State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management, market research and trading. With $28.4 trillion in assets under custody and administration and $2.48 trillion in assets under management State Street operates in 29 countries and more than 100 geographic markets and employs over 29,000 worldwide promoting a culture of excellence.
At the moment we are looking for candidates for
Depositary Manager with Italian, Officer
Location: Gdańsk, pomorskie
JOB ID: R-604277
to join the insource organization supporting the State Street EMEA
Why State Street Bank Poland?
Operating in Europe since 1970 State Street services clients in multiple locations. State Street Bank Poland was established in 2007 in Kraków. Today State Street Bank Poland employs over 2000 staff members at three sites across the city. Our Kraków office provides investment fund accounting and related services to clients of multiple State Street locations and business units across Europe. We offer positions in a challenging, rapidly changing and international environment. There are multiple opportunities to gain experience in diverse areas of the investment fund cycle. State Street offers a significant scope for personal growth and career progression. Throughout your career at State Street you will be provided with a wide range of training opportunities and internal mobility options as well as individual development plans, attractive benefits and an excellent remuneration package. The continuous development of our employees from day one is critical as we continually seek to develop and expand the local management team and create future leaders from within.
Grow your career at State Street
From technology and product innovation to corporate responsibility and community development, we’re making our mark on the financial services industry. We’re a global company with diverse people and experiences, and a network of over 35,000 employees spanning more than 100 markets. For us, success comes from the impact our employees have – on our clients, our communities and each other.
We’re committed to providing an inclusive environment where all employees feel valued and supported. Join us and make your mark at State Street.
Purpose Of Role:
The Depositary Manager is responsible for managing the Depositary Group. In order to efficiently and effectively manage the operations of the Depositary, the Team Manager focusses in particular on the following:
Goal setting and organizing
The Depositary Manager (Officer) sets the operational goals for the Depositary group as a whole, and the operational and personal development goals for the individual team members including Depositary Team Leaders. This includes:
- Assigning and communicating responsibilities within the team.
- Managing the work flow of the team.
- Discussing on a weekly basis the priorities for that week with the Team Leaders.
- Setting clear, realistic, and challenging development goals for Team Members and Team Leaders.
- Chairing a regular Team Meetings and assuring any action points are clearly allocated and time framed.
Observing and supporting
The Depositary Manager (Officer) observes the status of the operations and provides additional management attention whenever needed. This includes:
- Quality controlling the work conducted both in terms of quantity (finishing the daily tasks) and quality (outcome of the work). Focus points for quality control are: timeliness, accuracy, and completeness of work conducted. Discussing the outcomes with the Depositary Team Leaders and/or agreeing on a resolution plan where necessary.
- Hosting regular one-on-one meetings with Depositary Team Leaders, providing feedback, and give or arrange coaching where necessary.
- Hosting performance reviews. Describe the witnessed development of the team member and agree on the focus points for the coming months.
- Managing any interpersonal conflicts within the Depositary Group.
Risk management and management information
The Depositary Manager (Officer) manages the risks within the Depositary Group, on an operational and a human resources level. The Depositary Manager keeps the Department Senior Manager or Head (AVP or VP) informed of problems and successes within the Depositary Group. This includes:
- Demonstrate deep understanding of UCITS and AIFMD regulations.
- In depth knowledge about Investment Fund lifecycle and understanding the interactions between all parties involved.
- Conducting resolution sessions with team members when needed due to quality of work or communication style issues.
- Ability to identify process risks, propose immediate remediation actions and implement successfully.
- Meeting with the Department Senior Manager or Head (AVP or VP) on a regular basis and assuring that after this meeting, the Department Head is aware of:
- Any issues regarding the timeliness, accuracy and completeness of all work conducted within the Depositary Group.
- Any needs that need addressing, whether technical or staffing based.
- Ensure team/group is achieving accuracy and meeting pre-determined deadlines
- Carry out responsibilities fairly and impartially; create and maintain an engaged work environment and ensure appropriate communications channels are in place
- Assist in developing and implementing new workflow approaches and methods as well as system enhancements
- Collaborate with internal and external groups to identify, analyze and proactively resolve issues
- Key point of contact for internal clients when urgent needs arise
- Authority to hire, discipline, control work and terminate employment for direct reports and broader team as needed
- Provide coaching and development opportunities to staff
- Accountability and responsibility for completing and delivering performance reviews on time
- Ensure SOPs/regulations are met and escalate as needed
- Product expert for COE. Comprehensive and demonstrated knowledge of overall process and operating model
- Identify all risk issues, breaches and suspicious transactions and act in accordance with the 'risk' escalation chain and operating procedures
- Implement and communicate to staff, advise changes to the risk framework and/or escalation chain
- Perform related duties as assigned
To be successful in this role, your experience should include:
- 4+ years experience in finance, custody or fund administration would be recommended
- Degree in Accounting or Finance or Business related area
- ACCA/CIMA/ACA/CPA/CFA qualified or part qualified an advantage
- Strong leadership, management, and organizational skills
- Ability to work on own initiative
- Ability to work under pressure and to tight deadlines
- Attention to detail
- Fluency in Italian and English
- Flexible working hours
- Employee savings plan
- Premium life insurance package
- VIP medical package
- International operating environment
- Language classes
- Soft skills trainings
- Technical workshops
- Development sessions with a mentor
- Diversity of opportunities across a range of challenging and highly complex activities
- Technical or leadership career pathway
To apply to this position, follow the "apply now" link. To locate this position in our application page, please use the KEYWORD search functionality and insert either the State Street Job ID or the Location.
As a first step we ask all candidates to fill out our online application form. Please enclose the CV in English and remember to save this document without any Polish characteristics also in file name.