Alpha Conversion Lead, Vice President

3 weeks ago

London, United Kingdom State Street Full time

Duties and responsibilities :

Individual will lead the EMEA Alpha Conversion team.

The EMEA Alpha Conversion team manages & runs the critical migration, conversion & cutover activities necessary to bring new clients on to the State Street Alpha platform. The Alpha Conversion team works with clients to facilitate data extraction & migration process, organizing and supporting conversion events (dry run, dress rehearsal, go live) and ensuring a smooth transition to BAU working across the different business units. The individual will lead the EMEA team and be expected to coordinate the activities of those supporting conversions which would be multiple teams and located in different time zones.

Specific duties include:

  • Works with the Conversion Managers to coordinate and drive the deliverables of conversion planning and testing in order to meet the milestones;
  • Drives strategic improvements to State Streets conversion capacities. Champions the use of new processes & technologies to radically move the capability forward to meet greater challenges and meet the challenge of optimisation, scalability and robustness of the conversion processes.
  • Drives the data conversion development lifecycle and methodology including requirements analysis, solution design, client acceptance, timeline creation, implementation, unit testing, deployment tools, and maintenance;
  • Leads issue resolution and gap closure in terms of data provided or discrepancies in data between legacy presentation and the future state model based on the feedback provided;
  • Oversees all conversion events which includes some weekend activity and off hours;
  • Serves as escalation contact for all conversation related activities with client and internal business units;
  • Serves as a subject matter expert speaking to details as required while managing multiple processes;
  • Weekend work required;
  • Lead a global conversion team responsible for executing on implementation activities;
  • Occasional travel required for client or global team onsite visits.

Education and experience requirement(s) :

  • Bachelor’s Degree in Finance, Accounting, Business Administration/Management or related field; plus
  • 7-10 years of relevant financial industry experience.

Alternate education and experience requirement(s) (if applicable) :

  • Master’s Degree in Finance, Accounting, Business Administration/Management or related field; plus
  • 3 years of relevant pre- or post-Master’s financial industry experience.

Special skills, knowledge, or certification and/or licensure required for position :

  • Proven experience in Migration, Cutover/Conversion discipline as part of large scale transformation projects – ideally within a context of migrating from Clients legacy architecture on to a vendor or service providers systems.
  • Demonstrated capability in the utilisation of leading technologies in the field of data mapping & migration for ultra-large scale transformations.
  • Demonstrated capacity in challenging & optimising cutover approaches & runbooks and management thereof for the benefit of High Value transformation projects.
  • Demonstrated high Level knowledge or experience in Capital markets including Middle Office, Securities, Bank Loans, IBOR / ABOR, Transaction Mgmt or system knowledge of CRIMS, Eagle, Eagle Star, PAM, Portia, WSO.
  • Demonstrated excellent Communication Skills with ability to effectively run meetings and collaborate across teams and functions;
  • Demonstrated intermediate to high level of skill in team management.
  • Proven ability to work in a high paced environment, be flexible, follow tight deadlines, organize, and prioritize work.
  • Working knowledge of data quality measures across referential, completeness, tolerance, index and business driven data qualitative and quantitative measures.
  • Solid ability to proactively identify potential issues and drive resolution;
  • Experience owning initiatives / projects related to Front, Middle & Back Office Client Onboarding;
  • Proven intermediate Microsoft Word, Excel, Visio, PowerPoint, SharePoint and Access skills, as well as Microsoft Project, JIRA or other project management software experience;
  • Solid understanding of Data Warehouses and Databases including SQL.

Additional requirements : This is a leadership position and will be expected to bring the regional and global teams together to collaborate across current and future deals.

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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

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