Who we are looking for:

State Street is seeking a skilled candidate to be part of the RKS Conversion project at the Senior Associate Level 360. The Senior Associate will work with the team responsible for data analysis and data conversion of new State Street Clients onto the State Street Middle Office platform.

Candidate Should Have:

• Overall 10 to 13 Years of Industry Experience
• 9+ years of relevant Financial Industry Experience required, preferably Investment Management, Asset Management
• Reasonable understanding of Securities, Loans, IBOR/ABOR, Transaction Management
• Good knowledge data analysis and data conversion of new Clients to an in-house Middle Office system
• Good Communication Skills with good external and internal client interfacing skills
• Ability to work in a high paced environment, be flexible, follow tight deadlines, organize and prioritize work
• Ability to analyze and resolve project-related issues and follow through with set objectives
• Experience working on projects related to Middle & Back Office Client On boarding
• Great Understanding of Securities, Loans, IBOR/ABOR, Transaction Management
• Fair understanding & experience on platforms like IBOR/ABOR, Eagle, Eagle Star, PAM, Portia, CRD
• Decent Communication Skills with good external and internal client interfacing skills
• Manage a team of 10-15 to meet onboarding goals
• Ability to work in a high paced environment, be flexible, follow tight deadlines, organize and prioritize work
• Ability to analyze and resolve project-related issues and follow through with set objectives
• Experience working on projects related to Middle & Back Office Client On boarding
• Intermediate to advanced Microsoft Word, Excel, Visio, PowerPoint, SharePoint and Access skills, as well as Microsoft Project or other project management software experience
• Bachelor’s Degree in Finance & Accounting, Computer Science, Information Technology
• Nice to have :MBA in Finance, Management, Business Administration from Premier B School

Why this role is important to us:

The team you will be joining will be responsible for data analysis and data conversion of new State Street Clients onto the State Street Middle Office platform. Having said that detailed knowledge on Derivative product is a must so as to understand the client requirements and business ask.

Domain knowledge along with reconciliation background will be a good to have as our end goal is to migrate the client data onto a new Middle office platform with proper reconciliation of various products, pricing, etc.

What you will be responsible for:

• Work on inputs and outputs from the conversion process, and communicate issues internally
• Understand the current processes and tools used by State Street, and map new requirements to this tool
• Resolve issues and gaps in terms of data provided or discrepancies in data between legacy presentation and the future state model basis the feedback provided
• Work on the deliverables of conversion planning and testing in order to meet the milestones
• Participate in the actual conversion tests (BUAT, CUAT), dress rehearsals and Prod Go Live.
• Liaise with clients to obtain additional information that may be necessary from time to time to deliver the conversion activities smoothly
• Ensures timely resolution of issues while keeping management informed of any potential risk
• Work with Business Leads to training, resolve questions, assess user needs and recommend changes
• Work on data analysis and data conversion of new Clients to an in-house Middle Office system
• Work on the data conversion development lifecycle and methodology. This includes requirements analysis, solution design, client acceptance, timeline creation, implementation, unit testing, deployment tools, and maintenance
• Understand the current processes and tools used by State Street, and map new requirements to this tool
• Ability to create data maps, to map the data flow from legacy systems to the in-house systems using existing functionality and processes
• Work on inputs and outputs from the conversion process, and communicate issues internally and externally as required
• Resolve issues and gaps in terms of data provided or discrepancies in data between legacy presentation and the future state model basis the feedback provided
• Work on the deliverables of conversion planning and testing in order to meet the milestones
• Participate in the actual conversion tests and dress rehearsals
• Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements. May have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams

These skills will help you succeed in this role:

• Good knowledge of U.S. Investment Companies Act of 1940 or UCITS
• Strong communication, interpersonal, organizational, and time management skills
• Ability to analyze investment guidelines and policies to determine testing requirements
• Excellent communication, organization, interpersonal planning, and analytical skills
• Deadline and detail oriented
• Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills
• Shit Timing : Based on the Project requirement (IST)
• Work Location : Bangalore / Hyderabad

Education & Preferred Qualifications:

• University degree in Business majoring in Finance, or other Financial-related programs
• Overall experience of 7+ years in Middle Office, Back Office, or related work.

Secondary Skills (Good to Have)

• Exposure to Charles River Development (CRD)
• Coding in Visual Basic Applications (VBA), Java, Macros.

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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