Recon Support Specialist - Senior Manager
State Street · Posted Sep 29
Investment servicing, custody, asset management, and trading solutions for institutional investors
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About the role
The Alpha Global Conversion Practice at State Street oversees strategy, planning, execution, and governance of end-to-end platform IBOR Conversion during Alpha implementations, spanning complex business models and data flows across front, middle, and back office operations involving State Street, Charles River Development, clients, and industry partners. Alpha is a global interoperable platform that unifies front, middle, and back office functions under one provider, and thorough conversion of its applications, data, and workflows is essential to accelerate implementation timelines. This role leads data analysis and data conversion of new clients to an in-house middle office system, covering requirements analysis, solution design, testing, deployment, and conversion planning and testing milestones while managing a team of 10-20.
What you will do
- 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
Skills used in this role
What the employer is looking for
- Overall 12 to 18 Years of Industry Experience
- Good knowledge and experience in Capital markets – Middle, Back Office & Front office is key
- 9+ years of relevant Financial Industry Experience required, preferably Investment Management, Asset Management
- Great Understanding of Securities, Loans, IBOR/ABOR, Transaction Management
- Fair understanding & experience on platforms like IBOR/ABOR, Eagle, Eagle Star, PAM, Portia, CRD
- Good Communication Skills with good external and internal client interfacing skills
- Manage a team of 10-20 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
Preferred qualifications
- MBA in Finance, Management, Business Administration from Premier B School
Benefits and support
- inclusive development opportunities
- flexible work-life support
- paid volunteer days
- employee networks
About State Street
State Street Corporation is a leading global financial services holding company providing institutional investors with investment servicing, investment management, and investment research and trading. Operating in more than 100 geographic markets worldwide, the company manages and administers trillions of dollars in assets through its core divisions like State Street Global Advisors and State Street Alpha. Headquartered in Boston, Massachusetts, it traces its origins back to 1792.
- Industry
- Financial Services
- Company size
- 51000+ employees
- Founded
- 1792-06-25
- Location
- Boston, Massachusetts, USA
- Funding stage
- Public Company
Leadership
Chairman and Chief Executive Officer
John Woods
Chief Financial Officer
Mostapha Tahiri
President of State Street Alpha & Chairman of Asia Pacific
Ann Fogarty
Enterprise Chief Operating Officer
President and Chief Executive Officer of State Street Investment Management
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