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Alternative Investments Business Transformation Specialist, Senior Associate

State Street

Alternative Investments Business Transformation Specialist, Senior Associate

State Street

Toronto, Ontario

·

On-site

·

Full-time

·

1w ago

Compensation

$51,000 - $84,000

Benefits & Perks

Flexible Hours

Learning Budget

Flexible Hours

Learning

Required Skills

Communication

Problem-solving

Analysis

Relationship building

Project management

Data analysis

Excel

PowerPoint

Word

Who we are looking for

Senior Associate needed for the Alternative Investments Transformation team. This role will work closely with Alternative Investments technology, various internal and external stakeholders in a varied and challenging role. Additionally, candidates must be well-organized and able to deliver projects in a timely manner. Candidates must demonstrate strong initiative, be able to perform well under pressure and be capable of working on multiple, diverse assignments.

Main responsibilities will include:

  • Assist in writing business requirements and executing test scripts
  • Perform data analysis and reconciliation required for testing and validation of new functionality
  • Assist in the execution of the governance framework over transformation globally
  • Monitor the implementation of new functionality to ensure effectiveness and track issues and bugs to resolution
  • Track and communicate changes that impact operational teams, including report instructions, new products, enhancements, etc.
  • Coordinate and liaise in creation of training materials
  • Preparation/documentation of process flowcharts
  • Compile and analyze performance metrics of newly implemented initiatives
  • Assist preparation of materials to be presented for new functionality to senior management and the organization
  • Build strong, long-term relationships throughout State Street organization

What We Value

  • These skills will help you succeed in this role:
  • Excellent communication skills
  • Creative problem-solving skills and analysis skills to help build solutions for the investment teams.
  • Outstanding influencing skills to unify and collaborate with varied teams
  • Initiative, self-motivation and the ability to work independently
  • Strong relationship-building skills
  • Sense of urgency when performing tasks and projects; ability to respond to shifting priorities
  • Effectively communicate progress and escalations
  • Be a team player yet display a culture of individual ownership of tasks.

Education & Preferred Qualifications

  • Bachelor’s degree required, preferably in accounting, finance, or economics
  • 2+ years of experience working within an investment firm in a technology, front office or software related role
  • Strong written, communication, and presentation skills, including the ability to liaise with and influence senior subject matter experts
  • Must have strong organizational skills
  • Must demonstrate sense of ownership and accountability for work
  • Ability to multiple task and work within tight deadlines
  • Works collaboratively, and builds effective working relationships & promotes teamwork
  • Strong interpersonal, quantitative and analytical skills and a high proficiency with MS Excel, Word, PowerPoint, JIRA, confluence.
  • Preferred experience in Alternative Investments.

Salary Range:

$51,000 - $84,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

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.

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About State Street

State Street

State Street Investment Management — formerly State Street Global Advisors (SSGA) — is an American investment management division of State Street Corporation founded in 1978 and the world's fourth largest asset manager, with nearly US$4.1 trillion in assets under management as of December 31, 2023.

10,001+

Employees

Boston

Headquarters

Reviews

3.5

6 reviews

Work Life Balance

2.5

Compensation

3.0

Culture

2.5

Career

3.2

Management

2.8

35%

Recommend to a Friend

Pros

More opportunity than other banks

Career advancement potential

Financial services experience

Cons

Slow hiring process

Poor Glassdoor reviews

Variance in firm quality opinions

Salary Ranges

76 data points

Junior/L3

Junior/L3 · Business Analyst

2 reports

$134,560

total / year

Base

$117,009

Stock

-

Bonus

-

$127,061

$142,060

Interview Experience

5 interviews

Difficulty

2.6

/ 5

Duration

21-35 weeks

Offer Rate

20%

Experience

Positive 20%

Neutral 60%

Negative 20%

Interview Process

1

Application Review

2

Recruiter Screen

3

Phone Interview

4

Technical/Hiring Manager Interview

5

Final Interview/Offer Stage

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit