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BOaT Project and Product Support - Manager
BOaT Project and Product Support - ManagerState Street Corporation • Hyderabad, India
BOaT Project and Product Support - Manager

BOaT Project and Product Support - Manager

State Street Corporation • Hyderabad, India
14 days ago
Job description

Who we are looking for :

Business Onboarding and Transitions Team's (BOaT) Officer (Manager) is responsible for the operational management of Fund Set up / Onboarding and Global Account Opening. The Officer represents State Street Corporation as a key connect with client relationship teams for strategic clients and serves as the primary escalation point for complex operational activities. Officer has direct managerial responsibility for a team of Fund Onboarding Specialists, along with oversight for risk mitigation and responsibility for both day to day and ongoing performance management of their team.

Why this role is important to us :

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.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for :

  • Providing specialist support to the Client service teams for onboarding funds
  • Monitoring and managing the completion of funds documentation for all clients in line with applicable onboarding policies & procedures
  • Ensuring that all necessary screenings takes place in line with the provided by compliance. Notifying local management of operational issues
  • Ensuring BOaT risk assessments using corporate compliance tools and methods prior to account opening are completed before account opening and on an on-going basis for all accounts
  • Managing and reviewing the preparation of MIS for onboarding functions
  • Supervising and reviewing status reports for senior management

What we value :

  • Meeting deadlines, revised deadlines set during urgent requirements also establishes an effective business plan that is aligned to broader business objectives
  • Strive to achieve a high-level of accuracy and timeliness in NAV support. Scheduled adherence to TAT-Ensuring effective processing environment with a target KPI 99.9% Accuracy and 98.5% Timeliness all the time. Stretch target - 100% on Accuracy and 100% on Timeliness.
  • Work on developing process & domain knowledge and providing superior advice and solutions.
  • Ensure Leave planning as per defined protocols i.e. evenly spread across the year and minimal unplanned leave.
  • . Achieve target of all remediation plan agreed in corporate audit and control assurance audit with 0 tolerance.
  • Work as a Team
  • Ensuring all exceptions are reviewed, chased and escalated when required.
  • Proactive & effective communication with all stake holders on deliverables for the team.
  • Maintain corporate ethics on floor with co-operative manner with peers and Support conduct of Fun activities on floor to balance life at work.
  • Conduct periodic discussions with team members, provide regular feedbacks, track / record performance and discuss monthly rating with management on 15th of Every month
  • Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills
  • Shit Timing : 6 : 30pm to 3 : 30pm
  • Work Location : Bangalore
  • Education & Preferred Qualifications :

  • 10+ years of related experience, preferably in financial services industry
  • A minimum of 5+years of people management experience
  • Graduate / MBA preferably in Finance
  • Knowledge of onboarding, reference data, static data would be preferred
  • Audit or quality assurance experience
  • Secondary Skills (Good to Have)

  • MIS Reporting , Risk reporting expertise
  • Coding in Visual Basic Applications (VBA)
  • 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.

    As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

    Discover more information on jobs at StateStreet.com / careers

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    Project Manager • Hyderabad, India

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