State Street Corporation
Product Owner, Loan SME- Vice President
State Street Corporation, Berwyn, PA
Who we are looking for
We are seeking a self-motivated candidate who is subject matter expert in a Loans SME to join the transformation team and work on LoanHQ which is STTs strategic solution for Loans and Private Credit embodying all processes and technologies related to loans and their servicing for the world's largest investor manager clients.
Why this role is important to us
The team you will be joining is a part of our Global Transformation effort. We are affecting real change in the Loan Product space and creating a new LoanHQ Platform
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
You will
What we value
These skills will help you succeed in this role and are essential in the candidate selection
Education & Preferred Qualifications
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
Salary Range:
$100,000 - $167,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
We are seeking a self-motivated candidate who is subject matter expert in a Loans SME to join the transformation team and work on LoanHQ which is STTs strategic solution for Loans and Private Credit embodying all processes and technologies related to loans and their servicing for the world's largest investor manager clients.
Why this role is important to us
The team you will be joining is a part of our Global Transformation effort. We are affecting real change in the Loan Product space and creating a new LoanHQ Platform
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
You will
- Lead design discussions on the Loans product with the business at State Street, our Clients, vendors and IT
- Responsible for helping to drive execution for key milestones across the various workstream in a timely and cost effective manner. Being responsible for the next gen design of innovative solutions for our LoanHQ platform
- Be the subject matter expert for multiple technology-business functions relating to Loans or draft in SME expertise as and when required
- Collaborate with business analysts and business users to gather requirements and write stories in Agile to guide the milestones towards the target end state
- Work with business analysts and developer team to refine requirements and generate Acceptance Criteria for stories
- Plan out with Quality assurance and business teams UAT (user acceptance testing) and BUAT testing (respectively)
- Collaborate with business teams and developers to plan Product installation
- Communicate progress and timelines to senior management as needed
- Be accountable for milestone delivery dates
What we value
These skills will help you succeed in this role and are essential in the candidate selection
- Strong critical thinking needed
- Knowledge of or work experience processing Activity on Loan Applications E.G Wall street office
- Knowledge of "how" service providers and investment manager clients work together in the loan ecosystem
- Experience with how loans work end to end
- Ability to work independently as well as part of a larger team
- Ability to Navigate SSB architecture and structure related to IT deployment projects
- Previous client facing responsibilities
Education & Preferred Qualifications
- Bachelor's Degree in finance, accounting or economics related fields.
- 10+years experience working with the loan product
- Prior experience at an Investment Manager or a loan service provider highly valued
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
Salary Range:
$100,000 - $167,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line