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Vice President of Alpha Cash Services

2 months ago


Sacramento, California, United States State Street Full time

Overview of the Role:

The Alpha Cash Services team at State Street is in search of a dynamic individual to fill the Vice President position. This role requires a robust background in product development, lifecycle management, and business analysis, aimed at enhancing our suite of services and product offerings. The ideal candidate will be responsible for crafting and executing business solutions and strategies that align with our Alpha Cash services roadmap. This position necessitates collaboration with cash product implementation and data integration teams to ensure successful product execution and adoption.

Importance of This Role:

At State Street Alpha, we integrate data and capabilities throughout the investment lifecycle, empowering our clients to make informed decisions, scale effectively, and optimize returns. The successful candidate will possess the analytical skills necessary to navigate our intricate business service flows across various operational models, with a keen focus on cash management and liquidity support services. This role will also involve leading the design of strategic solutions, business architecture, and service offerings while overseeing program execution and reporting.

Key Responsibilities:

  • Forge strong partnerships with project sponsors and stakeholders across Operations, Technology, and product teams to drive cross-functional business solutions that align with client and organizational objectives.
  • Serve as a bridge between business and technology teams to support product demand opportunities within the framework of product strategy and development.
  • Design, develop, and implement products aimed at clients. - Utilize Agile methodologies to drive analysis and design, fostering a culture of continuous delivery. - Demonstrate a comprehensive understanding of investment management processes and various asset classes.
  • Collaborate with business and technology partners to establish clear links between business objectives, strategies, and the necessary data and technology investments.
  • Collect business/system requirements through user/client meetings and stakeholder engagement. Document implementation requirements related to cash and develop use cases to clarify these requirements.
  • Identify, compile, analyze, and document business requirements that accurately reflect organizational needs and changes.
  • Assist in developing conceptual and logical data models with relevant business contexts.
  • Present recommendations to management and senior Alpha business leaders through effective written and verbal communication.
  • Foster a customer-centric, team-oriented culture, mentoring and developing team members.

Desired Skills and Qualifications:

To excel in this role, the following skills are essential:

  • Proficiency in creating business process flows and defining business challenges, solutions, and designs using tools such as Visio.
  • Demonstrated experience in business requirements analysis to address critical business needs, with a proven ability to drive tasks to completion.
  • Familiarity with developing operating models and control/workflow capabilities.
  • Strategic mindset with strong business analysis and planning capabilities, able to identify and interpret broader issues.
  • Exceptional time management and organizational skills, capable of handling multiple competing priorities.
  • Creative and strategic thinking with a focus on achieving results. - Experience in writing features and requirements.
  • Experience in a Product Owner role utilizing Agile methodologies.
  • Relevant experience in financial services with a solid understanding of State Street's operations.
  • Strong grasp of Operations processes and procedures, with a quick learning ability.
  • Excellent interpersonal, communication, facilitation, presentation, and negotiation skills.
  • Proficiency in MS Office Suite; including MS Access, Visio, Jira, Confluence, and PowerPoint. - Proven excellence in business writing and developing business process flow diagrams.

Educational Background:

  • Bachelor's degree in finance, Management Information Systems, Information Technology, or a related field.
  • Over 12 years of experience in data analysis, operations, or product management.
  • Capability to write SQL code for data analysis.

About State Street:

State Street stands as one of the world's largest custodian banks, asset managers, and asset intelligence firms. We are committed to innovation in technology and products, significantly impacting the financial services sector. For over two centuries, we have been dedicated to safeguarding and managing the investments of millions. Our services encompass investment servicing, data and analytics, investment research and trading, and investment management for institutional clients.

Commitment to Employee Growth:

We strive to cultivate an exceptional work environment. Our benefits packages are competitive and comprehensive, varying by location. Employees can expect generous medical care, insurance, and savings plans, among other advantages. Flexible work programs are available to help meet individual needs, and our extensive development programs and educational support are designed to help employees reach their full potential.

Inclusion and Diversity:

We believe that our employees' diverse backgrounds, experiences, and perspectives are vital to fostering an inclusive environment where everyone can thrive. We welcome candidates from various origins, backgrounds, abilities, ages, sexual orientations, gender identities, and personalities. State Street is committed to engaging with communities globally, both as a partner and a leader. Employees have access to resources that help balance their professional and personal lives, including paid volunteer days and matching gift programs.

State Street is an equal opportunity and affirmative action employer.

Salary Range:

$110,000 - $177,500 Annual

The salary range mentioned applies to the primary location specified. If the candidate works outside of this primary location, the applicable range may differ.