State Street
Finance
IncomeProcessing,VicePresident
Neural analysis suggests this role is
optimal for Senior candidates.
“Income Processing, Vice President at State Street. Skills: Income Processing, Corporate Actions, Fund Accounting, Risk Management, Team Leadership, Process Optimization. Support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody, accounting, middle office related events to the fund’s records accurately and timely.. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mit”
What You'll Achieve.
Deliver excellent service to clients; Achieve operational objectives; Ensure efficient resource allocation and cost control; Deliver high-quality products or services that meet customer needs.
Industry & Context.
Facilitate timely problem resolution; Identify and implement improvements to streamline operations, increase efficiency, and reduce costs.; Identify areas for improvement, taking corrective actions as needed.; Identify and mitigate potential operational risks.
What They're Looking For.
Must Have
Bachelor's / Post Graduate degree in commerce / economics with a specialization n Business, Accounting, Finance or another Financial related program
Nice to Have
Inter C. A. / Inter ICWAI or CFA (pursuing), 16-20 years’ experience in accounting, finance, mutual fund operations, loan servicing or related careers
What You'll Do.
Support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody
middle office related events to the fund’s records accurately and timely.
Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients and people management.
Contribute towards development of Process
people and Improve Risk standards for the team.
Develop and implement operational strategies that support the company's overall business goals.
Identify and implement improvements to streamline operations
Manage resources (people
technology) effectively to achieve operational objectives.
Track key performance indicators (KPIs)
key risk indicators (KRIs) and identify areas for improvement
taking corrective actions as needed.
Lead and develop a team of managers and staff within the operations department.
Manage the operational budget
ensuring efficient resource allocation and cost control.
Ensure that the company's operations deliver high-quality products or services that meet customer needs.
Identify and mitigate potential operational risks.
How You'll Work.
Team & Collaboration
Work with other executive teams to ensure alignment and coordination across the organization.; Collaborating across functions, business and locations; Effective communication across stakeholder groups both regionally and globally
Communication Scope
Effective communication across stakeholder groups both regionally and globally
Process & Methodology
Strategic Planning, Process Optimization, Resource Management, Performance Monitoring, Budget Management, Quality Control, Risk Management
Full Job Description
**Who we are looking for** As an Income COE Vice President, the ideal candidate will support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody, accounting, middle office related events to the fund’s records accurately and timely. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients and people management. **Why this role is important to us** Income COE deals with end to end processing of events across custody, accounting, middle office and claims services for our clients. This involves processing of many financial activities which will help other team to derive at NAV to the client, As part of Income COE you will be required to contribute towards development of Process, people and Improve Risk standards for the team. **What you will be responsible for** As Vice President you will **Strategic Planning** Develop and implement operational strategies that support the company's overall business goals. **Process Optimization:** Identify and implement improvements to streamline operations, increase efficiency, and reduce costs. **Resource Management** : Manage resources (people, budget, technology) effectively to achieve operational objectives. **Performance Monitoring:** Track key performance indicators (KPIs) , key risk indicators (KRI) and identify areas for improvement, taking corrective actions as needed. **Team Leadership:** Lead and develop a team of managers and staff within the operations department. **Budget Management:** Manage the operational budget, ensuring efficient resource allocation and cost control. **Collaboration:** Work with other executive teams to ensure alignment and coordination across the organization. **Quality Control:** Ensure that the company's operations deliver high-quality products or services that meet customer needs. **Risk Management:** Id
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