Job Description
Who we are looking for
At least 12+ years of relevant work experience in financial services, banking, insurance o Work experience in Hedge fund Reconciliation and with sound knowledge of end to end fund accounting for long only and alternatives. Analyzing business requirements and translating business requirements into actionable specifications. Strong project management skills and ability to track against agreed timelines. Ability to analyze and initiate new concepts and functionality in a changing environment and ability to obtain pertinent information by research and interaction with clients/users. Demonstrated skill in the implementation phase of large and complex projects. High comfort with creating and presenting information through PowerPoint and flowcharting
What you will be responsible for
Lead the day to day deliverables on Operations including meeting timelines, thresholds, SLAs, governance requirements etc.
Liaise with Operations Leads and Stakeholders across different teams on regular basis and meet structured deliverables deadlines.
Mentor Change Management including automation initiatives including transformation and robotics, and drive productivity milestones
Monitor operations health in terms of KPI, Risk Indicators and Process Metrics
Drive and/or support global and/or regional initiatives through adequate project management
Develop solutions to complex problems by employing timely, rigorous and logical analysis
Design and develop complex foundational frameworks for enterprise wide reporting systems
Identify and define the information, business and process requirements for technology development initiatives o Responsible for the successful implementation of application migrations
Have the vision to see the bigger picture and design for extensibility
Develop plans and carry out the implementation of new or modified system components, work processes and/or applications
Manage and direct Subject Matter Experts regarding conversion requirements and impacts of system changes to business processes
Develop rollout, transition and implementation plans and procedures.
Attend and participate in business review meetings, identify issues and facilitate resolution o Independently assess an issue and ensure relevant teams are addressing it
Design, develop and maintain standard documentation
Take prompt actions based on business needs wherever needed
Maintain a detailed understanding of controls including operational, information security, and business continuity controls
Perform regular reviews and / or reporting to effectively exercise oversight and governance of initiatives, and effectively liaise between onshore, offshore and Risk functions
Identify key risks and establish escalation mechanism to address them in a timely manner
Designs, maintain, and oversee a comprehensive system of controls to identify, mitigate, and address potential business and operations risks
Meet regularly with State Street Risk Managers, Compliance Officers, and Internal Auditors to ensure preparedness for any areas of concern, plan for upcoming reviews, and follow up on ongoing issues
Attend and participate in risk meetings, identify issues and facilitate resolution o Drive accountability / transparency
Oversee Business Continuity planning
Ensure timely and accurate creation and review of various MI & reporting.
Create analytical report and presentations as required, highlighting trends and identifying potential issues
People:
Lead the team to deliver quality in a timely manner
Attract, retain and develop a high performing and diverse team
Create an environment that motivates and supports people to achieve optimum performance
Showcase good leadership skills across all disciplines
These skills will help you succeed in this role
software o Excellent analytical skills
Good communication skills, both verbally and in written format
Good interpersonal skills and ability to interface with stakeholders from all disciplines, backgrounds and cultures (both regional and global) o Flexibility with time zones
Education & Preferred Qualifications
Bachelor / Masters in Accounting/MBA Finance
Additional Requirements
Ability to adhere to strict timelines
Good interpersonal and communication skills
Ability to work under tight timelines
Willing to work in any shifts.
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, ****** 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
State Street's Speak Up Line
At least 12+ years of relevant work experience in financial services, banking, insurance o Work experience in Hedge fund Reconciliation and with sound knowledge of end to end fund accounting for long only and alternatives. Analyzing business requirements and translating business requirements into actionable specifications. Strong project management skills and ability to track against agreed timelines. Ability to analyze and initiate new concepts and functionality in a changing environment and ability to obtain pertinent information by research and interaction with clients/users. Demonstrated skill in the implementation phase of large and complex projects. High comfort with creating and presenting information through PowerPoint and flowcharting
What you will be responsible for
Lead the day to day deliverables on Operations including meeting timelines, thresholds, SLAs, governance requirements etc.
Liaise with Operations Leads and Stakeholders across different teams on regular basis and meet structured deliverables deadlines.
Mentor Change Management including automation initiatives including transformation and robotics, and drive productivity milestones
Monitor operations health in terms of KPI, Risk Indicators and Process Metrics
Drive and/or support global and/or regional initiatives through adequate project management
Develop solutions to complex problems by employing timely, rigorous and logical analysis
Design and develop complex foundational frameworks for enterprise wide reporting systems
Identify and define the information, business and process requirements for technology development initiatives o Responsible for the successful implementation of application migrations
Have the vision to see the bigger picture and design for extensibility
Develop plans and carry out the implementation of new or modified system components, work processes and/or applications
Manage and direct Subject Matter Experts regarding conversion requirements and impacts of system changes to business processes
Develop rollout, transition and implementation plans and procedures.
Attend and participate in business review meetings, identify issues and facilitate resolution o Independently assess an issue and ensure relevant teams are addressing it
Design, develop and maintain standard documentation
Take prompt actions based on business needs wherever needed
Maintain a detailed understanding of controls including operational, information security, and business continuity controls
Perform regular reviews and / or reporting to effectively exercise oversight and governance of initiatives, and effectively liaise between onshore, offshore and Risk functions
Identify key risks and establish escalation mechanism to address them in a timely manner
Designs, maintain, and oversee a comprehensive system of controls to identify, mitigate, and address potential business and operations risks
Meet regularly with State Street Risk Managers, Compliance Officers, and Internal Auditors to ensure preparedness for any areas of concern, plan for upcoming reviews, and follow up on ongoing issues
Attend and participate in risk meetings, identify issues and facilitate resolution o Drive accountability / transparency
Oversee Business Continuity planning
Ensure timely and accurate creation and review of various MI & reporting.
Create analytical report and presentations as required, highlighting trends and identifying potential issues
People:
Lead the team to deliver quality in a timely manner
Attract, retain and develop a high performing and diverse team
Create an environment that motivates and supports people to achieve optimum performance
Showcase good leadership skills across all disciplines
These skills will help you succeed in this role
software o Excellent analytical skills
Good communication skills, both verbally and in written format
Good interpersonal skills and ability to interface with stakeholders from all disciplines, backgrounds and cultures (both regional and global) o Flexibility with time zones
Education & Preferred Qualifications
Bachelor / Masters in Accounting/MBA Finance
Additional Requirements
Ability to adhere to strict timelines
Good interpersonal and communication skills
Ability to work under tight timelines
Willing to work in any shifts.
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, ****** 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
State Street's Speak Up Line
💡 Quick Summary
Seeking a career-building opportunity? The Alternative Ops Reconciliations - Manager position is now open for candidates interested in the Bank Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
