Global Custody Product Development Data Analyst, Assistant Vice President

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

1. 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
2. Participate in iterative technology development
3. Ensure change remains aligned to existing standards and/or internal enterprise data management policies.
4. 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
5. Partner with product control in the development of custody product data visualization platform to provide insight into the business.
6. Responsible for ensuring appropriate governance, compliance with policies/frameworks, and oversight of issues, risks, audit, and compliance items related to data topics
7. 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
• Able to present data in a way that is both understandable and compelling.
• Proven change agent with track record of delivery
• Understanding of 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 the organization
• Prior experience of successfully delivering change in a complex environment while managing competing environments and delivering projects using Agile and Waterfall techniques
• 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

• 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%