State Street


    Who we are looking for

    The Product Developer/Analyst will have excellent verbal and written communication skills and have demonstrated ability to understand complex business processes.  Experience with payment processing and/or deposit banking is highly desired, particularly operations experience if not product development or product management experience. The ability to collect input from subject matter experts, operations teams, product managers, client service teams and/or our clients and translate that information into clear business requirements is required as is the ability to document use cases and operational flows that can be used to develop functional specifications and support solution design.  Experience with developing efficient operating models that include effective business controls is also desirable.

    Agile experience as a Product Owner in story development and backlog grooming is also desired.  One of the primary job functions for the successful candidate will be to perform as a Product Owner starting with a small room or as a junior Product Owner to a larger room/multiple room setup.  Agile training will be provided on the job to ensure that new joiners are familiar with State Street’s Agile methodology and the Software Delivery Life Cycle with additional training opportunities available based on previous experience and ability.

    Experience with implementing or operating Temenos’s Transact, ACI Worldwide’s MTS/RTPS or Dragonfly Technologies Universal Online Banker is desirable as is a level of technical familiarity with one or more of the global payment networks or messaging standards used by State Street such as: ISO 20022 pacs and camt messages, Fedwire, CHIPS, ACH, Target2 or SEPA.

    This role reports into a Cash Product Development V.P. and the position will be supporting the Payments Cash and Custody Platform currently working major transformation initiatives. The position can be located in one of our Global Offices including Quincy Massachusetts, USA, London UK, Hong Kong or Munich.

    What you will be responsible for

    As a Product Developer you will

    • Work with the core banking applications team to establish requirements and manage Agile development required to design and develop solutions for complex payments and banking operations
    • Support defect identification, triage and remediation including identification of root cause and resolution management as appropriate
    • Ability to apply knowledge of system behavior and business requirements to design and test solutions
    • Ability to clearly articulate impact of any changes to team members, testers and business end users to ensure that testing and acceptance processes are completed successfully
    • Ability to translate end user requirements into Agile stories and epics, establish a backlog and groom that backlog is desired
    • Work well within a virtual team that includes members from across State Streets global operations, product and IT development teams, contractors, software vendors and other industry participants to design, develop, test and implement solutions that support current and future business requirements
    • Support the planning and delivery processes and escalate issues appropriately for timely resolution
    • Ensure documentation and other program artifacts associated with development and implementation activities are completed and maintained for future business needs and audit purposes

    What we value

    These skills will help you succeed in this role

    • Strong technical skills including experience with payments and/or deposit banking
    • Strong documentation and organizational skills
    • Ability to make decisions and build consensus across stakeholders including vendors, testers and business end users
    • Work well in a global team using technology for communication and process management

    Education & Preferred Qualifications

    • BA/BS or equivalent experience


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