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State Street

India Transformation - Senior Manager

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Job Description

Who Are We Looking For

A Self driven individual and a seasoned senior manager with strong knowledge of transformation and transition methodology as well as expertise in managing and leading high visibility programs under business management for BFSI domain/business lines.

State Street Global Markets Operations is going through significant transformation and evolving their operating model opening up opportunities to reimagine the way we operate and support our businesses. This role will play a key part in facilitating the smooth transformation, transition and stabilization of functions as we look to rebalance and increase the scope of India coverage.

Why is this role important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM's number one goal is to enhance and preserve our clients portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for : Senior Manager, you will :

  • Drive the design and implementation of new operating models across regions and businesses supported from India.
  • Develop and implement relevant operating model changes in order to pivot the Operations organization towards digitization and enhanced client experience.
  • Design end-to-end operational processes to eliminate manual intervention and streamline the process creating efficiency and reducing cycle time.
  • Require deep transformation and transition management experience as well as program planning and business management experience.
  • Be responsible for the management of significant high visibility and large transformation and transition initiatives partnering with multi-disciplinary teams and demonstrate a broad knowledge of the firm and its key functions.
  • Own all aspects of transformation and transition reporting across various stakeholder groups and maintain control of all related data, create management reporting for consumption across levels and for driving the transformation and transitions program forward.
  • Transform data into analytical insights resulting in impactful actions and outcomes as well as identify, communicate and resolve thematic issues.
  • Identify delays, fix accountabilities and proactively communicate with all stakeholders to drive the execution plan. This will require you to deep dive where needed, perform detailed analysis, out of the box thinking and be solution oriented.
  • Provide a strategic consulting view around transformation and transitions in an effort to ensure all decisions are in line with the business strategy.
  • Collaborate with a wide range of senior stakeholders to improve the pace of delivery and quality of execution by increasing efficiency through digitization and adoption of transformative technologies.
  • Develop and demonstrate an understanding of Global Markets Operations functions and State Street systems and processes
  • Report status on assigned program/ project workstream as per defined frequency to ensure alignment of goals and activities across work streams and initiatives
  • Research, create, and compile materials needed for effective discussion and planning, support and maintain tools and templates used in the reporting function.
  • Manage logistics of initiative (e.g. meeting and schedule coordination, documentation including agendas, minutes, dashboards and executive reporting maintenance).
  • Collaborate with departments to ensure completion of all required transformation and transition documentation, check lists, training, reporting and go-live management
  • Ensure the global transformation and transition framework is followed with strict tollgate adherence

What We Value


These skills will help you succeed in this role

  • Strong communication, interpersonal, organizational, and time management skills
  • Strong risk mitigation, problem solving, and decision making skills
  • Ability to think critically and resolve complex problems.
  • Experience working under tight deadlines with multiple deliverables
  • Strong project/process management, and organizational skills
  • Strong skill set across Excel, PowerPoint
  • Knowledge on Digital tools like Alteryx, Tableau , UiPath is added advantage
  • Stay current with emerging trends to support business growth and transformation

Education & Preferred Qualifications


University degree in Business majoring in Accounting, Finance, or other Financial-related programs Overall experience of 10 years in Capital markets, Custody Banking, or related work. A minimum of 5 years of transition experience preferably in BFSI domain

bout 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs 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

Job ID: R-757121

More Info

Industry:Other

Function:BFSI

Job Type:Permanent Job

Date Posted: 20/10/2024

Job ID: 97248315

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