State Street

Transition Portfolio Manager, Vice President

Riyadh Full time

Transition Portfolio Manager, Vice President

Who we are looking for

We are seeking candidates with 10+ years of experience to join our Transition Management (TM) team in Riyadh, Saudi Arabia.  In this role, you’ll work within State Street Investment Management’s global TM business, delivering transition and interim exposure management solutions to institutional investors worldwide. You’ll support and manage complex transitions across multiple asset classes, including equities, fixed income, FX, and exchange‑traded derivatives, serving clients domiciled in the Kingdom of Saudi Arabia while contributing to the firm’s broader global transition management platform, including interim exposure management and reporting and analytics.

This role can be performed in a hybrid model, requiring at least 4 days of work in the office.

Why this role is important to us

State Street Investment Management (SSIM) is a global asset manager partnering with some of the world’s most sophisticated investors. Backed by State Street’s scale and stability, SSIM offers employees the opportunity to work on complex, high‑impact investment solutions in a collaborative, forward‑looking environment—where expertise, partnership, and long‑term thinking truly matter

This role will enable local delivery of our industry-leading TM service to clients domiciled in the KSA, and enhance our global coverage model by adding TM analysts in the Middle East.  Expanding our global presence aligns with our continued commitment to providing the highest level of service to our clients.

What you will be responsible for

As a Transition Portfolio Manager, you will:

  • Utilize your in-depth understanding of the transition life cycle (pre-trade, implementation, and post-trade aspects) to lead portfolio restructures for KSA-domiciled clients including complex multi-manager, multi-asset class events.
  • Support KSA-domiciled clients and our global transition desk with pre- and post-trade analysis and execution reporting; planning and project management including communication across parties (clients, custodians, record-keepers, investment managers and consultants); portfolio management and order generation; collaboration with trading desk on trade strategy and instructions; and monitoring of daily middle office support functions (trade communications, reconciliations, corporate actions).
  • Cover trade reconciliation process between internal systems for accuracy and completeness as needed prior to sending to middle office and custodians to ensure timely settlement of trades.
  • Represent transition and interim exposure management products as a subject matter expert on multi-asset agency trading, exposure management, and hedging strategies.
  • Apply your expertise on benchmarking and measurement of transition and trade execution performance through Transaction Cost Analysis (TCA)
  • Support sales and business development initiatives and contribute to thought leadership on transition, exposure management and trading topics
  • Assess internal business operations (trading strategies, performance, technology, data management, marketing, research) and develop solutions to enhance product positioning
  • Lead and contribute to strategic projects in partnership with other groups / businesses within State Street as well as external vendors
  • Assist in evolving and industrializing our suite of trading, hedging and exposure analysis tools – including ongoing enhancement of pre- and post-trade analytics and interim exposure management platform – working with our Exposure Solutions team, reporting and analytics specialists, and external vendors

What we value

The following skills will help you succeed in this role:

  • Portfolio management, trading and/or operational experience, preferably across multiple asset classes
  • Familiarity with Charles River Development, Axioma, or other portfolio and order management systems / tools
  • Client-facing experience leading complex transitions or portfolio implementations; strong verbal, written and interpersonal communication skills
  • Technical proficiency, with experience using Bloomberg and other market-data sources for analytical purposes
  • Self-starter with ability to work and problem solve independently under tight deadlines in a fast-paced environment, all while maintaining a critical focus on details
  • Strong project management and organizational skills; pro-active in seeking out the next project to help the team

Education & Preferred Qualifications

  • Bachelor’s degree in engineering, mathematics, economics, finance or similar
  • 10+ years of experience in a portfolio management, trading, consulting, analytical or operational role
  • MBA, graduate degree in a quantitative discipline, or CFA designation preferred

Additional requirements

  • CMA registration required
  • Willingness to travel up to 10% of the time
  • Experience with TCA, AI, programming languages, modeling in Excel / VBA and Python, data visualization software, and database infrastructures a plus

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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