VP – Alpha Conversion Executive

State Street

Full-time

On-site

Boston, Massachusetts, United States

🌐 Digital Marketing

📌 Core Information

🔹 Job Title: VP – Alpha Conversion Executive

🔹 Company: State Street

🔹 Location: Boston, Massachusetts, United States

🔹 Job Type: Full-Time

🔹 Category: Financial Services

🔹 Date Posted: May 14, 2025

🔹 Experience Level: 10+ years

🔹 Remote Status: On-site (with occasional remote work)

🚀 Job Overview

Key aspects of this role include:

Leading Alpha E2E and middle office recordkeeping conversion activities for client programs
Managing client relationships and cross-functional collaboration
Planning and executing conversion events, including dry runs, DITL/PPVE, dress rehearsals, and go-lives
Ensuring smooth transitions to business as usual (BAU) working across different business units
Coordinating conversion team activities and resources
Working with clients to facilitate data extraction and migration processes
Collaborating with internal product teams to define conversion approaches and timelines
Providing executive presence and effective communication at steering and sponsor levels

ASSUMPTION: This role requires a high level of project management, stakeholder communication, and team coordination skills. The ideal candidate will have experience in large-scale transformation projects and a strong background in capital markets, including middle office, securities, bank loans, and transaction management.

📋 Key Responsibilities

✅ Lead the planning and execution of Alpha E2E and middle office recordkeeping conversion activities for client programs

✅ Manage ongoing client relationships, cross workstream collaboration, and conversion team oversight

✅ Coordinate and drive the deliverables of conversion planning and testing to meet milestones

✅ Drive the data conversion development lifecycle and methodology, including requirements analysis, solution design, client acceptance, timeline creation, implementation, unit testing, deployment tools, and maintenance

✅ Lead issue resolution and gap closure in terms of data provided or discrepancies in data between legacy presentation and the future state model based on feedback provided

✅ Support Conversion Manager in leading all conversion events, including some weekend activity and off-hours work

✅ Serve as a subject matter expert, speaking to details as required, while managing multiple processes

✅ Resource planning and vendor relationship management

✅ Occasional travel required for client or global team onsite visits

ASSUMPTION: This role involves a high level of responsibility and requires strong leadership, communication, and project management skills. The ideal candidate will have experience in managing teams and driving complex projects to successful completion.

🎯 Required Qualifications

Education: Bachelor’s Degree in Finance, Accounting, Business Administration/Management, or a related field; plus 10 years of relevant financial industry experience

Experience: 10+ years of relevant financial industry experience, with a focus on migration, cutover/conversion disciplines, and capital markets

Required Skills:

Proven experience in migration, cutover/conversion disciplines, and capital markets
Executive presence and excellent communication skills
Strong project management and team leadership skills
Demonstrated ability to work in a high-paced environment, be flexible, follow tight deadlines, organize, and prioritize work
Working knowledge of data quality measures and SQL
Proven ability to proactively identify potential issues and drive resolution
Experience owning initiatives/projects related to middle office client onboarding
Proficient in Microsoft Word, Excel, Visio, PowerPoint, SharePoint, Access, Microsoft Project, JIRA, or other project management software
Solid understanding of data warehouses and databases

Preferred Skills:

Master’s Degree in Finance, Accounting, Business Administration/Management, or a related field; plus 3 years of relevant pre- or post-Master’s financial industry experience
Experience with RKS, CRIMS, Eagle, Eagle Star, PAM, Portia, WSO, or other relevant systems

ASSUMPTION: The ideal candidate will have a strong background in financial services, with a focus on migration, cutover/conversion disciplines, and capital markets. They will also possess excellent communication, project management, and leadership skills.

💰 Compensation & Benefits

Salary Range: $130,000 - $205,000 Annual

Benefits:

Medical Care
Insurance
Savings Plans
Flexible Work Program
Development Programs
Educational Support
Paid Volunteer Days
Matching Gift Program

Working Hours: Full-time, with occasional weekend and off-hours work required

ASSUMPTION: The salary range provided is based on industry standards for this role, experience level, and location. The benefits package is competitive and comprehensive, with details varying based on location.

📌 Applicant Insights

🔍 Company Context

Industry: Financial Services

Company Size: 10,001+ employees

Founded: 1792

Company Description:

State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world
Provides investment servicing, data & analytics, investment research & trading, and investment management to institutional clients
Committed to helping clients perform better – now and in the future

Company Specialties:

Investment Management
Custodian
ETF
Financial Products
Fund Accounting
Relationship Management
Research
Trading
Investment Servicing

Company Website: StateStreet.com

ASSUMPTION: State Street is a well-established and respected company in the financial services industry, with a strong global presence and a commitment to helping its clients succeed.

📊 Role Analysis

Career Level: Executive

Reporting Structure: This role reports directly to the Conversion Manager and may have supervisory responsibilities over conversion team members

Work Arrangement: On-site with occasional remote work, including some weekend and off-hours activity

Growth Opportunities:

Potential advancement to a senior leadership role within the conversion team or related departments
Opportunities to gain experience in various aspects of financial services and transformation projects
Possibility to work on high-profile client programs and contribute to the company’s strategic initiatives

ASSUMPTION: This role offers significant growth potential for the right candidate, with opportunities to develop leadership skills, gain exposure to senior stakeholders, and contribute to the company’s success.

