State Street India | Middle Office - Transaction Management - AVP

Responsibilities

• In this role, you will work with State Street teams from around the globe to lead a team supporting multiple global premier investment management clients.
• You will have leadership and strategy responsibility to oversee and deliver all day-to-day transactional responsibilities of the transaction management team, with specific consideration given to Exchange Trader Derivatives, in a fast-paced, flexible and exciting environment.
• The role will need to initiate and develop good communication and interpersonal relationship with business operations teams and IT and to maintain the high level of service that is currently being provided to all the clients.
• This Transaction Management Assistant Vice President acts as a Primary contact point for all internal/external clients.
• The team is responsible for trade confirmation, trade process, trade settlement, and reporting of trade instructions from clients.
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• Oversee and provide day to day management of Transaction Management team in location for responsible client
• Drive transaction management and settlement discipline excellence though proactive management of the trade lifecycle
• Drive transformation initiatives, including automation and process improvements
• Ensure compliance with regulatory requirements and manage associated risks.
• Responsible for service delivery and client sentiment, including direct client contact
• Support a strong risk management and control environment
• Identify, recommend and drive process improvement initiatives
• Conduct high-level analysis in specific areas of expertise, identify and resolve work-processing issues, make suggestions to streamline operations and implement.
• Liaise with colleagues in region or divisions globally where required for client issue resolution
• Perform work independently within scope of established guidelines and according to specific procedures.
• Support and proactive manage on Client Change Request items impacting the Enterprise processes and Operating Models
• Communicate effectively on issues / problems to the Client and to SSC management and ensure a proper and timely follow-up to ensure resolution.

Education & preferred qualifications

• Experience” option. Remember to review all new entries in your profile and make sure resume information was parsed correctly.
• Proven experience in client communication and interaction at all levels.
• Product and Industry knowledge, particularly in Exchange Traded Derivatives, and preferable across.
• Understanding of key technology within the support of investment management operations.
• Experience of driving organizational change, with an understanding of change management principles, techniques & tools.
• Experience in leveraging technology solutions including low-code tools, SQL, Python or similar is advantageous.
• Strong MS Excel, Access, Word, PowerPoint skills necessary.
• Strong English written and spoken ability.
• Excellent analytical skills and ability to analyze on the spot
• Deep understanding of the Transaction Lifecycle as it relates to Exchange Traded Derivatives.
• Strong critical thinking, problem solving, and decision-making skills
• Strong communication and presentation skills to audiences of different sizes and levels of seniority
• Must be self-motivated, adaptable and show initiative in different circumstances and under pressure
• Good team working skills.

State Street

State Street Corporation is a US financial services company headquartered in Boston, Massachusetts, with roots that go back to 1792. It is one of the world's largest custody banks and asset servicers: pension funds, mutual funds, insurers and other institutional investors rely on it for custody, fund accounting and fund administration, middle-office and data services, while its investment management arm, known for the SPDR exchange-traded funds, manages money for institutions and individuals.

In India, State Street works mainly through State Street Corporate Services Mumbai Private Limited, with offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City. These teams serve State Street's global clients in fund accounting, NAV calculation, fund administration and financial reporting, reconciliations, transfer agency, regulatory reporting, risk and technology — work that suits B.Com, M.Com, CA, CMA, CFA and MBA (Finance) profiles.

• Industry: Financial services — custody, fund services and investment management
• Headquarters: Boston, Massachusetts, USA
• In India: Offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City (Gandhinagar)