Cash Processing Transformation Analyst, Senior Associate

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 pivotal 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

As part of the GD Transact Value Stream:

• Help training application users on new functionality/features.
• Develop Training Plan & Training Material
• Execute Delivery of Training, Develop Change Communication Plan.
• Evaluate effectiveness of training program and collect feedback.
• Participate in configurations, data mapping, and system implementation tasks.
• Manage Stakeholders, Report progress, risks, and issues to Project Lead
• Support User Acceptance Testing, Design & Execute Test Cases
• Help Perform End-to-End System Testing
• Support BUAT and Pre-Production Parallel to ensure integrity of system data and operational requirements are clear, tested, and fully adopted.
• Support operational readiness activities such as user ID admin, procedures, and control documentation etc.

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What we value

These skills will help you succeed in this role.

• Creative thinking
• Problem Solving
• Good collaboration
• Flexible and adaptable
• Attention to detail.
• Effective 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 are making our mark on the financial services industry. For more than two centuries, we have been helping our clients safeguard and steward the investments of millions of people. We provide investme