Alternatives and Bank Loans Accounting Workstream Lead, Vice President
State Street
- Location
- Quincy
- Employment
- Full Time
- Work model
- On-Site
- Level
- Staff
- Posted
- Aug 19, 2026
About this role
Who we are looking for In this role as Vice President – Alternatives and Bank Loans Accounting Workstream Lead, you will work with State Street teams from around the globe to support the transformation for a key State Street’s middle office clients. You will have leadership and strategy responsibility to oversee and deliver all day-to-day responsibilities of your teams in a fast-paced, flexible and exciting environment. The role will need to initiate and develop good communication and interpersonal relationships with operations, technology and client relationship teams and IT to ensure any change initiatives maintain the high level of service that is currently being provided to these clients. Why this role is important to us This is a transformation role with significant change the bank responsibility within Middle Office Services. Alternatives and Bank Loans are complex, high-touch segments that require dedicated leadership due to specialized accounting, transaction processing, settlement, lifecycle event, and data requirements. This VP will play a critical role in defining the future-state operating model, validating in-scope services, identifying standard versus non-standard requirements, and ensuring the Accounting workstream is positioned for successful migration, testing, and long-term operational sustainability. What you will be responsible for The role will be responsible for the following deliverables: Lead the Alternatives and Bank Loans Accounting workstream through current-state assessment, target-state design, business requirements, solution documentation, testing strategy, migration planning, and operational readiness. Own delivery of workstream objectives, milestones, dependencies, risks, issues, decisions, and action items in coordination with Program Delivery, workstream project managers, business analysts, and technology partners. Serve as a senior product and operations lead for Alternatives and Bank Loans accounting processes, lifecycle events, settlement directives, cash activity, position and cash reconciliations, P&L, accounting feeds, and downstream operational outputs. Validate the accuracy and completeness of current-state process documentation, data flows, pain points, system dependencies, manual touchpoints, and control gaps. Partner with Product and Technology teams to assess fit to State Street standard capabilities and support definition of target-state architecture, interim-state solutions, non-standard process requirements, and business requirements documentation. Provide workstream sign-off for deliverables including target-state architecture inputs, detailed solution documents, business requirements, non-standard solution design, testing strategy, implementation plans, and operating model documentation. Coordinate with Bank Loans, Alternatives, Transaction Management, Investment Accounting, Reconciliation, Cash, Data, Account Services, and Technology workstreams to identify design dependencies and integration points. Lead engagement with subject matter experts and operational teams to confirm service scope, process ownership, control requirements, data requirements, and operational impacts. Act as a primary escalation point for workstream risks, blockers, unresolved decisions, and cross-functional dependencies. Ensure workstream reporting accurately reflects status, risks, issues, milestones, decisions, and delivery health before program governance reviews. Support migration strategy by helping define tranche sequencing, readiness criteria, testing approach, cutover considerations, hypercare requirements, and business-as-usual transition plans. Drive issue resolution across internal teams and client-facing forums by translating complex operational and accounting topics into clear actions and decisions. Promote process standardization, automation, risk reduction, and control strengthening across Bank Loans and Alternatives accounting activities. Partner with global operations teams to