At a Glance
- Tasks: Lead client onboarding and support for innovative transaction management solutions.
- Company: Join State Street, a global leader in financial services with an inclusive culture.
- Benefits: Flexible work-life balance, paid volunteer days, and vibrant employee networks.
- Other info: Opportunities for career growth and development in a dynamic environment.
- Why this job: Make a real impact in the financial services industry from day one.
- Qualifications: 5-8 years in Middle Office, strong analytical and project management skills required.
The predicted salary is between 60000 - 80000 £ per year.
This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
State Street's Alpha Transaction 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 Alpha Client (ETN) Blotter Implementation role, the incumbent is responsible for client onboarding onto the State Street test and Production environments, and performs a myriad of duties to facilitate and support Alpha onboarding projects. These duties include obtaining an inventory of all client legacy blotters, reviewing and understanding business requirements for each blotter and working with a team of analysts/developers to translate business requirements to technical requirements in the form of a State Street specification document for client approval. All jointly agreed business and technical requirements should align with operating models that have been agreed in the Transaction Management space, ensuring all data and functionality is in line with the agreed Operating Model. The role also requires the incumbent to have general, but not SME, knowledge for all Transaction Management services like trade validation, trade confirmation and trade settlement. This knowledge is required for trade data analysis and enrichment throughout the trade lifecycle within GTM, the standard State Street Global Trade Monitor.
This person must possess skill in complex business data analysis with expertise in functional requirements gathering and documentation; excellent verbal, written, and presentation skills; a proven ability to liaise between business/implementation, project, client and technology teams; and strong collaboration skills.
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.
As an Alpha Client (ETN) Blotter Implementation Lead, you will be responsible for:
- Working with PMO and project manager resources to create a project plan for (ETN) blotter implementation that is integrated within the larger Transaction Management plan.
- Hosting joint sessions with client counterparts to define an inventory of in-scope blotters and finalising business requirements for each blotter.
- Management of a team of analysts to internally transcribe client business requirements to internal technical requirements in the form of specification documents.
- Assisting analysts with complex data analysis, solution design, troubleshooting design flaws, and gaps with legacy models.
- Owning and driving forward workstream delivery from analysis to development to testing and conversion to live.
- Presenting progress updates as the face of the workstream on internal and joint workstream calls.
- Working with project management to ensure all internal and joint tracking updates are current week over week.
Secondarily, (ETN) Blotter leads will manage delivery of post-implementation, client initiated BAU change and general BAU support. Responsibilities include:
- Oversight for a team of offshore analysts as they work to define requirements with the client via the Change Management process.
- Assisting off-shore analysts with complex data analysis, solution design, troubleshooting design flaws, and gaps with legacy models.
- Support of BAU stakeholders for recipient driven production issues and/or questions via the offshore team.
- Leads are encouraged to identify and drive process improvements that will deliver results while reducing cost and/or time to market for existing procedures.
These skills will help you succeed in this role:
- Strong knowledge of general business requirements for client blotter reporting.
- A working knowledge of Listed and Unlisted products and Transaction Management Middle Office services.
- Strong understanding and prior experience with industry Middle Office process and procedure.
- Experience with Transaction Management lifecycle operations and vendor applications is highly desirable and valuable.
- Strong communication, analytical, project management and problem-solving skills.
- Effective collaboration with middle office clients and third parties on blotter requirements is essential.
- Ability to work on multiple projects concurrently and prioritise work accordingly.
- A proven history of understanding and analysing complex client use cases, targeted data sets, and ability to analyse and create specifications based on client business requirements.
- Understanding upstream data inputs and their impact on client blotter requirements is critical.
- Strong analytical, reconcilement and organisational skills.
- Exceptional problem-solving and analytical skills, attention to detail and organisation - able to independently troubleshoot and gather supporting evidence.
Education & Preferred Qualifications:
- 5 - 8 years of industry experience with Middle Office functionality, analytics and applications.
- BS degree in Finance or similar related topics.
- Competency in MS Office including MS Excel, MS Word and MS 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 fairly limited.
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.
Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President employer: State Street
State Street is an exceptional employer that prioritises inclusivity and employee empowerment, making it a great place for professionals seeking to make a meaningful impact in the financial services industry. With a strong focus on employee development, flexible work-life balance, and vibrant networks, State Street fosters a collaborative work culture where every team member can thrive. Located in a dynamic environment, this role offers unique opportunities to engage with cutting-edge solutions while contributing to the success of institutional investors globally.
StudySmarter Expert Advice🤫
We think this is how you could land Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and transaction management space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to business systems and data analysis. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your skills effectively and leave a lasting impression.
✨Tip Number 3
Showcase your analytical skills during interviews by discussing specific projects where you’ve successfully gathered requirements or solved complex problems. Bring examples that highlight your ability to liaise between teams and drive results.
✨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 genuinely interested in joining our team at State Street. Let’s make your mark together!
We think you need these skills to ace Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Alpha Implementation Lead role. Highlight your experience with business systems and data analysis, as well as any relevant project management skills that align with what we're looking for.
Showcase Your Communication Skills:Since this role involves liaising between various teams, it's crucial to demonstrate your excellent verbal and written communication skills. Use clear and concise language in your application to reflect your ability to convey complex information effectively.
Highlight Relevant Experience:Don’t forget to mention your experience with Transaction Management services and any specific tools or platforms you've worked with. This will show us that you have the necessary background to hit the ground running in this role.
Apply Through Our Website:We encourage you to submit your application through our official website. This ensures that your application is reviewed promptly and gives you the best chance of standing out to our hiring team.
How to prepare for a job interview at State Street
✨Know Your Blotters
Before the interview, make sure you have a solid understanding of client blotter reporting and the specific requirements for each. Familiarise yourself with the types of products involved and how they fit into the Transaction Management lifecycle. This will help you demonstrate your expertise and show that you're ready to hit the ground running.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with complex data analysis and how you've tackled similar challenges in the past. Bring examples of how you've gathered functional requirements and translated them into technical specifications. This will highlight your problem-solving abilities and your capacity to bridge the gap between business and technology.
✨Communicate Effectively
Strong communication skills are key for this role. Practice articulating your thoughts clearly and concisely, especially when discussing technical concepts. Be ready to explain how you've collaborated with various teams in previous roles, as this will demonstrate your ability to work effectively in a team-oriented environment.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your ability to manage multiple projects and prioritise tasks. Think of specific instances where you've successfully navigated competing deadlines or resolved conflicts within a team. This will showcase your organisational skills and your ability to thrive under pressure.
