Alternative Investments Business Transformation Business Analyst, Assistant Vice President

State Street • Clifton, NJ

32d • $80,000 - $132,500

About The Position

Assistant Vice President level independent contributor needed for the Alternative Investments Transformation team. This role will work closely with Alternative Investments technology, various internal and external stakeholders in a varied and challenging role. A good candidate is able to familiarize themselves with existing solutions quickly and design meaningful solutions for our internal operations team as well as the client. Additionally, candidates must be well-organized and able to deliver projects in a timely manner. Candidates must demonstrate strong initiative, be able to perform well under pressure and be capable of working on multiple, diverse assignments. The candidate will also be expected to learn and interpret user requirements and collaborate closely with internal developers to deliver effective solutions.

Requirements

• Strong Fund Accounting skills with in-depth understanding of all stages of the fund life cycle, covering areas such as: capital stock, trades, FXs, income, expenses, valuation, gain loss, and NAV calculation.
• Advanced PC Skills – Microsoft products (Word, Excel, PowerPoint, etc.)
• Excellent communication skills
• Creative problem-solving skills and analysis skills to help build solutions for the investment teams.
• Outstanding influencing skills to unify and collaborate with varied teams
• Initiative, self-motivation and the ability to work independently
• Strong relationship-building skills
• Sense of urgency when performing tasks and projects; ability to respond to shifting priorities
• Effectively communicate progress and escalations
• Be a team player yet display a culture of individual ownership of tasks.
• Bachelor’s degree in a relevant field of study.
• 5+ years of experience working in back office investment operations or a technology related role.

Nice To Haves

• Preferred experience in Alternative Investments.
• Proficiency in Fund Accounting systems.
• Preferred experience with Jira and Confluence.

Responsibilities

• Identify, develop and deploy process improvements leading to efficiency gains and/or operational risk reduction.
• Learn, create, manage and interpret end-user requirements and work to meet those needs by collaborating with internal developers and cross-functional teams, ensuring successful implementation.
• Resolve and escalate project and operational issues in a timely fashion.
• Interpret project needs and work to meet those needs.
• Provide business requirements and analysis to internal and external clients on current and future state operating models.
• Lead meetings/workshops to explain and walk through business requirements.
• Understand, follow and demonstrate compliance with all relevant internal policies and procedures, as well as provide input to further development of best practices.

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: Mid Level
• Number of Employees: 5,001-10,000 employees