At a Glance
- Tasks: Design and implement tech solutions for clients, focusing on integration and development.
- Company: State Street is a leading global custodian bank and asset manager with over 200 years of experience.
- Benefits: Enjoy flexible work options, competitive medical care, and comprehensive development programs.
- Why this job: Make an impact in capital markets while collaborating with diverse teams in a fast-paced environment.
- Qualifications: 2+ years in software development, knowledge of SQL, and experience with financial products required.
- Other info: We value diverse backgrounds and encourage applicants from all walks of life.
The predicted salary is between 36000 - 60000 Β£ per year.
We are seeking a Product Development Officer to design, build and implement solutions for clients internally and externally. The successful candidate will engage with stakeholders to create detailed integration requirements (message transfer protocols & definitions) as well as define functional requirements (constructing client solutions, workflow charts and diagrams) and work through the development process to the implementation of these solutions. Integrations involve creating and deploying solutions for clients utilizing messaging standards (incl. FIX, SWIFT and custom XML formats) over MQ, APIs, SFTP, TCP/IP and other protocols. Typically solutions include a combination of messaging, batch processing and data transformation, and are commonly written in Python.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.
The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM. As our investment research and trading arm, SSGM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world. The specific product Fund Connect is State Street's market-leading global electronic trading platform for Money Market Funds, Primary Market ETFs, Liquidity Instruments and Investment Funds. Fund Connect provides efficiencies to the entire pre- and post-trade lifecycle across multiple asset classes. This role resides within the Fund Connect Business Integration Team, who support Sales and Relationship teams in a development/solutioning capacity.
As Technical Product Development Officer, you will:
- Design, configure, build and deploy the integration of trading and supporting interfaces between Fund Connect and its clients
- Be responsible for the successful completion of integration initiatives
- Handle technical consultancy in post-sales implementations
- Contribute to longer-term strategic and transformational technology initiatives
- Project manage which includes troubleshooting and escalation both internally and with clients
- Document work, manage expectations and communicate progress on ongoing engagements
- Continue to maintain and improve the codebase used in the integration layer
- Use technology to support tactical needs of the operations team, including the automation of tasks through scripting
- Work autonomously with confidence in a fast-moving, complex technical environment
- Build solid relationships with colleagues across multiple functional groups of differing levels of seniority
- Design and develop visualisations and reports using BI tools to support management and/or meet regulatory requirements
These skills will help you succeed in this role:
- 2+ years of experience in software development in a financial services environment or similar
- Knowledge of SQL and experience working with relational databases (Oracle, SQL Server)
- Experience with FX, Equities, Rates and/or Mutual Funds products
- Knowledge of common messaging protocols and payloads (SWIFT/FIX/REST/MQ/Kafka)
- Outstanding attention to detail
- A desire to solve complex business problems with creative technical solutions
- Basic Unix & Linux skills
- Sense of urgency, natural curiosity to learn and ability to constructively question the status quo
- Highly self-motivated with exceptional integrity
- Eagerness to collaborate as part of a larger team
- Confident & clear communicator
- Ability to articulate complex technical concepts to any audience
Education & Preferred Qualifications:
- Hands-on developer experience of object-oriented design pattern knowledge and implementation experience using Python or Java (Required)
- Bachelor's degree or equivalent in Computer Science, Mathematics or Finance-related field (Required)
- Knowledge of workflow management frameworks such as Apache Airflow (Preferred)
- Knowledge of cloud computing infrastructure, such as AWS (Preferred)
- Knowledge of BI visualisation tools such as Looker or Power BI (Preferred)
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we donβt necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data-driven decisions and are a good team player, you could be a great fit.
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Technical Product Development - Fund Connect, Officer - Hybrid employer: Acord (association For Cooperative Operations Research And Development)
Contact Detail:
Acord (association For Cooperative Operations Research And Development) Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Technical Product Development - Fund Connect, Officer - Hybrid
β¨Tip Number 1
Familiarise yourself with the specific messaging protocols mentioned in the job description, such as FIX and SWIFT. Understanding these standards will not only help you during interviews but also demonstrate your commitment to the role.
β¨Tip Number 2
Brush up on your Python skills, especially focusing on object-oriented design patterns. Since the role requires hands-on development experience, being able to discuss your past projects or coding challenges can set you apart from other candidates.
β¨Tip Number 3
Network with professionals in the financial services sector, particularly those who work with trading platforms or integration solutions. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
β¨Tip Number 4
Prepare to articulate complex technical concepts clearly, as this role involves communicating with various stakeholders. Practising how to explain your technical knowledge in layman's terms can be a game-changer during interviews.
We think you need these skills to ace Technical Product Development - Fund Connect, Officer - Hybrid
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in software development, particularly in financial services. Emphasise your knowledge of SQL, messaging protocols, and any experience with Python or Java.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role and how your skills align with the responsibilities outlined in the job description. Mention specific projects or experiences that demonstrate your ability to design and implement technical solutions.
Showcase Problem-Solving Skills: Provide examples in your application that illustrate your ability to solve complex business problems with creative technical solutions. Highlight any experience you have with automation or scripting, as this is crucial for the role.
Highlight Communication Skills: Since the role involves engaging with stakeholders, make sure to mention your ability to communicate complex technical concepts clearly. Include examples of how you've successfully collaborated with teams or clients in the past.
How to prepare for a job interview at Acord (association For Cooperative Operations Research And Development)
β¨Understand the Technical Requirements
Make sure you have a solid grasp of the technical skills required for the role, such as Python, SQL, and messaging protocols like FIX and SWIFT. Be prepared to discuss your experience with these technologies and how you've applied them in previous roles.
β¨Showcase Your Problem-Solving Skills
The role involves solving complex business problems with creative technical solutions. Prepare examples from your past experiences where you successfully tackled challenges, particularly in a financial services environment.
β¨Communicate Clearly and Confidently
As a Technical Product Development Officer, you'll need to articulate complex technical concepts to various stakeholders. Practice explaining your past projects in simple terms, focusing on the impact and outcomes rather than just the technical details.
β¨Demonstrate Your Team Collaboration
This position requires working closely with different functional groups. Be ready to discuss how you've collaborated with teams in the past, highlighting your ability to build relationships and work effectively in a hybrid environment.