Alternatives Business Transformation, Officer

Posted 2 Days Ago
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Quincy, MA, USA
In-Office
65K-114K Annually
Mid level
Financial Services
The Role
Serve as an independent contributor on the Alternative Investments Transformation team, gathering and managing end-user requirements, delivering business analysis, coordinating cross-functional implementation, creating and executing test documentation, resolving project issues, and ensuring compliance with internal policies. Work closely with technology and internal/external stakeholders to design and deliver operational solutions.
Summary Generated by Built In

Who we are looking for

Officer level independent contributor needed for the Alternative Investments Transformation team.  This role will work closely with Alternative Investments technology, various internal and external stakeholders in a varied and challenging role. A good candidate is able to familiarize themselves with existing solutions quickly and design meaningful solutions for our internal operations team as well as the client. Additionally, candidates must be well-organized and able to deliver projects in a timely manner  Candidates must demonstrate strong initiative, be able to perform well under pressure and be capable of working on multiple, diverse assignments.

What you will be responsible for

As an Officer in this role, you will

  • Create, manage and interpret end user requirements and work to meet those needs by working with cross functional teams and follow through to implementation.

  • Resolve and escalate project and operational issues in a timely fashion.

  • Provide business requirements and analysis to internal and external clients on current and future state operating models.

  • Create test and execute documentation to demonstrate newly developed functionality is in line with business use cases.

  • Understand, follow and demonstrate compliance with all relevant internal policies and procedures, as well as provide input to further development of best practices.

What We Value

These skills will help you succeed in this role:

  • Excellent communication skills

  • Creative problem-solving skills and analysis skills to help build solutions

  • Initiative, self-motivation and the ability to work independently

  • Strong relationship-building skills

  • Sense of urgency when performing tasks and projects; ability to respond to shifting priorities

  • Effectively communicate progress and escalations

  • Be a team player yet display a culture of individual ownership of tasks.

Education & Preferred Qualifications

  • Bachelor’s degree in a relevant field of study.

  • 3+ years of experience working within an investment firm in a technology, front office or software related role

  • PC Skills – Microsoft products (Word, Excel, Powerpoint, etc), Jira and Confluence

  • Preferred experience in Alternative Investments.

Salary Range:

$65,000 - $113,750 Annual

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

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.

Skills Required

  • Bachelor's degree in a relevant field of study
  • 3+ years of experience working within an investment firm in a technology, front office or software related role
  • PC skills: Microsoft Word, Excel, PowerPoint
  • Experience with Jira and Confluence
  • Ability to create, manage and interpret end user requirements and drive implementations
  • Create and execute test documentation to validate functionality against business use cases
  • Excellent communication, problem-solving, initiative, relationship-building, and ability to manage shifting priorities
  • Preferred experience in Alternative Investments

State Street Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.

  • Retirement Support Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
  • Leave & Time Off Breadth Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
  • Wellbeing & Lifestyle Benefits Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.

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The Company
HQ: Boston, MA
39,782 Employees
Year Founded: 1792

What We Do

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future

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