Who we are looking for
The Managing Director, Alternatives Data Solutions, will lead a transformative effort to define, change, and implement data-centric solutions for the Alternatives Investment business unit, aiming to drive operational efficiencies through improved data design and management. This role will significantly contribute to shaping the future of Alternatives Data Solutions for our clients and operation through analytics and data delivery through strategic data management and innovative solutions.

What you will be responsible for
Alternatives Data Strategy: Partner and collaborate with the functional heads across Accounting Operations, Business Unit CFO, Financial Planning and Analysis, Product, Global Delivery and Technology teams to adapt and improve the operations, controls and management of data across alternatives product types.
Global Data Strategy and Collaboration: Continuous partnership and collaboration with key functional teams across Private Markets, Hedge, Custody, Middle Office and the registered product operations to better utilize the data to address client requests/obligations, drive operational efficiencies and management insights.
Alternatives Data Solutions and Functional Support
Responsible for a run-the-bank program while leading the execution of a transformative program on the collection of data to develop new capabilities to drive business outcomes for State Street’s core business.

Run the Bank responsibilities will include: Own and improve the existing controls and governance of the production data and deliverables as part of the day to day operations. This will also include leading the effort to drive the deployment and adoption of new releases.

Change the Bank responsibilities will include supporting the program to establish, publish and distribute a new authoritative data sets on Alternatives products. Support the establishment of the future state operating models to ensure clear roles and responsibilities along the data supply chain and implementation of the necessary controls and exceptions handling processes

Additional Responsibilities:

• Continuously champion the Data Strategy for Alternatives and align with the enterprise data strategy.

• Foster a collaborative culture promoting data-driven decision-making

• Establish KPIs to measure the effectiveness of implemented solutions. Continuously monitor and optimize data processes for efficiency gains

• Development of internal talent and resources

Education & Preferred Qualifications

• 15+ years’ experience in Data Design and Management – demonstrated experience in data architecture design and governance within the finance industry.

• Core competency in Process Re-engineering – Hands on experience in capturing, communicating, redesigning and execution of business processes.

• Team Leadership and Strategy Delivery – strong experience in directly managing a solution delivery team, demonstrating leadership, management, organizational, analytical and problem solving skills using a change and solution delivery mindset.

• Project Management Leadership – Project management experience to deliver a wide program of activities. Ability to drive outcomes in a fast paced environment while collaborating with other large programs and business priorities to deliver desired outcomes

• Communication – strong communication skills and executive presence with the ability to influence business and corporate function partners to execute against planned strategies and timeline. Ability to translate complex data and process concepts into strategic terms fundamental to getting senior management buy-in.

• Collaboration - ability to work across organizations, and influence other groups in driving to achieve common goals bank-wide

• Analytical skills - require both qualitative and quantitative analytical skills

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:

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.