Head of Global Markets Risk

1 week ago

London, Greater London, United Kingdom State Street Corporation Full time
Who we are looking for
Based in London, the role of the Global Markets Technology ("GMT") Head of Risk & Capital Optimization IT is to lead the suite of applications supporting risk management, balance sheet optimization and analytics for State Street's Global Markets businesses.

The team is based in London, Boston, Bangalore / Hyderabad, and Hangzhou and leverages agile software development methodologies. The technology is a combination of in-house and vendor applications supporting risk management, multi asset-class margining, balance sheet optimization, client analytics and trading optimization processes for our Agency Lending and Prime businesses.
An important part of this role is the definition and maintenance of both an application and data architecture which is critical to supporting and growing the scale of the Financing Solutions and Foreign Exchange businesses. The Head of Risk & Capital Optimization IT will need to articulate the architectural vision of the program to senior managers and executives in Global Markets and IT as well as liaise with the trading and front office risk leads in the business. The individual in this role will manage teams globally in both direct and matrix structures. This role will be a member of the GM IT Leadership team and will be expected to contribute to the broader priorities of the team.

What you will be responsible for
As Managing Director you will
  • Oversee teams with a broad range of skills and specialisms, specifically with experience in building risk management and trading analytics applications for Securities Lending or Foreign Exchange businesses
  • Focus on assuring the core functionality, services, and tools developed by the team meet the needs of the Global Markets Risk & Capital, Securities Lending and Foreign Exchange businesses globally, adhere to corporate architecture standards and objectives, and meet the financial and technical objectives of the GM business strategy
  • Have deep understanding of technology and application development, preferably with 'hands-on' experience
  • Have Experience of developing and maintaining an application and data architecture across a front to markets optimization and analytics platform.
  • Deep experience in developing low latency market making and algorithmic trading systems that serve large clients
  • Strong knowledge of data usage and end to end data management
  • Understanding of Securities Lending, Prime Brokerage, Repo and FX businesses and their risk, regulatory and capital requirements
  • Knowledge of the market data providers and industry utilities that permeate the Securities Lending industry
  • Complete knowledge of the software development lifecycle for iterative, agile, and traditional approaches
  • Strong background in release management and understanding of architectural schematics
  • Willingness to support 24 x 7 global management oversight
  • Experience with managing offshore and onshore teams
What we value
These skills will help you succeed in this role
  • Excellent verbal and written communication skills
  • Successful track record of delivering projects and programs using lightweight or agile approaches
  • Exceptional collaboration and communication skills
  • Ability to successfully influence in a complex organizational and political environment
  • Credible business advisor that is able to build consensus
Education & Preferred Qualifications
  • 10+ years experience in financial services, preferably: capital markets and securities lending, prime brokerage, foreign exchange, and/or derivatives
  • 8+ years experience with overseeing large scale risk, analytics and optimization platform builds for Securities Lending, Prime and/or Securities Financing
  • Bachelors degree in Computer Science, Engineering or a related discipline
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.
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