PCC Program Business Analyst - Assistant Manager
State Street · Bangalore, India
State Street · Bangalore, India
Who we are looking for Global Delivery Custody is forming a central support team for the Payments, Cash, and Custody (“PCC”) strategic development program. PCC is a multi-year effort to modernize and simplify State Streets core custody technology platforms. The program is a collaborative approach across Global Delivery, Product, and Technology with integrated planning and decision making. Key outcomes include ensuring STT meets regulatory and market processing requirements, demands of current clients, and creating a world class, competitive Custody product offering The Global Delivery PCC team will work closely with IT and Product to drive the strategy and execution of PCC program components. This team will be responsible for ensuring effective end product design and client migrations. Why this role is important to us • Over the next 3-5 years State Street will deploy a next generation platform infrastructure that will be the foundation of our custody operating model and help drive our goals to improve service delivery, quality, resiliency, and productivity optimization What you will be responsible for As a Senior Associate in the India PCC program, you will be responsible for coordination across the different value streams of GD PCC Program activities with specific focus in India. Work with specific project teams & leads to help coordinate local execution and impact. Function as a point of contact and communication with India leadership related to PCC status and key milestones. Lead strategy and efforts horizontally across value streams to drive consistency and automation for common activities such as project management, business analysis, training, testing, reporting, and Operational readiness. The role will evolve with the PCC program, and India team will play an important role in the broader PCC program leadership team and help evolve and drive benefits across all aspects of PCC. What we value • Replacing IBS/Hogan DDA infrastructure with Temenos Transact platform • Migration to a new, enterprise payment initiation platform; State Street Payment Hub • Enterprise-wide migration to SWIFT ISO 2002 messaging format • Modernize our payments platforms including retirement of MTS and making RTPS ISO 2022 compliant in all direct clearing markets • Enhance screening capabilities and integration with FIRCO platform • GD focus areas will include ensuring GD business needs are achieved through the program, development spend, and prioritization aligns with GD overall strategy, GD meets its obligations to the program, and to ensure effective platform conversions and overall business readiness • The central team will integrate with other PCC governance supporting Technology and Product and work with Global Simplification leadership to be aligned on initiatives and dependencies • The GD PCC Program team is being established to serve as a central point of coordination of deliverables across Global Delivery for the PCC programs individual development initiatives PCC Team Members of the team will have the opportunity to: • Engage in a diverse group of initiatives • Help to define the future State Street Custody model • Interact with multiple levels of management • Enhance key strategic, communication, and leadership skills Education & Preferred Qualifications 1. Functional & Domain Expertise • Understanding of payments processing, DDA platforms, ISO 20022, SWIFT, or transaction banking concepts is highly desirable. • Experience in Custody operations / business teams like