Who we are looking for

Looking for a skilled and proven professional at the Assistant Vice President level to provide leadership, project management and oversight of Back Office Accounting, Custody and Insurance client conversion initiatives and deliverables.

The team you be joining is a part of State Street Global Delivery - Client Business Integration where we serve our clients with distinction and organizational excellence to deliver an exceptional client experience.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

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 Assistant Vice President you will

• Manage client conversion activity including new client onboardings, outgoing conversions, transition management (Asset Restructuring), mergers, interfund transfers and in-kind transfers

• Execute onboarding plan and associated activities supporting custody clients adhering to regulatory standards

• Support new client relationships and expansion of existing relationships

• Demonstrate comprehensive knowledge of overall process and our operating model

• Implement operational changes which streamline functions, and ensure an optimal service environment and technology utilization adhering to regulatory standards

• Communicate with clients and internal stakeholders to assess overall conversion status, identify and work collectively to ensure processing follows best practices

• Quantify, document and articulate identified processing methodology differences. Ensure client and internal teams understand the nature of such methodology changes

• Work closely with internal stakeholders including COE and other processing teams to ensure client procedures and deadlines are met

• Provide technical expertise to research and resolve discrepancies related to assets transfer and custody settlements.

• Ensure project management is updated, highlighting all potential risks with possible solutions in a timely manner

• Develop and foster a culture of collaboration within the team and across business lines

• Work in conjunction with individuals on the team as well as other Shared Service teams/COE’s, Client Operations and other business units to ensure seamless conversions and ad-hoc support requests

• Work collaboratively to ensure effective cross training across teams to support our goal of creating a global conversion team

What we value

These skills will help you succeed in this role

• Knowledge of Investment Manager Servicing, Transaction Management, Capital Markets, Back Office Accounting and Custody operations, Recon and Core State Street business offerings

• Background in complex fund structures and investment types

• Proven strong communication, interpersonal, decision-making and negotiation skills

• Organized with the ability to multi-task in a fast-paced environment

• Strong project management skills, analytical/problem solving skills, communication versatility, information technology acumen, teamwork and leadership, written and verbal skills

Education & Preferred Qualifications

• Minimum Bachelor's degree / Master’s degree preferred or equivalent with a focus in Accounting, Economics, Finance, Technical or related field preferred

• Minimum 7+ years financial services experience including project/program management experience

• Experience with MCH and eHorizon, with a focus on complex fund investment servicing.

• Strong skills in Microsoft Office and able to use advanced features of PowerPoint and Excel, SharePoint, project management and reporting

Additional requirements

• Candidate is expected to follow State Street corporate policies regarding return to office (RTO).

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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.

Discover more at StateStreet.com/careers

Salary Range:

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.