Role at a glance
- Job function
-
Investments & Capital Markets Investment Operations
- Salary
- Not Disclosed
- Location
- HINJEWADI PUNE
- Employment
- Full-time
- Experience
- Minimum of 12-15 years’ experience in Pricing, Settlements, Middle Office Operations or Capital Market Operations
- Education
- Professional qualification in Management
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Role Summary
This Assistant Vice President role manages the Security Valuations function within State Street Pricing Services, covering control reports, exception resolution and client reporting. The role leads a team of about 100 members across multiple locations and oversees day-to-day activities, stakeholder relationships and process automation initiatives.
What You'll Do
- Run control reports for Missing, Variance and Stale as per client instruction and resolve the exceptions
- Apply prices for missing price securities and validate variance and stale prices with an alternate vendor
- Research corporate action securities
- Perform portfolio level pricing and generate and publish client specific reports
- Manage delivery of the Security Valuations function and coordinate with external auditors on required information
- Lead process re-engineering, standardization and automation initiatives
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Professional qualification in management and 12-15 years of experience in pricing, settlements, middle office or capital market operations.
Required
- Professional qualification in Management
- Minimum of 12-15 years’ experience in Pricing, Settlements, Middle Office Operations or Capital Market Operations
- Should have managed a large team in a multi-location environment
- Senior-level communication skills, presentation skills, prior experience of interacting with multiple stakeholders
- Independent decision-making capabilities, demonstrated thought leadership
- Pride of ownership with the ability to deliver high quality results timely
- Self-motivated, self-assured, and self-managed
- Problem solving skills
Preferred
- Preference will be given to candidates with exposure to Pricing or Valuations
- Exposure to Automation efforts like RPA and AI
Original job description
Content provided by the employer
Original job description
Content provided by the employer
State Street provides Pricing Services for Asset Managers and Pension Funds. The primary service revolves under running control reports Missing, Variance and Stale as per client instruction and resolving all the exceptions. In the process, team will apply price for missing price securities
Validate variance and stale with alternate vendor, Research Corporate Action Securities
Perform portfolio level pricing and Generate & Publish Client Specific Reports. The Clients’ portfolios include products like Equity, Fixed Income, OTC and Exchange-traded Derivatives, FX, Bank Loans, Futures forwards and Option products.
The teams perform the control checks for Daily, Weekly, Monthly.
Primary responsibilities
Manage Delivery of Security Valuations function and processes Lead a team of ~ 100 approx. members in multiple locations Oversee the day-to-day activities of the Security Valuations team Stakeholder management – internal and external Relationship management Coordinate with External Auditors provide required information for the Audit Manage end to end transitions and ramp up’s Provide timely data, reporting and needed analysis to senior management and other key stakeholders Ensure significant attention to Risk Excellence to ensure compliance with internal policies and regulatory standards and industry developments
Process Re-engineering & Automation responsibilities
Lead the process Re-Engineering, Standardization, Automation initiatives
Drive continuous process improvements and standardization across the process
Drive and support Implementation of the re-engineering and automation
efforts
Implement global best practices across the Security Valuation function Exposure to Automation efforts like RPA and AI will be an advantage
Education and Experience:
Professional qualification in Management
Minimum of 12-15 years’ experience in Pricing, Settlements, Middle Office Operations or Capital Market Operations
Preference will be given to candidates with exposure to Pricing or Valuations
Skills & other requirements:
Should have managed a large team in a multi-location environment
Senior-level communication skills, presentation skills, prior experience of interacting with multiple stakeholders
Independent decision-making capabilities, demonstrated thought leadership
Pride of ownership with the ability to deliver high quality results timely
Self-motivated, self-assured, and self-managed
Problem solving skills
Highly organized with ability to multi-task and work under high pressure deadlines
Must be able to work in a fast-paced environment
Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word)
Must have good product knowledge across Equity, Fixed Income, and Derivatives.
The candidate must have well-developed analytical skills.
Candidate must exhibit excellent attention to detail, high degree of accuracy and the ability to meet deadlines.
Ready to work in night shifts
Application knowledge:
MS Office
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 the company
State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.