India Head of Insurance Accounting
3 weeks ago
Who we are looking for
This is a key leadership position in Global Delivery India, as well as the India Fund Accounting & Administration management team.
Within Global Delivery, the Accounting teams are responsible for delivering core services to State Street end customers. The Head of Insurance Accounting is directly accountable for positive and consistent service delivery and client outcomes. The Accounting functions support US, European & Middle East clients.
This role also requires significant leadership within the region/location and legal entity.
While this role is advertised to be in Hyderabad/Coimbatore, as such the role could be location agnostic in a location where we have a significant presence in India.
What you will be responsible for
As Head of Insurance Accounting, you are responsible for implementing strategy and delivery.
Reporting to the Head of India Fund Accounting & Administration and ensuring services are meeting or exceeding State Street Standards globally. Ensure timeliness and accuracy across all relevant functions. Directly accountable for the production and deliverables performed by State Street India Work closely with the global heads to develop, monitor and action the business plan and budgets for those business activities performed at State Street India in line with corporate and division goals. Ensure that the business has the right resources, including staff, training, oversight and control functions, IT and financial, to operate effectively. Drive continuous improvement: productivity, quality, and Risk Excellence; key KPI’s include driving down aged defects and budgets. Identify and develop opportunities for transformation and capacity creation. Ensure teams are in compliance with internal and external regulations and follow escalation procedures. Ensure that all procedures are reviewed regularly, and that proposed changes are vetted with the global heads prior to implementation in order to maintain global alignment. Conduct periodic business reviews ensuring associated risks are identified and managed and remedial action is taken where appropriate. Ensure that appropriate management information is produced and reviewed at regular intervals. Proactive expense management, including headcount, in line with the budget.What we value
These skills will help you succeed in this role
Focus on client outcomes, problem solving, cooperating and communicating with rest of organization to achieve shared success Maintain the highest standards of conduct and integrity within the business Support a culture of effective challenge to ensure appropriate governance, and one that supports the core values of State Street Collaborative leadership and work styleEducation & Preferred Qualifications
18 years + experience in financial services, presently in a leadership role managing large operations Technical knowledge of fund accounting activities and associated regulations Navigate a large, global organization. Build meaningful relationships and develop an effective network Work successfully in a matrixed environment. Effectively manage multiple stakeholders, determine highest priorities for the organization, identify and resolve contention between directives Proven leadership skills as well as managing and developing a high performing operations team Experience interfacing at a senior level with Clients, service providers and Regulators Proven track record of achieving/exceeding financial goals through expense discipline and headcount management Experience with change management programs in sponsorship, leadership roles Demonstrated ability to execute under challenging circumstances and deliver targeted outcomes Demonstrated ability to manage, coach and influence colleagues and virtual team members Cross-cultural awareness and the ability to connect with colleagues globally in a collaborative, open work environment. To serve as a role model of acceptance and flexibility in dealing with colleagues with varying backgroundsAdditional Requirements
Willingness for regular business travel Willingness to working in different time zonesAbout 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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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
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