Fund Accounting, Assistant Vice President
About The Position
The PCC Program is an enterprise-wide effort at State Street aimed at modernizing and simplifying its custody infrastructure, including cash and payment processing. The GD Program Lead for State Street Payment Hub is a critical role responsible for defining the future design of payment initiation capabilities, developing strategies for migrating off legacy platforms, and ensuring effective execution of program activities within the Global Delivery organization. This role involves collaborative work with clients, internal business units, Product, and Technology to assess current operating structures, understand best practices, evaluate vendor technologies, create plans to improve controls, and lead the transition to a more strategic operating model. The team is part of State Street's investor services organization, which provides asset owners and managers with services and tools for effective investment solutions, including core custody, accounting, fund administration, shareholder recordkeeping, and operations solutions for alternative assets. State Street is a global leader in financial services, offering investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.
Requirements
- Experience supporting banking services functions and/or ability to build an understanding of operational and technical best practices
- Ability to work with business management to understand controls and design streamlined processes
- Experience with operating model designing and leading business execution for technology platform migrations
- Ability to collaborate across business, clients, vendors, technology and external sources
- Ability to thrive in a dynamic environment and support and champion a change culture
- BS Degree in Banking, Finance, Economics or other relevant qualification
- Minimum 10 years of experience in the Financial Services industry, preferably related to banking and payment services
- Experience with operating model and technology platform design
- Strong analytical and leadership skills
- Excellent verbal and written communication skills
- Experience in change management and project management
Responsibilities
- Lead analysis on current operating structure of payment initiation activities and propose strategic future state technical and control environment
- Work with business leadership, vendors, and other industry sources to understand best practices
- Establish and manage, in conjunction with business management, tactical and strategic projects to execute on the strategy prepare for PCC program migrations
- Design and execute plans with clients and internal teams to ensure effective migration of from legacy platforms to State Street Payment Hub
- Provide leadership for other Transact Program related workstreams as member of the broader Transact program leadership
Benefits
- competitive and comprehensive benefits packages
- generous medical care
- insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- savings plans
- retirement savings plan (401K) with company match
- flexible Work Programs
- wealth of development programs and educational support
- inclusive development opportunities
- flexible work-life support
- paid volunteer days
- matching gift programs
- access to employee networks
- paid-time off including vacation, sick leave, short term disability, and family care responsibilities
- access to our Employee Assistance Program
- incentive compensation including eligibility for annual performance-based awards
- eligibility for certain tax advantaged savings plans
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
5,001-10,000 employees
