At a Glance
- Tasks: Lead client onboarding and support for innovative transaction management solutions.
- Company: Join State Street, a global leader in financial services.
- Benefits: Flexible work-life balance, paid volunteer days, and inclusive development opportunities.
- Other info: Collaborative environment with opportunities for career growth and process improvement.
- Why this job: Make an impact in the financial industry from day one with cutting-edge solutions.
- Qualifications: 5-8 years in Middle Office, strong analytical and project management skills required.
The predicted salary is between 60000 - 80000 £ per year.
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.
As an Alpha Client (ETN) Blotter Implementation Lead, you will:
- Work with PMO and project manager resources to create a project plan for (ETN) blotter implementation that is integrated within the larger Transaction Management plan.
- Host joint sessions with client counterparts to define an inventory of in-scope blotters and finalize business requirements for each blotter.
- Manage a team of analysts to internally transcribe client business requirements to 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.
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.
- Assist 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.
Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President in London employer: State Street
State Street is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture where innovation thrives. With a commitment to inclusivity and flexibility, employees benefit from comprehensive support systems, paid volunteer days, and vibrant networks that foster connection and collaboration. Join us in a role that not only challenges you but also allows you to make a significant impact in the financial services industry from day one.
StudySmarter Expert Advice🤫
We think this is how you could land Alpha Implementation Lead – (ETN) Blotter, Assistant Vice President in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that Alpha Implementation Lead role.
✨Tip Number 2
Prepare for interviews by practising common questions related to transaction management and data analysis. Make sure you can articulate your experience with blotter reporting and how it aligns with the job requirements. Confidence is key!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Be ready to discuss specific examples where you’ve tackled complex data issues or improved processes. This will demonstrate your analytical prowess and fit for the role.
✨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.
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 Client (ETN) Blotter Implementation 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 Skills:We’re looking for someone with strong analytical abilities, so make sure to include specific instances where you’ve tackled complex data analysis or problem-solving. This will help us see how you can contribute to our team right from the start!
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 shows you’re keen on joining our team at State Street!
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
Be prepared 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 liaise between different teams.
✨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 present updates or findings as if you were in a real workstream call, showcasing your ability to engage with both clients and internal teams.
✨Demonstrate Project Management Prowess
Since you'll be managing multiple projects, it's crucial to show your organisational skills. Prepare to discuss how you've prioritised tasks in previous roles and how you ensure that all stakeholders are kept in the loop. Highlight any tools or methodologies you've used to keep projects on track and deliver results efficiently.
