Security Valuations, Assistant Vice President

Security Valuations :

State Street provides Pricing Services for Asset Managers and Pension Funds. The primary service revolves under running control reports Missing, Variance and Stale as per client instruction and resolving all the exceptions. In the process, team will apply price for missing price securities , Validate variance and stale with alternate vendor, Research Corporate Action Securities , Perform portfolio level pricing and Generate & Publish Client Specific Reports. The Clients’ portfolios includes products like Equity, Fixed Income, OTC and Exchange-traded Derivatives, FX, Bank Loans, Futures forwards and Option products. The teams performs the control checks for Daily, Weekly, Monthly.

Primary Responsibilities

Manage Delivery of Security Valuations function and processesLead a team of ~ 100 approx. members in multiple locationsOversee the day-to-day activities of the Security Valuations teamStakeholder management – internal and externalRelationship managementCoordinate with External Auditors provide required information for the AuditManage end to end transitions and ramp up’sProvide timely data, reporting and needed analysis to senior management and other key stakeholdersEnsure significant attention to Risk Excellence to ensure compliance with internal policies and regulatory standards and industry developments

Process Re-engineering & Automation Responsibilities

Lead the process Re-Engineering, Standardization, Automation initiativesDrive continuous process improvements and standardization across the processDrive and support Implementation of the re-engineering and automation effortsImplement global best practices across the Security Valuation functionExposure to Automation efforts like RPA and AI will be an advantage.

Education And Experience:

Professional qualification in ManagementMinimum of 12-15 years’ experience in Pricing , Settlements, Middle Office Operations or Capital Market OperationsPreference will be given to candidates with exposure to Pricing or Valuations

Skills & Other Requirements:

Should have managed a large team in a multi-location environmentSenior-level communication skills, presentation skills, prior experience of interacting with multiple stakeholdersIndependent decision-making capabilities, demonstrated thought leadershipPride of ownership with the ability to deliver high quality results timelySelf-motivated, self-assured, and self-managedProblem solving skillsHighly organized with ability to multi-task and work under high pressure deadlinesMust be able to work in a fast paced environmentProficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word)

Skills & Other Requirements:

Senior-level communication skills, presentation skills, prior experience of interacting with multiple stakeholdersIndependent decision-making capabilities, demonstrated thought leadershipPride of ownership with the ability to deliver high quality results timelySelf-motivated, self-assured, and self-managedProblem solving skillsHighly organized with ability to multi-task and work under high pressure deadlinesMust be able to work in a fast paced environmentProficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word)Must have good product knowledge across Equity, Fixed Income, and DerivativesThe candidate must have well-developed analytical skills.Candidate must exhibit excellent attention to detail, high degree of accuracy and the ability to meet deadlines.Ready to work in shifts- US Pacific Time

Application Knowledge:

MS Office

Sourcing:

Thomson Reuters UBS Tech MahindraBNP Paribas

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

Read our CEO Statement

Job ID: R-798318