State Street - Assistant Vice President - Middle Office

IFS provides fund accounting, administration, tax, compliance and middle office trade support services to hedge fund managers. IFS combines its experienced teams of trained financial service professionals with sophisticated software development talent to create a superior trade support infrastructure that features Straight-Through-Processing (STP) and real-time information. The responsibilities of the operations group is to provide clients with portfolio pricing, trade allocation, confirmation, correction and settlement, prime broker interfaces, repo processing and cash management.

Job Description:

1. Overseeing development of Middle office applications and products.

2. Maintaining flow between Operations working groups, production support and system development groups.

3. Sourcing Solutions for new product types

4. Working closely with broader operations management teams to develop process efficiencies.

5. Organizing and leading Operational focus groups and meetings.

6. Review Officer performance and where applicable but not limited to:

a) Review end of day valuations for all products

b) Review end of day management reports and resolve issues

c) Sign off on end of day process and check lists

7. Interact with client to evaluate services.

8. Identifies and uses best practices for project management.

9. Clearly communicates both verbally and in written format.

10. Demonstrates an understanding of the impact of problems across the organization and facilitates a collaborative solution.

11. During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

Requirements:

1. Education: Bachelor's degree or equivalent experience

2. Proven professional skills - At least 12 years' experience with sell-side or hedge fund middle and back office.

3. Excellent written, communication, and interpersonal skills, ability to present internally to management.

4. Hedge Fund Middle Office or Administration experience is required incl working knowledge of OTC markets.

5. Strong skills in Microsoft Office (Excel, PowerPoint, Word, Access)

6. Ability to document development requirements to create automated processes for Operations

7. Excellent follow-up and problem solving skills.

8. Excellent Communication Skills

9. Project orientated.

10. Must be able to pay extremely close attention to details.

11. Must be a team player.