Why this role is important to us:

Fund Transfer is a key function performed across State Street, exposing the enterprise to significant risk due to the nature of the transactional environment of the organization. Significant transformation initiatives, including the company’s digital transformation and expanding business capabilities (which leverage industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation) further enhance the need for this role, which aims to drive consistency across the enterprise.

Who we are looking for:

The successful candidate will be responsible for leading Funds Transfer across the enterprise. This will include provision of strategic direction and guidance on the implementation of key fund transfer related initiatives enterprise wide as well as oversight of funds transfer risk and implementing risk reduction initiatives consistently across the enterprise. Collaboration across initiatives such as Global Delivery Simplification and Global Banking & Payments Operations Transformation will be critical in driving the implementation of the long term strategy within Global Delivery and across the enterprise.

What you will be responsible for:

The Head of Funds Transfer will be responsible for enterprise wide Fund Transfer risk reduction, including:

•Driving risk reduction, remediation and reporting;

•Direction and prioritization of the development of technology and business support units;

•Recommendation & execution of changes to FTTOP Policy and Standards;

•Engagement with leads of other strategic initiatives aligned to Funds Transfer;

•Create & manage change management protocol for funds transfer;

•Metrics compilations and automation of reporting and risk analysis;

•Develop and lead implementation of technology or IT related initiatives to support effective and efficient management of funds transfer risk;

•Implement central repository for all fund transfer documentation;

•Identify opportunities to use of AI and robotics to optimize automation.

What we value:

These skills will help you succeed in this role:

•Experience in financial services operations/back-office fund transfer/payment processing;

•Experience in running a large operational function;

•Experience on large scale operational transformation initiatives;

•Experience designing and implementing target state operating models.

Education & Preferred Qualifications

•A minimum of a bachelor’s degree in Information Technology/Management or Business;

•A minimum of 15 years operations experience.

About State Street

What we do.- StateStreet 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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both ourorganization and our clients. We warmly welcome the 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 theworld, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program 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.

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