Who are we looking for?
An open-minded person who would like to contribute to expansion of Alpha footprint in Poland as a senior people manager. You need to have strong team leadership experience and well-developed skills to perform the role. Someone who values great work atmosphere, achieving goals and resolving problems as a group within one big global Alpha team. Someone who already has chosen finances as one's life's career path and wants to excellence his knowledge. Surrounding great professionals will help grow both in personal and professional development.
Your new team
The Middle Office team is responsible for overseeing all aspects of the trade confirmation, settlement, reconciliation investigation, IBOR integrity and ALERT maintenance processes for our EMEA aligned business. Products range includes Equities, Fixed Income, REPO, Clean Cash, NPV's, Novations, Spot & Forward FX transactions, and Unitised Funds. Middle Office Transaction Management cooperates with Asset managers, Traders, Brokers and other counterparties.
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Why Middle Office?
Middle Office business unit in State Street is the link between Front Office Traders and Backstage of financial market. We sit in the center where our role is to support clients' investments through confirmation and market settlement of the transactions made. It means we speak directly with "the street": Investment Managers, Banks, Brokers, Custodians and other parties from around the globe. We have under the bonnet knowledge of full lifespan on investment - from client-driven execution through settlement on the financial markets, SWIFT know how and expertise inclusive. Our main duties comprise of supporting FX, Cash, Equity, Fixed Income, Money Market trades, showing how financial world is built in practise and offering a front row seats to observe it's ever changing nature. Joining us means being part of real time investment operations, gaining unique perspective of financial markets. Middle Office suite of functions is diverse and so is our talent - you'll be partnering with people, who are really into this.
Your new role
As an Alpha Middle Office Senior Manager you will:
- Manage Alpha Middle Office teams: KPI setting, performance and staff development management, team budget management
- Assist Business Unit Head to execute overall business plan in assigned areas through taking ownership in implementations of global changes within functional area
- Create and maintain all critical business relationships, both internally and externally
- Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported
- Maintain Transaction Management unit operations performing middle office functions (trade confirmation) for multiple Asset Mangers across fixed income, equity, unit trusts, money market, FX and cash instruments.
- Act as senior escalation point and subject matter expert (claims and failed trade management, emerging market deals, free of payment/bespoke transactions)
- Represent Transaction Management on forums where senior presence is required
- Play key part in performance governance through KPI/KRI management, client relationship management (Service Level Agreements reviews)
- Identify opportunities for process improvement and process efficiency
- Display a culture of individual ownership and accountability in performing the role
- Prepare reports for audit and audit assistance
What we value
Experience and qualifications needed to succeed in the role
- 8-10 years of transaction management experience in a large financial services organization preferred - a detailed understanding of the procedural, technical and product requirements within middle office transaction management field
- Above 5 years of team management and team leadership experience
- Strong understanding of financial markets; familiarity with custodian cut offs for various financial products and settlement methodologies
- Industry utility experience preferred - Omgeo CTM, ALERT, GTSS, SWIFT
- Understand global markets tendencies and enforced regulations i.e. T2S, MIFIID 2
- Understanding of change management and Lean best practice theories, with practical experience is preferred
- Fluent English - strong verbal and written communication skills
Desired skills and competencies
- PC skills, including MS Office applications Word, Excel, Project and Visio
- Academic background, preferred degree in economics, finance, science or engineering
- Client service and solutions driven mind-set, including ability to work with third-party Senior management
- Good management, leadership and team working skills
- Ability to negotiate and influence effectively in group discussion
- Ability to deal with global operating parties in an efficient manner, considering cultural differences
We offer
- Permanent contract of employment from day one
- Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
- Gold medical package for employees and their families (partner and children)
- Premium life insurance package and private pension plan
- Employee savings plan
- Multisport Card
- Wide range of soft skills training, technical workshops, language classes and development programs
- Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
- Variety of well-being programs
- Technical or leadership career pathway
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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, 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 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
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