New Business Integration and Pricing, Assistant Vice President (Finance)

Who we are looking for

A results oriented leader to manage and lead a systemic process surrounding new business into State Street. We utilize the entire Microsoft Office suite of products (SharePoint, Power Automate, Power BI, Microsoft Forms, Office Suite) to automate the new business estimation process, to create, maintain and manage a digital inventory of information as it relates to new business.

Why this role is important to us

The team you will part of plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.

Join us in making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As a New Business Integration and Pricing, Assistant Vice President, you will

• Act a Product Owner for development and maintenance of automate workflows
• Manage the Deal Estimation process for ALL Back Office and Alpha/Office deal
• Actively participate in Deal Team Meetings to ensure that accurate data is used in the preparation of client proposals
• Lead / Innovate any new projects requested by the Head of the Deal Teams across all regions
• Lead and support new business cost analysis, modelling and conduct benchmarking analysis for large complex transactions
• Oversight of large deals cost estimation globally and be responsible for updating senior management on those deals
• Support Head of Pricing in ad hoc analysis for Management Committee Members (e.g. CFO, Head of Investment Services, Head of Sales, Head of Product)
• Drive independent conversation and calls with Sales Lead / Client Relationship Manager / Global Delivery
• Support creation of deal review package for executive level audience
• Identify and implement improvements in data infrastructure and analytical techniques to improve quality and timeliness of pricing decisions
• Work with the developer to enhance/ troubleshoot NBE workflows, brainstorm and plan out new workflows to improve transparency between teams.
• Escalation point for any items related to NBE; data inquires, function revisions and process challenges
• Liaison with impacted teams to properly provide information related to Sales Incentive Program (SIP).
• Collaborate with internal team to identify and implement process improvements
• Escalation point for any items related to SIP; pending/ ongoing inquiries, operating model revision, etc.

What we value

These skills will help you succeed in this role

• Tireless work ethic, keenly analytical, detail oriented, intellectually curious, skilled in working with and partnering teams, and understand how to deliver insights at the executive level, driven to do what is needed for the team to succeed and to deliver actionable analytics
• Self-driven, capable of independent collaboration with senior constituents to understand and refine deliverables, schedule progress update meetings, and solicit for help when needed in order to ensure success
• Very strong and versatile Excel analytical skills. Ideally, also very skilled in SharePoint and Power Automate
• Professional curiosity in learning business dynamics from business leads and using that to translate data into insights.
• Innovative. Responsible. Courageous. Curious. Hard Working. Honest. Respect for people, process, our purpose, and for professional excellence

Education & Preferred Qualifications

• Undergraduate degree, preferably a BS in Finance, Business, Economics, Engineering, Math, Analytics, or related Management field. MBA or MS in analytical field a plus.
• 5+ Experience with digitization and Product Owner experience a plus

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:
$80,000 - $132,500 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.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Salary Minimum: 80000Salary Maximum: 132500