Core Operations - Assistant Vice President

The Client Service Ops AVP position is a management role responsible for a team of client service ops representatives providing both relationship management and daily operational support to our asset manager or asset owner clients. AVP’s are also responsible for their team’s work allocation and oversight, process improvement strategies, training of new staff, problem resolution and serve as an escalation point for external and internal clients. The AVP is expected to be hands on and have a good understanding of the day to day operations in the team. The AVP will also serve as an escalation point for the Inquiry management function.

The role will be based out of Bangalore and lead a function of about 40 FTE.

The AVP role will have front line staff as well as manager level staff reporting into the role and will in turn report to the Client Service Ops VP

Responsibilities Include:

·         Responsible for managing multiple external client / investment manager relationships.

·         Knowledge on the Accounting, Custody, Income and Trade Processing workflow

·         Work with other global service teams to provide the expected level of inquiry resolutions to the asset managers.

·         Responsible for the day to day management and successful oversight of the long-term relationships of assigned accounts.

·         Proactively defines roles for the team in line with service levels and corporate initiatives.

·         Responsible for managing the team of client service ops representatives and managers.

·         Ensures superior client satisfaction by acting as an advocate for clients and ensuring client issues are satisfactorily resolved.

·         Proactive identification of client needs and potential internal issues impacting client satisfaction.

·         Works closely with internal teams and clients to drive execution of initiatives.

·         Facilitates communication between Client Service Operations & other business units to ensure an effective operating environment. Works with senior management keeping them informed of new developments, service issues, and new business opportunities.

·         Provides project management support for client related initiatives.

·         Acts as a liaison between business units to ensure successful implementation of service deliverables are being provided to the clients and the team.

·         Manages internal and client expectations and handles escalations effectively and comprehensively.

·         Manages conversion and new client relationships with minimal input/contact from VP or SVP.

Qualifications

·         Bachelors finance degree required. MBA desirable

·         Must have a minimum of 12 years of total related experience in the financial services industry.

·         Willing to work in US Shift

·         Projects/ transition experience preferably in a US centric captive unit of a major financial company in India.

·         Strong front end / middle office client services exposure in the past will be a positive

·         Experience in relationship management, strong verbal and written communications skills, and good presentation skills is a must.

·         Must possess leadership and management skills.

About State Street

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