Full-Time

IT Prog / Proj Mngmt & BA

VP

Posted on 5/6/2025

Deadline 6/30/25
State Street

State Street

10,001+ employees

Asset management and custody banking services

Compensation Overview

$100k - $167.5k/yr

Senior, Expert

Company Historically Provides H1B Sponsorship

Quincy, MA, USA

Category
IT Project Management
IT Support
IT & Security
Required Skills
Risk Management
Data Analysis
Requirements
  • Problem-Solving: The ability to diagnose and resolve technical issues, including identifying root causes and implementing effective solutions.
  • Security Awareness: Understanding security best practices, vulnerabilities, and compliance requirements is essential for maintaining a secure application.
  • Basic Programming Knowledge: While not necessarily a coder, a basic understanding of programming concepts and development methodologies can be helpful.
  • Quality Assessment and Improvement: Identifying areas for improvement and developing a long-term quality improvement program.
  • Communication: Clear and concise communication, both written and verbal, is vital for conveying technical information to both technical and non-technical audiences.
  • Collaboration: The ability to work effectively with diverse teams, including developers, testers, business analysts, and stakeholders.
  • Stakeholder Management: Understanding the needs and expectations of various stakeholders and managing their expectations effectively.
  • Analytical Skills: The ability to analyze data, identify trends, and make data-driven decisions.
  • Driving Change: Being able to drive change and improvements within the application and the organization.
  • Application Knowledge: A deep understanding of the applications architecture, functionality, and underlying technologies is crucial (CSA, Datahub, ORMB, OAS, Billing Express, and other legacy billing applications)
Responsibilities
  • Oversee incident management processes to quickly resolve issues affecting the application. This need to be tracked via Service now.
  • Coordinate with support teams to troubleshoot and resolve problems.
  • Maintain a log of issues and work on root cause analysis to prevent future occurrences.
  • Manage and approve changes to the application, including updates, enhancements, and patches.
  • Ensure proper change control processes are followed to minimize disruption. Conduct testing and validation to ensure changes meet quality standards.
  • Involve with vendor to support for the application.
  • Maintain comprehensive documentation of the application, including technical specifications, user guides, and operational procedures.
  • Generate reports on the application's performance, usage, and issues for stakeholders.
  • Keep an updated inventory of the application's components, configurations, and dependencies.
  • Application Capacity planning is primary responsibility of app owner to decide Archiving, Data retention plan as agreed with Business.
  • Identify potential risks related to the application, including security, operational, and compliance risks.
  • Develop mitigation strategies and contingency plans to address these risks. Monitor and manage risks throughout the application's lifecycle.
  • Ensure that the application complies with relevant security standards, data protection regulations, and compliance requirements. Implement security measures and conduct regular security reviews and audits.
  • Address vulnerabilities and apply patches as necessary.
  • Ensure Identity and Access management setup follow the standard (SailPoint/ESF/MFA) need to be setup and follow the standard.
  • All accounts (Privileged accounts) follow the GCS standard means Non-Human Account setup in CAPAM/CyberArk and password rotation done annually.
  • Ensure that Application Business continuity plan (DR Test ) done annually and any failure need to be addressed with Recovery Management Team.
  • BAU enhancement/Requirement need to be managed by Application team/App owners.
  • Business raised tickets to support team for Enhancement in the application and app owner need to review/Analysis to decide whether it should go to development team or Support Team.
  • Ensure proper ARO engagement and involve in Production Support via Service now ticket Process.
  • Owns application environment (Prod/BUAT/UAT/DR) and responsible for Monitor the performance and usage of the application.
  • Identify and resolve performance issues, ensuring the application operates efficiently. Regularly review application metrics and reports to make informed decisions.
  • Oversee the entire lifecycle of the application, from onboarding to retirement.
  • Communicate changes, updates, and the status of the application to all relevant parties.

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' needs. The company stands out from competitors by emphasizing innovation and promoting gender diversity and inclusion within its workforce. State Street's goal is to create a supportive environment for employees while helping clients achieve their financial objectives.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • State Street can expand custody services with the rise of digital assets.
  • The trend towards passive investing boosts demand for State Street's ETF management.
  • Outsourcing of middle and back-office functions offers growth opportunities for State Street.

What critics are saying

  • Competition from fintechs could erode State Street's market share.
  • DeFi platforms threaten traditional custody banking services offered by State Street.
  • Investments in AI and tech firms may lead to volatility and regulatory scrutiny.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is a leader in integrating ESG factors into investment strategies.
  • State Street Global Advisors manages a significant number of ETFs, enhancing its market position.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus

Company News

TipRanks
May 20th, 2025
Collins Foods Gains Significant Investment from State Street - TipRanks.com

Collins Foods ( ($AU:CKF) ) just unveiled an announcement. Collins Foods has announced a substantial holding by State Street Bank and Trust Company and its associat...

Traders Magazine
May 19th, 2025
ON THE MOVE: Northern Trust Canada Adds Jeff Alexander; Campbell Global Names Angie Davis

State Street Corporation has appointed Sara Mathew as independent Lead Director.

Finance Magnates
Apr 30th, 2025
State Street Appoints John Woods as Chief Financial Officer

State Street Corporation has named longtime finance executive John F. Woods its next Chief Financial Officer.

ETF Daily News
Apr 26th, 2025
Cerity Partners LLC Invests $164,000 in Palladyne AI Corp. (NASDAQ:PDYN)

State Street Corp acquired a new stake in Palladyne AI during the third quarter worth approximately $91,000.

ETF Daily News
Apr 11th, 2025
Arrowstreet Capital Limited Partnership Purchases 34,508 Shares of Life360, Inc. (NASDAQ:LIF)

State Street Corp acquired a new stake in Life360 in the 3rd quarter valued at $2,393,000.

INACTIVE