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Head Of Derivatives Platform, Managing Director

State Street

State Street

Quincy, MA, USA
Posted on Wednesday, January 31, 2024

Who we are looking for

Senior hands-on Technology Business leader with 15+ years of experience in application development for large and complex financial applications. The candidate needs to have a very good understanding of financial domain, especially of Derivatives. This is a critical position with a significant impact on the business. The candidate will work closely with senior business and IT leaders globally.

What you will be responsible for

As Head of Derivatives Platform you will

  • Management of a global team of software development and QA engineers.

  • Ownership and accountability for Derivatives application platform, vendor interactions, upstream and downstream integrations and successful client rollouts

  • Oversight and project estimation and delivery of projects on time and on budget

  • Building strong partnership with technology & business leaders and peers

  • Work closely with the Product Owners and other stakeholders on requirements analysis, planning, project management, and execution.

  • Support production system to ensure business continuity and continuous improvement of the platform

  • Advocate and implement best practices and improved team processes

  • Provide expert level troubleshooting on large, mission critical project implementations.

  • Work in a dynamic, fast-paced, Agile team environment

What we value

These skills will help you succeed in this role

  • Excellent understanding of Cleared, Bilateral and Listed Derivatives

  • Experience working with Derivatives Applications

  • Expertise and leadership in driving innovation and thought leadership

  • Exceptional leadership and interpersonal skills, and people management experience

  • Ability to drive change through collaboration and influence

  • Exceptional analytical, conceptual, and problem-solving abilities

  • Ability to deal with uncertainty and organizational flux in an effective manner

  • Aptitude for learning new and complex environments, processes, and technologies

Education & Preferred Qualifications

  • BS/MS in Finance, Computer Science or equivalent field

  • 15+ years of experience with designing and implementing financial applications

Are you the right candidate? Yes!

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 don’t 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.

Why this role is important to us

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.

We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

About State Street

What we do. 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.

Work, Live and Grow. 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.

Inclusion, Diversity and Social Responsibility. 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.

Salary Range:

$175,000 - $287,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.