Alpha Client Implementation Lead, State Street Alpha, Managing Director

State Street • Boston, MA

31d

About The Position

Who we are looking for A candidate who can collaborate across STT/CRD products and services, who represents the STT enterprise culture traits and behaviors in order to deliver the Alpha solution to our clients. The Manager of the Alpha Client Implementation Lead team in North America reports into the Head of North American Alpha Implementations. Why this role is important to us The team you will be leading is a part of a global, cross-divisional group supporting State Street AlphaSM. State Street AlphaSM redefines the common definition of ‘Alpha’ to mean powering better performance and outcomes at every point on the investment lifecycle and is the first open platform from a single provider that connects the front, middle and back office. It harmonizes data, technology and services across trusted providers to help our clients better manage their businesses. Join us if making your mark in an ever-changing, increasingly complex and competitive industry is a challenge you are up for. 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. 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.

Requirements

• Leadership and ability to bring together teams across different levels and disciplines within the organization
• Effective management of the CIL function in region including proper oversight of CIL resources on each program to deliver against required CIL responsibilities. Hire, train and grow a highly effective team of CILs
• Strong critical thinking, problem solving, decision making and relationship management skills
• Experience in managing large scale, multi-location projects, across multiple business lines and corporate functions
• Engage with regional implementation executives as part of the regional executive delivery team to deliver against STT commitments for client transformations
• The Enterprise Culture traits and behaviors – Choose to own it, Break through Silos, Deliver results through integrity, Do Better Every Day, Care for colleagues, clients and community
• Degree qualified with a financial or analytical discipline preferred, or relevant experience within the financial services industry
• Microsoft Office suite experience

Responsibilities

• Support the design of the program Milestone planning and sequencing of the phases for the programs in region.
• Oversee CIL resources with responsibility for driving the creation and management of all implementation plans
• Proactively monitor team progress building the initial plans and ensuring proper procedural signoff occurs.
• Serve as an escalation point to resolve issues and initiate appropriate corrective action with the relevant teams to get to a signed off plan
• Monitor team progress against their approved delivery plans.
• Make decisions and recommendations to the Client Implementation Executive and the Client PMO to manage and ensure the successful delivery of the program plans in region
• Monitor program costs supporting the CIE and engage where needed with the Program Oversight functions to make sure that programs are running to the agreed cost estimates.
• Escalate conditions that will cause costs to change to the CIE of the respective programs.
• Provide training for CIL team members on details of the Alpha platform so they can engage effectively with program team members to drive Non Standard Solution development against agreed upon timeframes.
• Ensure CILs are actively reviewing progress with Solution Managers and technical teams to make sure development dates are met.
• Act as an escalation point for issues raised by the CIL to program CIE as needed.
• Oversee CIL coordination with testing teams to make sure that developed solutions are testing ready with the required configurations, permissions and documentation.
• Oversee CIL participation driving the appropriate teams to capture business requirements and document Target Operating Models
• Manage CIL engagement with the Client Implementation Executive in managing risk to the program's successful outcome and change control processes
• Ensure the delivery of new capability or services for the program is on time and within budget, in accordance with each specific program plan and program governance arrangements for all programs in region
• Manage CILs to support their respective Client Implementation Executive and Client PMOs in managing both the dependencies, reporting and the interfaces, between the dependent initiatives as part of each program milestone plan
• Manage CILs to ensure they adequately report the progress of the program at regular intervals to the Client Implementation Executive, internal steering and the external steering committee with the support of the Client PMO
• Agree the contract structure and schedules based on the services with the Legal and product owners
• Work with Legal and the product owners to define the business owners and recommending input to Service schedules
• Define the Migration/Transition schedule, assumptions, phasing/sequencing, developments, timing and dependencies
• Understand and hold the business SMEs accountable for discussions with legal and the client on specific clauses and schedules

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees