Apprentice (Fixed Term) (Trainee)

Who we are looking for

State Street Global Advisors (SSGA) Vendor Management (VM) function is seeking to hire a Market Data/Index Data sourcing analyst for SSGA VM team Bangalore. The successful candidate will be responsible for coordinating with SSGA business (e.g., investments, Product, client-facing distribution and onboarding teams), index/market data vendors and State Street teams (e.g., Corp Procurement, DataGX, Alpha Services) and executing new index data licensing and supporting other market data needs for SSGA managed portfolios and products.

What you will be responsible for

• Collaborates with business stakeholders to identify the new index requirements, and work with index vendors to source the indices and other State Street stakeholders to execute the new index license agreements, and facilitates State Street DataGX/Alpha Services to set up the index in the systems
• Responding to and managing email inquiries and requests sent to the Appian workflow timely and effectively
• Coordinate index/market data and functionality requirements and priorities, and support time-sensitive and high impact projects of setting up new benchmark and market data
• Serve as the index sourcing SME and the escalation contact to address business inquiries
• Support developing and implementing index/market data vendor oversight program (e.g., collecting vendor feedback and facilitate new index vendor procurement engagements
• Support the quarterly index license fees reporting and invoicing process, including working with Procurement on rate card confirmation, liaise with vendors, assist GA Finance with processing
• Perform index data sourcing analytics, benchmarking, and gap identification, as well as working on process simplification and automation to improve the overall index set up workflow
• Support the SSGA business and understand their market data needs, and work with SSGA VM Boston team and Corp Procurement colleagues through the sourcing and vendor procurement process

What we value

These skills will help you succeed in this role

• Strong strategic thinker and problem solver with attention to detail
• Self-starter, able to work both independently and as part of a team; a bility to work on multiple initiatives simultaneously and deal with the inevitable surprises that are part of a dynamic environment
• Business-focused and service-oriented ; collaborate with both business and technical teams and manage challenging stakeholders diplomatically
• Willingness to take on projects and additional responsibilities on the VM function to learn constantly and grow professionally
• Familiar with index vendors and index data license fee agreement and amendments
• Understanding of market data vendor requirements related business process designs, data sourcing and transformation flows, use case models, and test cases
• Experience in the analysis, design, development, enhancement and implementation of market data vendor solutions will be a great plus

Education & Preferred Qualifications

• BA/BS Bachelor's Degree
• Investment industry, financial markets and market data general knowledge
• Proficiency in Microsoft Office suite, advance levels of Excel and other data/analytical tools (e.g., Tableau)
• Ability to independently manage projects and problem solve without handheld by management
• Personal resilience to work within an extremely fast-paced and ambiguous environment
• Highly organized, responsive and great communication skills and work under high pressure deadlines

About 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 alife, 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.

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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