Alpha Collateral Product Implementation Analyst, Assistant Vice President

Job Description

State Street Alpha brings together our clients’ requirement for real-time data and intelligence across the investment cycle to help them make better decisions and deliver growth for their clients. Alpha gives clients access to the complete investment cycle. We are the partner who can help them streamline and improve their day-to-day operations – freeing them to focus on innovation and growth.

The State Street Alpha Middle Office Product Implementations team is looking for a qualified analyst with strong experience in Collateral Management as well as implementation best practices, system flows and business architecture to execute client implementations of the industry’s first ever front-to-back client servicing platform.

The successful candidate must be highly organized and be able to move seamlessly between multiple implementations and manage detailed and complex subject matter in a way that drives successful client outcomes. This individual will be responsible for assisting with the due diligence, solution design, implementation/onboarding, and successful execution of Alpha Middle Office Implementations tied to the Collateral Management workstream. The role will include the following

What you will be responsible for:

• Develop relationships with key client contacts and ensure that the collateral workstream is successful
• Define project objectives, scope, and deliverables in collaboration with product owners, management and clients.
• Supports the Implementation Lead in managing client business requirements, gap identification/resolution, and associated action items
• Capable to take lead in driving designated issues with direction from the Implementation Lead.
• Utilizes standard artifacts and ensures the completion of necessary documentation to drive the successful completion of onboarding activities
• Ensures all Implementation owned Tollgates in JIRA or other implementation tools are progressed toward timely complementation under an Implementation Leads direction
• Works with State Street peers across other workstreams to ensure effective coordination and communication on complex multi-functional subject matter.
• Provide guidance to teams on technical analysis and advice to clients (internal and external) on current and future state data-centric operating models.
• Ensure that teams have knowledge of analysis best practices and document data mappings from source systems involved in the solution, where applicable.
• Drive improvements in the Project Plans with tightened governance of interdependent tasks within the Collateral workstream.
• Work with Product teams on Implementation requirements and ensure that they are on the Product roadmap for timely delivery.
• Ensure there is adherence to standards as best as possible and eliminate customizations by thorough review of client requirements with implementation leads.
• Assist with Service Definitions and pre-sales initiatives when called upon to do so.
• Display a culture of ownership and accountability. Drive cross pollination of intra service families and participate in inter service family cross pollination to promote the culture of ONE Alpha Middle Office Product Implementation team.

What we value:

These skills will help you succeed in this role

• Strong subject matter expertise across collateralized and margined products.
• Strategic thinker with strong business analysis and planning skills. Capable of identifying and interpreting wider-ranging issues: ‘Big picture’ understanding.
• Demonstrate understanding of Operations processes and procedures and an ability to effectively partner with cross functional services team.
• Excellent communication and interpersonal skills, written and oral; confident in interaction with clients and senior stakeholders.
• Experience with designing and scoping new solutions by analyzing requirements, studying system capabilities, and writing detailed business requirements. Very strong interest in the underlying detail of the analysis.
• Communicate complex analysis and insights to senior stakeholders and business leaders, both verbally and in writing

Salary Range:

$70,000 - $130,000 Annual

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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

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.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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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.