Alpha Model Office - POC Operational Support, Sr Associate-2 Alpha Model Office - POC Operational Support, Sr  …

State Street Corporation
in Hangzhou, Zhejiang Sheng, China
Permanent, Full time
Be the first to apply
State Street Corporation
in Hangzhou, Zhejiang Sheng, China
Permanent, Full time
Be the first to apply
State Street Corporation
Alpha Model Office - POC Operational Support, Sr Associate-2
State Street is seeking a skilled and proven Operations Analyst at the Senior Associate level. The Operations Analyst will be responsible for the daily support of the Front to Back (F2B) model office environment assisting with POCs, requirements documentation and testing.
Specifically, the candidate will:
  • Have industry knowledge essential in understanding Front Office Operations, Transaction Management, Recording Keeping, Corporate Actions, OTC derivatives, Performance & analytics, Reconciliation, Reporting, Cash Management, etc
  • Maintain the model office client environment to reflect daily activity
  • Assist various internal teams with scenario testing against the model office client including adding static data necessary to facilitate the scenario
  • Participate in the development lifecycle and methodology. This includes requirements analysis, solution design, client acceptance, timeline creation, implementation, unit testing, deployment tools, and maintenance
  • Analyze and document the business specifications for technical and functional changes, defining the required design approach within the business specification documents
  • Understand the current processes and tools used by State Street, and map new requirements to this tool
  • Collaborate with business leads and IT leads to define architectural requirements in order to finalize client POC platform requirements
  • Define and document current and future state operating models as required
  • Manages the identification of issues and gaps in data provided or discrepancies in data between legacy presentation and the future state model, and recommend corrective actions Define and document features and functions, within the business specifications, in support of requested changes
  • Design & Architect conversion simulation, Test parallel & Production parallel tests
  • Must have strong SQL knowledge, hands-on experience with database/data warehouse skills
  • Review inputs and outputs from the testing process, and communicate issues internally and externally as required
  • End-to End Business Process validation& test Management for POC Clients - Leading test strategy, Client Test Planning, Interfacing with External Clients senior managers & executives.
  • Balance of Technical /Business & Quality Assurance, excellent presentation skills.
  • Excellent analytical and interpersonal skills, verbal and written communication and presentation skills
  • Strong relationship management skills
  • Provide periodic and ad hoc status reporting to senior management and relevant PMOs

The ideal candidate should have:

  • Experience in the financial services industry or global consulting firm: preferably Middle Office business processing
  • Domain knowledge and be able to understand the various listed instrument types like Equities, Bonds, ETD and OTC Derivatives, Bank Loans, TBAs, etc.
  • Ability to work on multiple projects concurrently and prioritize work accordingly
  • Knowledge / Experience of Middle Office Recordkeeping and Transaction processing is essential
  • Knowledge / Experience of Front Office modeling and compliance engine support
  • Strong user of the Microsoft Office Suite of products including Microsoft Visio
  • Effective organizational, decision making, and communication skills
  • Software development life cycle experience is desirable
Company Overview

From technology and product innovation to corporate responsibility and community development, 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 - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.

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