Job Description
The successful candidate will be responsible for defining, planning and implementing technology solutions to achieve Collateral Management strategic directives and industry/regulatory mandates. The individual will be responsible for working with Business and Technology counterparts across global sites as a Product Owner / Sr. Business Analyst and use their knowledge of the business systems, industry, and system development lifecycle methodology to direct the execution of complex projects throughout their life cycle.
Objectives:
- Implement a comprehensive collateral management platform that services client needs, drives simplification, and reduces redundant collateral capabilities bank wide
- Implement optimization capabilities leveraging existing rules engines and designing & executing an end-to-end process flow, working with both the business and development teams, by acting in the capacity of a Product Owner.
- Implement standard, simplified data management and systems integration to ensuring flexible, robust overall offering.
Want more jobs like this?
Get jobs delivered to your inbox every week.
Major Responsibilities:
- Lead very complex and challenging business/system requirements working session by facilitating strategic user meetings.
- Work with business team to understand requirements and develop wireframes and articulate the vision to the development team and oversee end-to-end development lifecycle.
- Responsible for designing and executing an end-to-end data and process flow working with both the business and development team. Establishing end-to-end connectivity across the eco-system including SWIFT.
- Decompose abstract and complex details/concepts into business and functional requirements that can be understood by the stakeholders (i.e. end users, developers, testers, etc.)
- Document project requirements and other project related documents with clear and concise language consistent with methodology framework.
- Work with the project team to develop and manage project plans including issue resolution and risk mitigation
- Consult with users, developers, testers, and implementation specialists.
- Direct the development of end user training plans, (business level) user acceptance test plans, and implementation plans; communicates to senior management and business representatives.
- Instruct, guide and supervise project team in the resolution of issues, risks and impediments.
- Partner with technology and business managers providing overall strategic leadership in developing and maintaining disciplined processes.
- Ensure governance with the project methodology standards, documentation, and approvals (e.g. project artifacts, tollgates, etc.)
- Manage participation from required stakeholders to ensure accurate deliverables
- Manage cross team dependencies with other business and IT areas.
Skills and Experience:
- Minimum of a Bachelor's degree in technology, finance, business or equivalent.
- At least 15+ years of related professional financial services, with 5+ years in Collateral Management.
- Background in software implementation in the Financial Services industry working as a Business Analyst and/or Product Owner.
- Experience in Colline, Apex, Cloud Margin, etc would be a plus.
- Good working knowledge of relational and object stores with hands-on SQL experience.
- Excellent knowledge of Trade Flows, Security Reference & Market Data, Valuations, Benchmark Data, and designing end-to-end operational data flow architecture.
- Development experience in Collateral Management applications is highly desired.
- Experience in custody and settlement workflows using SWIFT for security & cash movements.
- Proven experience implementing financial systems using standardized SDLC methodologies and tools (e.g. AGILE).
- Superior verbal and written communication skills, presentation and facilitation skills.
- Very strong management, project management and leadership skills.
- High Level of proficiency in Excel, Access, VBA and Visio tools would be desired.
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
Why this role is important to us
Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.
We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.
Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs 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.
Salary Range:
$110,000 - $185,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line