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Private Markets IT Project Manager

4 months ago

Edinburgh, Edinburgh, United Kingdom State Street Full time

Our Company

State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. State Street operates in 29 countries and more than 100 geographic markets and employs over 32,000 worldwide. For more information, visit State Street's web site at

Promoting a culture of excellence

With more than 32,000 employees across 29 countries, at State Street, our people are our greatest asset. We recognize that highly skilled, engaged and productive employees are essential to our success. Our company values reflect our commitment to employee engagement, Inclusion and corporate social responsibility — to help you build a fulfilling career. Around the world, we aim to be an employer of choice by offering competitive compensation and benefits, personal and professional development opportunities, and a work environment that promotes a diverse array of people, ideas and skills. We're a company that insists on, and rewards, performance excellence. We know our success hinges on attracting the best people to join us — people like you.

We encourage you to explore the possibilities that a career at State Street can offer you.

State Street is committed to embracing diversity and inclusion in the workplace.

Job Description

In order for Private Markets Technology Services to manage and oversee its multiple commitments to improving the Delivery and Change environment, the role of GTS Private Markets Project Manager at VP grade exists. The role will be a direct report of, and accountable to, the Programme Manager, Payments, Cash and Custody platform program.

The GTS Private Markets Project Manager will be responsible for co-ordinating, managing, and delivering a suite of projects within the Private Markets portfolio, and developing a controlled and coordinated overall project management environment. This will include oversight and reporting of various internal and external projects, ensuring fit for purpose IT developments, detailed analysis, planning and managing of the projects' risk profile. A key element of the role will be managing multiple dependencies across various Private Markets IT teams in order to ensure delivery of requirements.

Key to the role will be the development of clear plans, defined ownership and accountability of actions and deliverables, managed to aggressive and immovable timelines. Critical interfaces (typically at Steering Committee-level) will be with State Street business SMEs, internal Private Markets IT dependencies, and State Street FLOD/SLOD and Compliance. This will require thorough MI, pertinent analysis, precise status reporting, and frequent, comprehensive management briefing presentations covering the projects.

Summary description of the role:

  • Manage the Private Markets Projects. Manage the IT Change in Private Markets projects; oversee execution, analyse requirements and impact, and the validation of deliverables.
  • Management of projects including capacity and budget management.
  • Perform day-to-day business control and oversight functions for Private Markets projects.
  • Collate, define, and analyse the multiple IT demand pipelines end-to-end. Condense this into clear, actionable remediation tasks, reconcile, and ensure comprehensive plans are produced to execute against for the projects
  • Oversee the various individual initiatives and projects, identify, track and manage risks and issues, ensure dependencies are clearly captured, and ensure ownership and actions are clearly defined and not duplicated across projects or workstreams.
  • Manage budget and staffing forecasting, tracking and reporting requirements, produce clear Dashboard reporting including Project Reporting of overall deliverables, interdependencies, and critical path analysis.
  • Ensure governance of the projects adheres to corporate standards, including Change Management Framework.
  • Own reporting requirements to program manager and program sponsors, including frequent ad hoc, short notice, and tailored reporting demands for GTS-related change projects.
  • Liaise between various Private Markets PMs, and coordinate consensus on all project plans, status, and risk tracking.

Responsibilities will include:

  • Ensures that projects and remediation actions and requirements are incorporated into the current Private Markets resiliency and remediation projects.
  • Ensure appropriate oversight and management of Private Markets projects, with particular emphasis on the governance of regulatory (i.e. Resiliency).
  • Develop, refine and manage appropriate Management Information reporting for projects.
  • Chair multiple project workstream-level oversight and execution calls. Communicate project to management, on a regular basis, and at short notice/ ad hoc as required.
  • Report issues, identify risks and challenges, manage and mitigate delays with the business, work closely with regional project managers and business leads to deliver accurate and timely project reporting, financial forecasting, tracking and reporting, produce clear Dashboard reporting.
  • Actively manage the delivery of target dates and project milestones so that deadlines are met and projects remain on target.
  • Resolve issues, decision-making and ownership of remediation/ path to green. Generate creative and innovative solutions to complex problems.
  • Serve as an escalation point, and point of contact for business teams in their engagements with the projects and Private Markets programme overall.

Skill set

  • Influencing skills across a number of 3rd party dependencies
  • Excellent initiative, planning and decision-making skills.
  • Developed communication and presentation skills
  • Project Management, incl. multiple dependencies
  • Collaboration across multiple stakeholders to achieve a common goal

Qualifications

  • Solid (6 years +) experience in project management.
  • Solid (6 years +) experience managing change across multiple business units.
  • Previous IT, or business change experience background preferable.
  • Knowledge and proven experience of managing multi-workstream improvement or remediation project. Relevant qualifications preferable (i.e. PRINCE 2, PMP etc)
  • Solid communication, analytical, and organizational skills.
  • Excellent influencing skills required.
  • Strong reporting, and presentation skills
  • Ability to work under pressure, high attention to detail