between various teams, it’s crucial to demonstrate your verbal and written communication prowess. Use clear examples in your application that illustrate how you’ve effectively communicated complex ideas in the past.
Highlight Your Analytical Expertise:We’re looking for someone with a strong analytical background, so make sure to include specific instances where you’ve tackled complex data analysis or problem-solving. This will help us see your capability in managing trade data throughout the lifecycle.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter.
How to prepare for a job interview at State Street Corporation
✨Know Your Blotters
Before the interview, make sure you have a solid understanding of client blotter reporting and the specific requirements for the role. Brush up on your knowledge of listed and unlisted products, as well as transaction management processes. This will help you speak confidently about how your experience aligns with the job.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with complex data analysis and how you've tackled similar challenges in the past. Think of specific examples where you've gathered functional requirements or created technical specifications. This will demonstrate your ability to bridge the gap between business needs and technical solutions.
✨Collaboration is Key
Highlight your collaboration skills by sharing examples of how you've worked with cross-functional teams. Discuss any joint sessions you've hosted or participated in, especially those that involved defining business requirements. This will show that you can effectively liaise between clients, project managers, and technology teams.
✨Prepare for Problem-Solving Questions
Expect questions that assess your problem-solving abilities, particularly in relation to trade validation and settlement issues. Prepare to discuss how you've identified process improvements in previous roles and how you approached troubleshooting design flaws. This will showcase your analytical mindset and attention to detail.
