Global Custody Product Development - Manager

As an Officer in Global Custody Asset Servicing, your role will involve supporting the Asset Servicing Product Development agenda by partnering with the Product team, Global Delivery, and Technology. You will be responsible for executing overall custody product development initiatives to strengthen State Street's position in the industry. Your focus will be on building out the product owner, SME/BA capabilities within the Asset Servicing practice in Custody across all key segments like asset managers, asset owners, SWF, and FIs. Key Responsibilities: - Initiate and support designing, developing solutions, and closing product gaps to enhance client experience and operating framework. - Assist in creating a clear Asset Servicing product roadmap in collaboration with Custody Product Development head. - Support the development and analysis of product-related change, including business cases and prioritization. - Ensure change remains aligned with existing regulations and internal policies. - Lead and direct agile team members working on defect identification, triage, and remediation. - Support annual planning and funding prioritization activities. - Oversee archival of documentation associated with development and implementation activities. Qualifications Required: - Good grasp of asset servicing product and operational background. - Strong analytical skills. - Prior experience of successfully delivering change in a complex environment using Agile and Waterfall techniques. - Proven change agent with a track record of delivery. - Strong stakeholder management skills. - Agile experience as a Product Owner or Principle Product Owner is desired. - Seasoned Officer with 7-9 years of experience in Securities Services. - Familiarity with industry integration tools and their applicability in shortening the chain of custody. - Experience in business analysis and market/client interaction. This role will provide you with an opportunity to drive the asset servicing change agenda and execute development initiatives to improve the overall operating environment for State Street. You will be expected to maintain an up-to-date understanding of regulatory headwinds, industry disruptors, and industry bodies that could impact the area. Additionally, you will have project/initiative ownership responsibilities and will need to ensure appropriate governance and audit trail on documentation of all key decisions and actions. In summary, your role will involve a split of responsibilities as follows: - Product Design & Development: 30% - Business Analysis: 65% - Market/Client Interaction: 5% As an Officer in Global Custody Asset Servicing, your role will involve supporting the Asset Servicing Product Development agenda by partnering with the Product team, Global Delivery, and Technology. You will be responsible for executing overall custody product development initiatives to strengthen State Street's position in the industry. Your focus will be on building out the product owner, SME/BA capabilities within the Asset Servicing practice in Custody across all key segments like asset managers, asset owners, SWF, and FIs. Key Responsibilities: - Initiate and support designing, developing solutions, and closing product gaps to enhance client experience and operating framework. - Assist in creating a clear Asset Servicing product roadmap in collaboration with Custody Product Development head. - Support the development and analysis of product-related change, including business cases and prioritization. - Ensure change remains aligned with existing regulations and internal policies. - Lead and direct agile team members working on defect identification, triage, and remediation. - Support annual planning and funding prioritization activities. - Oversee archival of documentation associated with development and implementation activities. Qualifications Required: - Good grasp of asset servicing product and operational background. - Strong analytical skills. - Prior experience of successfully delivering change in a complex environment using Agile and Waterfall techniques. - Proven change agent with a track record of delivery. - Strong stakeholder management skills. - Agile experience as a Product Owner or Principle Product Owner is desired. - Seasoned Officer with 7-9 years of experience in Securities Services. - Familiarity with industry integration tools and their applicability in shortening the chain of custody. - Experience in business analysis and market/client interaction. This role will provide you with an opportunity to drive the asset servicing change agenda and execute development initiatives to improve the overall operating environment for State Street. You will be expected to maintain an up-to-date understanding of regulatory headwinds, industry disruptors, and industry bodies that could impact the area. Additionally, you will have project/initiative ownership responsibilities and will need to ensure appropriate governance and audit