Custody Product Control - Vice President -EMEA
State Street’s Global Product organisation is leading an exciting period of transformation for the business and is recruiting for a Vice President in the Custody - Product Control space to join the team and help take the business forward.
Function
The Custody Product organisation encompasses of roles covering Product Management, Product Development, Network Management, and Product Control. The Product Control function is responsible for the development of strategy assessments, lead the control agenda and framework, as well as develop the product platform and the function’s analytics and reporting.
Role
The successful candidate will join the Custody Product Control team, reporting directly to the Head of Product Control. The role will work across the Product team to understand MIS and reporting needs, drive the build out for data sourcing and analytics, as well as assist drive the function forward in terms of solutioning for Product P&Ls and Pricing. You will partner with CAO and Finance teams globally to address business questions derived from managing the P&L, cost to serve, and commercials.
Responsibilities
P&L and commercials analysis on both Revenue Fees and NII
Data sourcing on various business metrics and financial reporting
Development of the Product Platform to build P&L tools covering price, risk, cost to serve and key metrics
Conduct and co-ordinate deep dives on strategy or risk topics across the business
Work across functions and finance teams to understand business impacts of expense allocations, and drive improvements.
Assist in the function’s management responsibilities covering OKRs, People initiatives, Strategy, and Management Reporting.
Skills
Finance or Product P&L management background
Solid understanding of the Custody family of products; Global Custody, Direct Custody and associated FX and Cash products
Budget and finance skills
Proven expertise in strategy documentation.
Strong analytical and presentation skills, using MS Office suite.
Understanding of product control frameworks and governance requirements.
Strong stakeholder management skills with an ability to navigate organisation through the solution delivery cycle.
Proven change agent with track record of delivery
Track record of solving data integration challenges across complex and at scale data sets
Data management/ data visualisation techniques (Tableau, Alteryx, Python)
People management skills, to manage the book of work, as well as the development of 2 members of the team.
Experience
VP with 7+ years’ experience in Asset Servicing / Securities Services
Worked in Product organisations in prior roles.
Prior experience working in Product / Finance / Business Management / Controller.
Strong team player who can thrive in a large complex global organization.
