Payments Cash and Custody, Senior Associate Who we are looking for
Global Delivery Custody is forming a central support team for the Payments, Cash, and Custody ("PCC") strategic development program. The team you will be joining is a part of PCC, 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 oues include ensuring STT meets regulatory and market processing requirements, demands of current clients, and creating a world class,petitive Custody product offering.
You have a strong understanding of the global payments infrastructure as well as the various modernization initiatives across markets and Financial Market Utilities. You have extensive experience conducting Business User Acceptance Testing and demonstrated ability to act as a liaison between operational, project and technology teams, vendors and external industry groups working on large scale cross-platform high risk projects.
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
1. Actively attain SME level knowledge and understanding of business processes and flows via in-depth analysis of workflows and Standard Operating Procedures
2. Actively participate in test strategy development and planning
3. Perform business user acceptance testing
4. Perform all required industry testing applicable to State Street's payments infrastructure FedWire, CHIPS, Swift Standards, CHAPS, LYNX, RITS, CHATS etc.
5. Triage, track and report post implementation issues and defects
6. Be the voice of the business, articulate and champion business requirements
7. Collaborate across teams to coordinate testing activities across platforms
8. Clearly and conciselymunicate defects and expected results to IT and project partners
9. Build meaningful and effective relationships with business, project and IT teams across the organization
10. Think outside the box to identify and rmend opportunities to improve operational workflows through technology
11. Assist business teams with implementation planning and support including creation and updates of relevant standard operating procedures and guides as well as hands on training
What we value
These skills will help you succeed in this role
12. Understanding of the global payments infrastructure including SWIFT (MT, ISO20022), LYNX/LVTS, CHAPS, FedWire, CHIPS, CHATS, RITS etc.
13. Understanding of liquidity management principles and processes as it relates to global payment settlement systems and correspondent banking models
14. Excellent interpersonal andmunication skills
15. Demonstrated ability to manage testing activities
16. Excellent problem solving and analytical skills, attention to detail and organization
Education & Preferred Qualifications
17. 1-3 years testing or project experience preferred
18. You can demonstrate in-depth knowledge of payment flows and the SWIFT network
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligencepanies 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 arepetitive andprehensive. 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 wee the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with ourmunities 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/careers
Job ID R-745800