At a Glance
- Tasks: Join us as a Data Analyst to drive our custody data strategy and enhance our data-driven operating model.
- Company: State Street is a leader in Asset Servicing, transforming the industry with innovative solutions.
- Benefits: Enjoy a dynamic work environment, opportunities for growth, and a chance to make an impact.
- Why this job: Be part of a transformative team that values data insights and innovation in a global setting.
- Qualifications: 3-6+ years in Securities Services with strong analytical skills and experience in data solutions.
- Other info: Work collaboratively with technology and operations while presenting insights to senior management.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Global Custody Product Development Data Analyst – AVP
The Product organization is recruiting a data analyst supporting the Data Management lead globally.
The individual will partner with the Product team, Global Delivery (operations) and Technology to execute on the custody data strategy particularly focused on cloud native data platform, custody logical data model, data channels, and data insight progression of analysis, visualization and prediction, in alignment with Custody product\’s strategic objective to strengthen State Street\’s position in the Asset Servicing industry. State Street\’s product organisation is leading an exciting period of transformation for the business and requires experienced leaders to take the business forward.
The role will initiate and support the design and development of solutions closing identified data gaps in alignment with the strategy to build a data driven operating model.
Function
As an experienced data analyst you will work with the data practice lead to effectively execute on the overall strategic agenda described above. The role reports to the product development data management lead.
The role requires you to be proactively involved in the assessment of available market intelligence (trends, innovations, standards and tools) and stakeholder feedback (clients and coverage/product management) to support the evolution of the custody business data needs.
Responsibilities
- Execute on the strategy to build a data driven operating model partnering with technology, office of architecture, operations and enterprise data management covering:
- Data governance and quality
- Logical data modeling based on ISO20022 standards to be aligned with the custody operating model
- Data channels – Lead design and support of SDLC as Product Owner supporting custody APIs and enhancements to client data reporting portals. Alignment of ISO based logical data model to custody capabilities and data consumption marts supporting distribution channels.
- Data insights – work with the huge quantity of raw data collected and develop relevant actionable insights
- Participate in iterative technology development
- Ensure change remains aligned to existing standards and/or internal enterprise data management policies.
- Support design and efficiency of the operating model such as the development of operational control oversight and dashboard across the custody capability with actionable workflows, partnering with technology and operations
- Partner with product control in development of custody product data visualization platform to provide insight into the business.
- Responsible for ensuring appropriate governance, compliance with policies/frameworks and oversight of issues, risks, audit and compliance items related to data topics
- Present to senior management as requested and lead delivery of initiatives as required.
Skills
- Background or experience in data solutions, data modelling, analysis and visualization
- Good understanding of the custody domain and capabilities to make informed decisions and data related to this subject area – critical to understand the business applications of data insights (e.g., what business questions need to be answered) and what data elements will effectively satisfy those needs.
- Strong analytical skills
- Aside from technical skills, be able to present data in a way that is both understandable and compelling.
- Proven change agent with track record of delivery
- Have an understanding of a techniques and tools, key areas of focus – data management, BI tool usage, dashboarding, charting, report development, data visualization
- Strong stakeholder management skills with an ability to navigate organization
- Prior experience of successfully delivering change in a complex environment while managing competing environments and delivering projects using Agile and Waterfall techniques
- Proven change agent with track record of delivery
- Experience with mapping business and system process flows using standard tools (Visio, ARIS, etc.).
- Track record of working in the data space with ISO standards and development of data solutions to solve problems
- Familiarity with industry integration tools and their applicability in shortening the chain of custody across the investment lifecycle
Experience
- With 3 to 6+ years\’ experience in Securities Services (product, ops, business analysis)
- Worked in Product organizations in prior roles
- Operated at a global level
- Prior experience working in data and/or technology- familiarity with tools such as JavaScript, Python & Python Libraries, Structured Query Language (SQL), Hadoop, Snowflake, Qlik, Tableau, Microsoft Excel, Artificial intelligence, Collibra, Manta
- Consultative experience
- Track record of solving data integration challenges and building data solutions across complex and at scale services
Outcomes expected from the roles
- Good understanding of custody and related data management needs
- Maintain up to date understanding of data tools, standards and changes in building actionable insights
- Responsible for issue and risk escalation
- Project / initiative ownership as requested as the product owner
- Appropriate governance and audit trail on documentation of all key decisions and actions.
Split of role:
- Data strategy design, development and execution: 85%
- Market / Client interaction: 15%
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Global Custody Product Development Data Analyst, Assistant Vice President employer: State Street Corporation
Contact Detail:
State Street Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Custody Product Development Data Analyst, Assistant Vice President
✨Tip Number 1
Familiarize yourself with ISO20022 standards and how they apply to custody data models. Understanding these standards will not only help you in your role but also demonstrate your commitment to aligning with the company's strategic objectives.
✨Tip Number 2
Develop a strong grasp of data visualization tools like Tableau or Qlik. Being able to present complex data insights in a clear and compelling manner is crucial for this position, and showcasing your proficiency can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the custody domain and seek out insights on current trends and innovations. Engaging with industry experts can provide you with valuable information that may be beneficial during interviews and discussions.
✨Tip Number 4
Highlight any experience you have with Agile and Waterfall project management methodologies. This role requires navigating complex environments, and demonstrating your ability to manage competing priorities effectively will be a significant advantage.
We think you need these skills to ace Global Custody Product Development Data Analyst, Assistant Vice President
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and skills required for the Global Custody Product Development Data Analyst position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasize your background in data solutions, data modeling, and analysis. Provide specific examples of how you've successfully delivered change in complex environments, particularly in the custody domain.
Showcase Technical Skills: Clearly outline your technical skills related to data management and visualization tools such as SQL, Python, Tableau, and any other relevant technologies. Mention any experience you have with ISO standards and data integration challenges.
Demonstrate Stakeholder Management: Include examples of your strong stakeholder management skills. Describe situations where you've navigated complex organizational structures and collaborated with various teams to achieve project goals.
How to prepare for a job interview at State Street Corporation
✨Understand the Custody Domain
Make sure you have a solid grasp of the custody domain and its capabilities. Be prepared to discuss how data insights can answer specific business questions and what data elements are necessary to meet those needs.
✨Showcase Your Analytical Skills
Demonstrate your strong analytical skills by providing examples of how you've used data modeling, analysis, and visualization in previous roles. Be ready to explain complex data in a way that is both understandable and compelling.
✨Familiarize Yourself with Relevant Tools
Brush up on your knowledge of tools like SQL, Python, and data visualization platforms such as Tableau or Qlik. Be prepared to discuss how you've used these tools to solve data integration challenges in past projects.
✨Highlight Stakeholder Management Experience
Discuss your experience in managing stakeholders and navigating complex organizational structures. Provide examples of how you've successfully delivered change while balancing competing priorities in a global environment.