State Street - Officer - Product Research Team

Business Line : Global Services

Work Location : Hyderabad

Process Name : Global Strategy \ Product Research Team

Reportees (If Any) : No

Shifts (in IST) : 12 Noon IST to 9:00 PM IST

Contract / Permanent : Permanent

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $33.99 trillion in assets under custody and administration and $2.81 trillion- in assets under management as of September 30, 2018, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street's website at www.statestreet.com.

- This figure is presented as of September 30, 2018 and includes approximately $28 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

About Business Line

The Product Research team will help support the Product Managers/Owners to drive State Street's product strategy for gaining competitive advantage.

About Process

This role involves undertaking strategic and financial research activities emanating from various products and solutions teams at State Street. The role encompasses:

- Tracking industry trends and issues

- Quantifying the gaps that exist in our products & services

- Competitive landscaping and providing market intelligence

- Tracking and analyzing regulatory updates impacting the overall business

The successful candidate must be able to analyse complex data and articulate findings. The candidate will take initiative, exercise independent thinking, multi-task activities, set priorities, and meet aggressive project deadlines in a fast paced environment. The candidate must have strong facilitation, interpersonal and organizational skills and be interested in working in a professional, team-oriented environment. In this role, the candidate will have the opportunity to gain experience working with various functions across State Street.

Key Responsibilities & Experience Range

- Handle research assignments/projects under the products and solutions teams at State Street.

Products include: cash, custody, accounting, investment operations, performance & analytics, compliance, fiduciary, investor policy holder recordkeeping, data solutions and reporting, and end-user experience. Whereas, solutions include: ETF, ESG, Fund Administration, CITs, Alternatives, Insurance, etc.

- Act as the internal consultant keeping various product teams abreast of industry issues/ trends

- Market sizing and forecasting using secondary sources and internal databases

- Analyze ambiguous data/information and present in a clear and crisp manner to business leaders

- Provide Product capability comparisons with competitors and niche players offering in the market place and identify gaps, strength, weaknesses, and differentiators

- Write thought-leadership topic ideas with one page synopsis for the Product Lead's review

- Provide support for new product concepts ranging from market opportunity analysis to help in developing business cases

- Provide strategic industry analysis and competitive intelligence

- Provide positioning and content for products and solutions

- Track regulatory updates by SEC, FASB and other industry & regulatory organizations that will impact products and services across US, EMEA and APAC

- Decipher regulations and assess the impact on fund & portfolio accounting, custody and other products, and produce regulatory updates report under the guidance of regulatory lead in product division.

Skills & Knowledge :

Qualification & Certifications :

- 7-9 years- experience in asset management/ servicing or, in general, financial services industry, MBA/CFA/CA preferable

- Excellent secondary research and data analysis skills, with strong attention to detail

- Excellent proficiency with MS Office tools - particularly in Excel and PowerPoint, including Charting and Visualization

- Experience with producing content for and presenting to the executive-level

- Ability to adapt to shifting priorities, meet deadlines and effectively execute in a fast-paced environment;

- Ability to work independently and collaboratively

- A proactive approach to problem-solving; Self-motivated and goal-oriented

- Excellent communication skills and written skills and meeting facilitation skills. Must have the ability to comfortably interact & communicate with all levels of the organization

- Proven ability to handle confidential information with discretion.

- Any additional experience with data analytics, preferable

Primary Skills (Must Have) :

- Good knowledge of asset management/servicing industry

- Advanced level quantitative and qualitative research skills

- Strong communication, interpersonal, organizational, and time management skills

- Data analysis and presentation skills

- Deadline and detail-oriented

Secondary Skills (Good to Have)

- Exposure to Data analytics, its tools and applications