Derivatives Hub Application Development Consultant, Vice President
Who we are looking for
The ideal candidate has an extensive background in developing and maintaining complex software in a fast paced environment with over 10 years of experience and has deep knowledge covering Cleared, Over the Counter, and Listed Derivative product types. The ideal candidate supports development across multiple development Hubs and provides subject matter expertise while working with State Street internal Derivatives Centers of Excellence across several global locations. The ideal candidate has both a software background and complex derivative background. What you will be responsible for
As Derivatives Hub Application Development Consultant, Vice President
Perform system and business analysis for complex Derivative product types includes cleared, listed, and OTC to design optimal software solutions addressing industry, client, and operational needs.
Support the industrial agile development process within the Derivatives Hub application team directly as a team member and indirectly via the overall development process.
Perform project management roles aiding in the delivery of software to production.
Provide Derivative subject matter expertise to support critical production issues as well as triaging issues identified in the development process. Articulate complex mathematical calculations to development and application teams to ensure accuracy in developed software.
Provide Derivative Product subject matter expertise to business users, business project resources, and to developers and testers covering the full gamut of complex and exotic derivatives.
Provide Derivative Hub application subject matter expertise to business users, business project resources, and to developers and testers.
Perform other project related activities as identified to complete deliverables, reduce risk, and improve the usability of the Derivative Hub application. What we value
These skills will help you succeed in this role
Education & Preferred Qualifications
- Excellent analytical and research capabilities.
- Advanced understanding and interpretation of FpML (Financial Product Markup Language)
- Strong background working with ISDA and understanding of ISDA Defintions related to Derivative Products
- Ability to multitask and work with a diverse background of teams and individuals
- Ability to lead project initiatives and organize groups to achieve compex and challenging goals
- Bachelors Degree in Computer Science or Finance or equivalent
- 5 years of experience working in a software development environment
- 10 years of experience working with Cleared and Bilateral OTC Derivatives
- 3 years experience working in a Derivative Broker/Dealer role or equivalent
- Extensive knowledge of FpML and ISDA definitions for OTC and Cleared derivatives
Experience in Derivative systems providing trading, clearing, record keeping, cash forecasting, payment calculation and valuation services. 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 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 our organization 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 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 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.
Discover more at StateStreet.com/careers