An opportunity exists for the position of Assistant Vice President within the OTC derivatives Operations team.
About the Role
This is a team management role and will require strong interpersonal skills. The right candidate represents a good opportunity to join a dynamic team working in the demanding and ever-changing derivatives market.
The OTC team delivers various services to their clients including but not limited to transaction management, end-to-end trade lifecycle support throughout the transaction process, trade capture, confirmation, notification, settlement, corporate action processing, credit event monitoring, reporting, documentation management, and exception management.
Why This Role Matters
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity, and real estate, SSGS' tools help our clients make better investment choices and act on growth opportunities.
Your Responsibilities
* Build strong relationships with internal and external clients
* Ensure the team is achieving accuracy and meeting pre-determined deadlines as set out in service level agreements
* Work with risk management & business control groups to identify and proactively resolve recurring client issues
* Accountability and responsibility for completing and delivering performance planning & reviews on time (PPRs)
* Providing coaching and development opportunities to staff
* Estimate personnel needs, assign work, oversee short-term deliverables, coordinate workflows
* Be the key point of contact for internal/external clients when urgent needs arise
You Will Thrive If
* You have strong management skills and at least 5 years of direct people management experience
* You have previous middle office or banking/fund administration operations experience
* You have knowledge of, or experience working with OTC derivative products
* You can drive high-quality outputs and ensure that organizational risks are managed through embedding effective controls
* You can leverage talent by actively committing to developing yourself and others
* You can manage execution by delivering flawless execution of work products through effective plans, clear priorities, and developed process management methods
* You have excellent analytical skills and attention to detail
* You are highly organized and able to work to tight deadlines
Company Overview
State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.
We strive to create a great work environment and offer competitive benefits packages, flexible work programs, and development opportunities to help you reach your full potential.
We value diversity, inclusion, and social responsibility and are committed to maintaining an environment where every employee feels valued and able to meet their full potential.