Global Delivery PCC Program Central Team Hiring 

Global Delivery Custody is forming a central support team for the Payments, Cash, and Custody (“PCC”) strategic development program. PCC is a multi-year effort to modernize and simplify State Streets core custody technology platforms. The program is a collaborative approach across Global Delivery, Product, and Technology with integrated planning and decision making. Key outcomes include ensuring STT meets regulatory and market processing requirements, demands of current clients, and creating a world class, competitive Custody product offering. The Global Delivery PCC team will work closely with IT and Product to drive  the strategy and execution of PCC program components. This team will be responsible for ensuring effective end product design and client migrations;    

Over the next 3-5 years State Street will deploy a next generation platform infrastructure that will be the foundation of our custody operating model and help drive our goals to improve service delivery, quality, resiliency, and productivity optimization Some of the key specific efforts include modernization of Payments, Cash and Custody services, including; 

Replacing IBS/Hogan DDA infrastructure with Temenos Transact platform 

SWIFT ISO 2002 format support migration 

Modernize our payments platforms including retirement of MTS and making RTPS ISO 2022 compliant   

Enhance screening capabilities and integration with FIRCO platform 

Consolidation and modernization of cash initiation platform with deployment of Dragonfly 

GD focus areas will include ensuring GD business needs are achieved through the program, development spend and prioritization aligns with GD overall strategy,  GD meets its obligations to the program, and to ensure effective platform conversions and overall business readiness  

The central team will integrate with other PCC governance supporting Technology and Product and work with Global Simplification leadership to be aligned on initiatives and dependencies    

The GD PCC Program team is being established to serve as a central point of coordination of deliverables across Global Delivery for the PCC programs individual development initiatives 

PCC Team Members of the team will have the opportunity to: 

Engage in a diverse group of initiatives 

Help to define the future State Street Custody model 

Interact with multiple levels of management 

Enhance key strategic, communication, and leadership skills 

Why this role is important to us 

Over the next 3-5 years State Street will deploy a next generation platform infrastructure that will be the foundation of our custody operating model and help drive our goals to improve service delivery, quality, resiliency, and productivity optimization.  

What you will be responsible for 

Analyze business needs, Analyze business requirements, perform gap analysis 

Create process flow diagrams 

Review & provide feedback on system design/specification documents.   

Ability to understand future state operating model and assist with the creation of business procedures. 

Schedule and facilitate meeting and related documentation (agenda, meeting minutes, RAID logs etc.) 

Manage Stakeholders, Report progress, risks and issues to Project Lead 

Support User Acceptance Testing, Design & Execute Test Cases 

Participate in End-to-End System Testing 

Support Pre-Production Parallel to ensure integrity of system data and operational requirements are clear, tested, and fully adopted 

Support misc. operational readiness activities such as user ID admin, procedures and control documentation etc. 

. 

What we value  

These skills will help you succeed in this role 

Creative thinking 

Problem Solving 

Good collaboration 

Flexible and adaptable 

Attention to detail 

Strong communication 

Ability drive execution 

Project Management Skills 

Education & Preferred Qualifications 

3-5 years operational or project experience preferred  

Knowledge of Cash/Payment/Banking Platforms is preferred but not required  

Additional requirements 

Experience with Microsoft; especially Excel & PowerPoint 

Project management or business analysis skills is a plus but not required 

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. 

Discover more at StateStreet.com/careers 

Salary Range:

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.

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