State Street—BackOffice Technology Application Development / Maintenance Lead - Vice President

Job description

Description: Job Title BackOffice Technology Application Development / Maintenance Lead, VP Role Summary & Role Description State Street is looking to hire a senior technology delivery leader to strategic and technically adept Payments Lead to oversee the development, maintenance, and modernization of payment applications. This role will serve as a critical bridge between technology and business, ensuring seamless stakeholder engagement, operational excellence, and regulatory compliance across the payments ecosystem. The candidate must have 18+ years of experience in Financial Services, IT industry primarily serving as Project/delivery lead in the software development and delivery area. This is intended to be a senior position (VP); however, the exact designation / fitment will be a result of the evaluation and fitment process that the candidate will undergo as part of this application process. As one of the GTS Delivery Leads, you will responsible for: * Lead the end-to-end lifecycle of payment applications, including architecture, development, deployment, and support. * Scale up and maintain software delivery teams, which will service the assigned business teams within State Street * Act as the delivery owner for the assigned team * Primarily give oversight to, and if needed, personally perform requirement gathering, technical design, testing, UAT support, etc. * Actively work on team management, training & competency development, monitoring team performance on ongoing basis * Actively manage employee engagement, attrition management and talent development and management in the team * Drive modernization initiatives such as API integration, cloud migration, and real-time payment capabilities. * Actively contribute to initiatives / horizontal org work stream contributions like knowledge management, risk management, etc. cutting across different teams * Be conversant with and be able to successfully manage common cultural nuances specific to the India teams * Make effective recommendations to build an organizational model that can effectively serve high quality delivery and ensure the communication between the functions is seamless * Be a strong advocate of HR policies and procedures ensuring all employees adhere to the core values and the operating culture * Be a catalyst in driving cultural integration ensuring the local team thinks global while acting local * Promote diversity and inclusion, providing transparency in organizational work activities * Ensure talent planning, management and related supporting deliverables including but not limited to - succession planning, critical role identification, coaching and diversity hiring are done with the partnership of both global functional managers and HR * Promote the culture of risk excellence in people, process, and technology aspects. Ensure self and team anticipates, monitors, actively manages and reports all risk and related issues. * While the primary role is to manage the Application Development & Maintenance (ADM) of the India resources, the candidate will need collaborate across teams for strong integration of production support and testing ensuring seamless integration of technology delivery * Retain accountability for the overall performance of the assigned teams * Lead and participate in business meetings, presentations, and conferences as and when required * Establish and monitor an effective oversight framework to ensure that issues are appropriately identified, escalated, and resolved. * Establish and nurture a culture of individual ownership of tasks to embed a clear individual sense of accountability into staff members’ behavior in performing their roles * Given that this is intended to be a senior role, the hiring and management / administrative responsibility will not be limited to just this team alone, but the candidate will need to work on and help with this activity for other teams within the group as needed. * This role will involve working closely with teams in the US and other cities in India, and hence working in relavant time zones on need basis is essential. * We pride ourselves in maintaining an open and transparent work culture - this directly translates to ensuring the org is as flat as possible - so candidate needs to fit into this culture - should be eager and willing to roll-up sleeves and tackle activities ranging from most basic to the most complex as part of team and delivery management. * While we do not expect day to day coding, we do expect the candidate to get fully up to speed functionally in the business functionality of the assigned teams and get fully up to speed with the architecture and technology of the applications that the assigned team is working on - effectively, strive to be an SME in the area. Core/Must have skills Hands on experience from amongst three or more the following: Java-J2EE, Web services, Database Has vast experience in hands on software coding/development, testing and prod support and experience in managing direct day-to-day activities of team members who will be working towards servicing the business needs * Deep understanding of payment rails (SWIFT, RTGS, NEFT, UPI), settlement systems and operations. * Familiarity with ISO 20022 messaging standards and real-time payment frameworks. * Proven problem solving, communication, interpersonal and analytical skills * Agile SDLC experience in delivering projects * Experience in cloud based implementations & migration efforts * Ability to manage large, diversified teams spread across multiple locations or regions and distributed workforce (Employee and IT vendors) * Should have excellent communication skills, fluent in English written and oral * Should have experience in delivering large scale, complex and transformational projects. Education & Preferred Qualifications * Engineering Degree, MCA or equivalent * 20+ years of commercial software development, proficient in developing multi-tier solutions * 10+ years of demonstrated ability to lead engineering teams/projects * 10+ years of web development experience in Java, Database, MQ etc * 5+ years of professional development building encompassing front-to-back architectures and API's Work Schedule Hybrid Keywords (If any) 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. Discover more at StateStreet.com/careers About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement