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Recon Conversion - Assistant Vice President

State Street -
Bengaluru, Karnataka

Apply Now

Job details

Full-time

Qualifications

Microsoft Powerpoint
Microsoft Word
Investment management
Microsoft Excel
Computer Science
Visio
Finance
Master's degree
Project management
Bachelor's degree
SharePoint
Project management software
Business Administration
Unit testing
Microsoft Project
MBA
Accounting
Communication skills
Information Technology

Full job description

Who we are looking for

We are seeking a seasoned leader with a proven track record in managing Data Conversion (IBOR) within large-scale, client-facing transformation programs. The AVP will play a pivotal role in the Alpha Global Conversion Practice, overseeing strategy, planning, execution, and governance of end-to-end platform IBOR Conversion during Alpha implementations. These programs span complex business models and data flows across front, middle, and back office operations involving State Street, Charles River Development, clients, and industry partners.

Why this role is important to us

Alpha is the industry’s first global interoperable platform that unifies front, middle, and back office functions under one provider. Thorough Conversion of Alpha’s applications, data, and workflows is essential to accelerate implementation timelines, ensure consistent delivery, and provide a seamless client experience. The AVP will be instrumental in driving this transformation and ensuring high-quality outcomes.

Specifically, the candidate will:

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
Work on Conversion approach & strategic planning for DRH, Prod event, etc. for Sign off purpose from the client
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
Participate and look after the legal and audit requirements
Work with the automation team to ensure that all requirements are smoothly understood and changes once made are compared and tested
Work closely with vendors to mentor them, train them and be accountable for all the queries they have for smooth transition. Also manage vendor governance end to end.

The ideal candidate should have:

Overall 18+ Years of Industry Experience
Good knowledge and experience in Capital markets – Middle, Back Office and front office is key
15+ 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 30+ 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

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Apply Now

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