State Street Corporation

Who we are looking for The TradeNeXus Business Development and Product Manager's primary role is to support the Head of TradeNeXus and working closely with the Head of TradeNeXus Product in identifying and implementing product enhancements and expansions quickly and efficiently as well as to help re-baseline the business to be more controlled and efficient. This includes but not limited to close collaboration with sales to track and drive revenue growth, management with sales and clients on product requests, collaborating with the team, IT, and external partners to develop clear business requirements, troubleshooting, proactive project management, and working with internal groups in seeking input and approvals. Additional responsibilities include identifying opportunities for innovation, assessing the marketplace for opportunities and obstacles to the business' success, and providing training, educational and marketing material. Why this role is important to us The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world's institutional investors, we deliver the industry's most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients' investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions - data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance - we deliver a breakthrough edge to drive business success. TradeNeXus is a premier post-trade solution that offers enrichment, matching, netting and messaging for foreign exchange and money market transactions as well as tailored workflows for routing and monitoring for central clearing, settlement and portfolio optimization. TradeNeXus has a 20 year track record of reliability and innovation with its 500+ global asset manager and investment bank clients. It is a part of State Street GlobalLINK's suite of market leading e-trading platforms, technology, data and workflow solutions. Join us if making your mark in the capital markets industry from day one is a challenge you are up for What you will be responsible for As TradeNeXus Business Development and Product Manager, Vice President you will - Identify and solution for risks and issues within the businesses and propose/manage mitigation or elimination. Build and maintain strong working partnerships within the team and our partners fostering culture of continued collaboration and knowledge sharing Lead product innovation to maintain competitiveness, client satisfaction and increased market share and revenue as well as proactively managing any escalated queries or issues brought to the team Horizon scan and input back into strategy and roadmap planning industry trends, regulations and developments that impact our clients and business. Develop good working relationships with partner clients and industry partners and participate in client presentations to educate customers on business offering and future direction as needed. People Develop and maintain strong working partnerships within TradeNeXus product and IT team, sales and relationship managers and all constituents. Develop relationships with clients in partnership with sales Contribute to team culture of collaboration and knowledge sharing Develop relationship with SST internal partner teams (e.g. CRD, IMS, SSGM-FX) Strategy & Planning Work with product head to develop and manage TradeNeXus product roadmap balancing strategic initiatives and ongoing platform enhancements. Participate in improving internal product process in implementing improvements to maximize control, communication, and efficiency. Lead partnership with sales to drive revenue growth against budget. Identify where we are meeting/exceeding/underperforming and execute plan of action. Own and drive new revenue generating strategies for new product services Manage sales/support/client enhancement requests Be aware of industry trends, regulations, and developments related to TradeNeXus client base and initiatives Product Development Lead assigned product initiatives in assessing viability, risks, and analyzing requirements (including any partner firm specifications). Work with prospective clients, partner banks, or other to understand their requirements and translate those into key product developments. Develop and drive end-to-end product delivery for initiatives, which includes collaborating with key constituents in Sales, IT, Legal and Compliance as well as navigating State Street required processes such as new business approvals. Define clear, concise but thorough product specifications Analysis and troubleshooting with partners for escalated product issues or hurdles through product delivery process. Identify risks and issues with the business and propose/manage ideas for mitigation or elimination. Provide training and materials to educate on the product to both internal and external audiences Client Interaction Participate in client presentations and conferences to educate customers on business' offering and future direction. Participate on sales calls to provide TradeNeXus SME knowledge Organize and chair client forums to showcase new product developments and thought leadership discussions Develop good working relationships with partner clients/banks and industry partners. Contribute to product innovation to maintain competitiveness, client satisfaction, increase market share and generate new revenue streams. What we value These skills will help you succeed in this role - Ability to work autonomously with confidence - a self-starter Experience managing global teams and working closely with business managers, developers and quality assurance teams. Excellent communication skills, with strong influencing skills and an ability to effectively communicate technical issues in plain language. Results orientated- capacity to prioritize and adept at managing a broad book of work whilst maintaining strong attention to detail. Proven track record in successfully leading and timely execution of product requirements in a complex international organization A pragmatic, problem solving mind-set with an ability to tackle difficult issues related to both operations and projects and guide all parties to an outcome in the best interest and risk appetite of the organization. Ability to deal effectively with stakeholders (Risk, Business, Legal/Compliance and IT teams) in a multi-locational environment Education & Preferred Qualifications Bachelor's degree or similar qualification in business, technology or related field Extensive experience in banking, financial services with some exposure to product development in FX, transaction matching or settlement workflows. 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 Read our CEO Statement