🌍 Location & Work Environment

Office Type: Corporate headquarters

Office Location(s): Boston, Massachusetts, United States

Geographic Context:

Boston is a major hub for the financial services industry
Known for its robust economy, diverse culture, and high quality of life
Offers easy access to public transportation, cultural attractions, and outdoor activities

Work Schedule: Full-time, with occasional weekend and off-hours work required

ASSUMPTION: The ideal candidate will be comfortable working in a fast-paced, dynamic environment and be able to adapt to changing priorities and deadlines.

💼 Interview & Application Insights

Typical Process:

Online application submission
Phone or video screening
On-site or virtual interview with hiring manager and team members
Final round interview with senior leadership
Background check and offer

Key Assessment Areas:

Problem-solving skills and ability to think critically
Communication and presentation skills
Leadership and team management abilities
Technical knowledge of data conversion, project management, and capital markets
Adaptability and resilience in the face of challenges

Application Tips:

Tailor your resume and cover letter to highlight relevant skills and experiences for this role
Prepare for behavioral interview questions that focus on your problem-solving skills, leadership experiences, and ability to work in a fast-paced environment
Research State Street’s company culture and values to demonstrate your fit for the organization
Be ready to discuss your understanding of the role, the company, and the industry

ATS Keywords: Alpha Conversion, Migration, Cutover, Conversion, Project Management, Data Conversion, Capital Markets, Executive Presence, Stakeholder Communication, Team Coordination, Financial Services, ATS, Resume Optimization

ASSUMPTION: The interview process for this role will focus on assessing the candidate’s problem-solving skills, leadership abilities, and technical knowledge. The ideal candidate will be able to demonstrate their fit for the role and the company culture.

🛠️ Tools & Technologies

Microsoft Office Suite (Word, Excel, PowerPoint, Visio, SharePoint, Access)
Microsoft Project or JIRA (or other project management software)
SQL databases and data warehouses
Relevant financial services software (e.g., RKS, CRIMS, Eagle, PAM, Portia, WSO)

ASSUMPTION: The ideal candidate will have experience with the listed tools and technologies and be comfortable learning new software as needed.

👔 Cultural Fit Considerations

Company Values:

Integrity
Commitment to Clients
Wisdom
Innovation
One State Street

Work Style:

Collaborative and team-oriented
Results-driven and focused on delivering excellence
Adaptable and open to change
Committed to continuous learning and improvement

Self-Assessment Questions:

How do your personal values align with State Street’s core values?
Describe a time when you had to adapt to a significant change in your work environment. How did you handle it, and what was the outcome?
How do you approach working with diverse teams and stakeholders to achieve common goals?

ASSUMPTION: State Street values candidates who are aligned with their core values, demonstrate strong work ethic, and are committed to continuous learning and improvement.

⚠️ Potential Challenges

Managing multiple projects and deadlines simultaneously
Working with diverse teams and stakeholders, including clients and internal business units
Adapting to changing priorities and requirements
Occasional weekend and off-hours work
Occasional travel for client or global team onsite visits

ASSUMPTION: The ideal candidate will be comfortable working in a fast-paced, dynamic environment and be able to adapt to changing priorities and deadlines.

📈 Similar Roles Comparison

This role differs from related positions in its focus on Alpha E2E and middle office recordkeeping conversion activities, as well as its requirement for strong leadership and project management skills
In the financial services industry, this role is comparable to a Senior Conversion Manager or Transformation Program Manager, with a focus on capital markets and data conversion
Career path comparison: This role can lead to senior leadership positions within the conversion team or related departments, as well as opportunities in other areas of financial services

ASSUMPTION: The ideal candidate will have experience in similar roles or related fields and be able to demonstrate their fit for this specific position.

📝 Sample Projects

Leading a successful Alpha E2E conversion for a major financial institution, resulting in minimal downtime and a smooth transition to BAU
Managing a team of 10+ conversion specialists to complete a middle office recordkeeping conversion within a tight deadline, with a 99% accuracy rate
Collaborating with internal product teams to define a conversion approach and timeline for a complex client onboarding project, ensuring a seamless transition to the new platform

ASSUMPTION: The ideal candidate will have experience with similar projects and be able to provide specific examples of their achievements in this area.

❓ Key Questions to Ask During Interview

Can you describe the most challenging conversion project you’ve led, and how you handled any unexpected issues that arose?
How do you approach collaborating with cross-functional teams and stakeholders to ensure a successful conversion event?
Can you walk me through your process for defining a conversion approach and timeline for a new client onboarding project?
How do you ensure data quality and accuracy throughout the conversion process?
Can you discuss a time when you had to adapt your leadership style to better suit the needs of your team or the project?

ASSUMPTION: The ideal candidate will be able to provide thoughtful and insightful responses to these questions, demonstrating their understanding of the role and their fit for the company.

📝 Next Steps for Applicants

To apply for this position:

Submit your application through this link
Tailor your resume and cover letter to highlight relevant skills and experiences for this role
Prepare for behavioral interview questions that focus on your problem-solving skills, leadership experiences, and ability to work in a fast-paced environment
Research State Street’s company culture and values to demonstrate your fit for the organization
Be ready to discuss your understanding of the role, the company, and the industry
Follow up with the hiring manager one week after your interview to express your continued interest in the position

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.

Apply now

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