Head of Asset Servicing Business Transformation, Managing Director

State Street Corporation; City of Edinburgh; On-site; GBP 85,000 - 120,000; Full time

Job summary

A leading financial services firm in Edinburgh seeks a Head of Asset Servicing Business Transformation to manage strategic initiatives. The role involves developing and implementing business strategies to improve efficiency and compliance. Candidates should possess over 10 years of experience in financial services, strong leadership, and operational skills. This position offers an opportunity to shape the future of asset servicing and make a significant impact.

Benefits

Flexible work-life support

Paid volunteer days

Inclusive development opportunities

Qualifications

• 10+ years of experience in financial services with a focus on custody.
• 6+ years of leadership experience required.
• Strong analytical skills necessary.
• Exceptional interpersonal skills necessary.

Responsibilities

• Lead and manage transformation initiatives in asset servicing.
• Develop a business transformation strategy enhancing operational efficiency.
• Oversee operational changes ensuring compliance and high-quality delivery.
• Engage with global stakeholders to drive projects.

Skills

Deep subject matter expertise in global custody

Client engagement skills

Leadership abilities

Strong understanding of operational processes

Team player

Education

Bachelor’s degree or equivalent

Job description

JOB DESCRIPTION

As the Head of Asset Servicing Business Transformation, you will be responsible for leading and managing the transformation initiatives within the Global Corporate Actions and Income functions. This role requires a strategic thinker with strong leadership skills and a deep understanding of global custody and asset servicing operations.

Key Responsibilities

• Lead and manage the transformation initiatives within the asset servicing business to ensure alignment with corporate goals and objectives.
• Develop and implement a comprehensive business transformation strategy that enhances operational efficiency, client service delivery, and regulatory compliance.
• Oversee the execution of operational changes within the global asset servicing teams, ensuring high-quality service delivery and adherence to internal and external audit controls, compliance, risk management, and business continuity.
• Engage with global and regional stakeholders to drive the successful delivery of transformation projects.
• Lead and deliver on strategic projects, ensuring that all initiatives are completed on time and within budget.
• Report regularly to corporate and regional committees on the progress of transformation initiatives and other relevant matters.

Managerial Responsibilities

• Manage a team of people, fostering a culture of 'Risk Excellence' and ensuring that staff are motivated, developed, and supported.
• Establish and monitor systems of control, delegated authority, and escalation procedures to ensure compliance with internal policies and external regulations.
• Develop effective working relationships and communications with staff, ensuring that they have a clear understanding of their roles, responsibilities, and objectives.
• Ensure that the team has the necessary skills and competencies to perform their roles effectively.

Why this role is important to us

The team you will be joining is a part of State Street Global Delivery (SSGD). SSGD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGD’s tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Skills and Experience

• Senior-level, experienced talent with deep subject matter expertise in global custody and the broader asset servicing product set.
• Proven track record of working with large, complex clients and establishing strong partnerships at all levels.
• Excellent client skills and the ability to engage at all levels within an organization.
• Strong understanding of operational processes across all aspects of global custody.
• Strong leadership skills and the ability to effectively manage and mentor staff.
• Proven ability to execute on deliverables and strategic vision.
• Solid understanding of IT solutions to create the optimal operational model.
• 10+ years of experience in financial services, with prior experience in custody, banking, or asset management.
• Strong team player who can thrive in a large, complex global organization.

Education & Preferred Qualifications

• Bachelor’s degree or equivalent industry-recognized qualification.
• 10+ years of experience with custody operations.
• 6+ years of leadership experience.
• Exceptional interpersonal and communication skills.
• The ideal candidate will be well-organized, detail-oriented, and analytical, with the ability to handle multiple assignments and work efficiently under pressure.

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.

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