Purpose of Role Company Profile SSTL acts as Trustee/Depositary to Undertakings for Collective Investment in Transferable Securities (UCITS) funds and authorised and unauthorised Alternative Investment Funds (AIFs). SSTL is currently one of the largest Depositary/Trustee service providers in the UK. SSTL has seen significant business growth over recent years and has proactively evolved with new business opportunities brought about by changing regulations. Why this role is important to us To manage the Operational service delivery for SSTL clients. The purpose of the role is to be responsible for executing the SSTL strategy for Operational service delivery, for maintaining and improving cost profile of the Operations Team, and for ensuring that Customer Service and information delivery standards are met or exceeded. Deputise for Head of SSTL's Operations as appropriate. Responsibilities Leading and managing the internal SSTL Operations team and External Audit team responsible for Service Delivery. Play a leading role in day to day client relationships, conducting regular service review appointments and other meetings with Operational and External Audit staff and SSTL management as appropriate. Build, nurture and manage robust and sustainable relationships with clients. Maximise client profitability through efficient process management, adhere to compliant and contractually agreed charging structures and ensure that cross sell opportunities with clients are escalated appropriately. Support our client base in matters of a technical or regulatory nature ensuring that at all times they have a positive impression of SSTL. Evaluate and manage operational risk across current and prospective client base. Confirm FCA 'de minimis' concession status of Managers/ACDs on ongoing basis. Participate in any client or prospect meeting. Ensure the Operations team and External Audit team are operating in accordance with applicable regulations and with Corporate and HR policies. Ensure that the Depositary Operations team and External Audit team complies with applicable regulations, including but not limited to COLL, FUND and CASS rulebooks (as related to UCITS V and AIFMD) and that systems and controls are sufficiently robust to mitigate any risks to the business whilst providing support to all levels as necessary. Lead delivery of change including business transformation. Oversee breach correspondence with Managers/ACDs and regulators as applicable. Ensure that customer complaint handling is undertaken in accordance with any regulatory and/or internal policy requirements. Play a leading role as a member of the various internal committees, including acting as chair if required to do so. Manage the External Audit team, leading visits as required and ensuring oversight reports are produced in a timely manner. Perform the role of Outsourcing Engagement Manager (OEM) for any Outsourcing Engagements assigned to the Depositary Operations Manager. Complete all Mandatory training in advance of specified deadlines. Participate in relevant regulatory working groups and committees as convened. Ensure that any regulatory changes impacting the Depositary Operations team and External Audit team are implemented in a timely manner with resulting control amendments and staff communications/procedural updates undertaken. Monitor and evaluate the continuing effectiveness of the controls within Depositary Operations team and External Audit team processes and procedures. Review any losses with the Depositary Operations team to ensure each is documented correctly and remedial action taken to ensure no repetition. Lead SSTL's specific projects and actively participate in wider State Street projects and initiatives. Represent SSTL during meetings with senior representatives of the client base, regulator and other areas of the Corporation. CASS Responsibilities Manage Depositary Operations team processes and controls to ensure client assets/money are safe kept and administered in a manner appropriate to the CASS source book. Manage Depositary Operations team change, including offshoring and outsourcing arrangements, such that compliance with CASS is considered and any issues are reported to the Head of Operations. Complete annual and ad hoc training to maintain relevant knowledge and understanding of CASS. Participate in relevant CASS working groups and Committees as convened. Comply with CASS specific responsibilities as defined below, along with the other regulations you need to have regard to in your job role. Managerial Ensure staff have clear lines of reporting, authority levels, objectives and progress is reviewed regularly in line with Company policy. Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported. Ensure staff adhere to strong ethical and conduct standards. Support the Head of Operations in establishing and monitoring systems of control, limits of delegation and escalation procedures so that the business complies with internal policies and external regulations and can be managed effectively. Ensure that appropriate management information is produced and reviewed at appropriate intervals. Support the Head of Operations in establishing and overseeing a risk culture within the business and ensure business line accountability for risk identification, management, measurement, monitoring and reporting. Support a culture of effective challenge to ensure appropriate governance standards are met. Education & Preferred Qualifications Degree Level or Equivalent Work experience. Deep knowledge of the funds Industry and relevant regulations and working practices. Strong proven management experience, leading teams and achieving positive fiduciary outcomes while meeting financial targets. Results driven, strong ethical and conduct standards. 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 Read our CEO Statement