Custody Product Development Manager / Lead - Core Banking

Role Overview: You will be the Value Stream Product Development lead for Banking and cash management (core banking) at the Product organization. Your main responsibility will be to partner with the Product team, Head of Product development, Global Delivery (operations), and Technology to execute overall product development initiatives. Your focus will be on driving the change and execution agenda to build the value stream Capability and services, including the platform infrastructure, product features, and enabling migration across State Street legal entities from legacy. This role aligns with Custody product strategic objectives to strengthen State Streets position in the industry. You will play a crucial part in the ongoing transformation of the business. Key Responsibilities: - Execute on the strategy and development agenda to build the strategic banking platforms and overall cash management capability - Build out value stream products to support the business - Evaluate digital asset capabilities - Deliver a clear product roadmap in collaboration with Product Development head, including prioritization and budget planning annually, with IT and Operations - Lead solution to support tranche migrations part of the business and client migration strategy - Lead the development and analysis of product-related change, including commercially-viable and client-focused business cases, with prioritization and approval of product, operational, and regulatory change - Manage and support the team to drive the change agenda and ensure change remains aligned to existing regulation and/or internal policies - Lead the capability model - design and efficiency of the operating model, standards, and technical stack/architecture, with an objective to simplify where possible working with the Product Management, Technology, and Global Delivery Qualifications Required: - Ability to apply knowledge of system behavior and business processes as well as industry knowledge and best practices to design the product and platforms - Ability to clearly articulate the impact of any changes to various stakeholders, including preparing presentations; ability to train and develop these skills in more junior team members or direct reports - Ability to oversee, review, and edit documentation to ensure completeness and clarity prior to submitting for use in developing solutions as required - Have a good understanding of Agile with respect to the role as product owners, guidance on stories and epics, establish a backlog and groom that backlog to guide the team as required - Work well within a virtual team that includes members from across State Streets global operations, product, and IT development teams, contractors, software vendors, and other industry participants to design, develop, test, and implement solutions that support current and future business requirements About State Street: At State Street, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. Join us in shaping the future. Please visit StateStreet.com/careers for more information. Job ID: R-782881 Role Overview: You will be the Value Stream Product Development lead for Banking and cash management (core banking) at the Product organization. Your main responsibility will be to partner with the Product team, Head of Product development, Global Delivery (operations), and Technology to execute overall product development initiatives. Your focus will be on driving the change and execution agenda to build the value stream Capability and services, including the platform infrastructure, product features, and enabling migration across State Street legal entities from legacy. This role aligns with Custody product strategic objectives to strengthen State Streets position in the industry. You will play a crucial part in the ongoing transformation of the business. Key Responsibilities: - Execute on the strategy and development agenda to build the strategic banking platforms and overall cash management capability - Build out value stream products to support the business - Evaluate digital asset capabilities - Deliver a clear product roadmap in collaboration with Product Development head, including prioritization and budget planning annually, with IT and Operations - Lead solution to support tranche migrations part of the business and client migration strategy - Lead the development and analysis of product-related change, including commercially-viable and client-focused business cases, with prioritization and approval of product, operational, and regulatory change - Manage and support the team to drive the change agenda and ensure change remains aligned to existing regulation and/or internal policies - Lead the capability model - design and efficiency of the operating model, standards, and technica