Business CIO Financial Product Owner at State Street in Princeton, New Jersey

Job Description:

Who we are looking for

The successful candidate must have 15+ years experience designing, rolling out and running an IT financial operating model that is business facing and leverages an enterprise PPM tool (e.g., Clarity) as well as an enterprise General Ledger. The candidate must have proven experience in consolidating a wholistic view of State Street’s IT financials from both a portfolio view as well as a general ledger view in a manner that senior IT and business executives can understand and upon which they can make critical decisions.

The location is flexible.

What you will be responsible for

As Clarity Project PPM Financial Product Owner you will

• Work with all key stakeholders (CIOs, corporate finance and accounting, GTS COO, business executives, etc.) to design the target state operating model for how financials will be managed within Clarity PPM to provide transparency and streamlined management reporting and decision making capabilities.




• Serve as product owner to define and rollout a phased implementation of the target operating model.




• Ensure consistency across key financial systems.




• Develop a robust portfolio as well as general ledger view of GTS financials that can be leveraged by all key stakeholders on both the business and IT sides.




• Work with the Business CIOs to provide transparency into all financials and business chargebacks and proactively identify areas to optimize spend.

What we value

These skills will help you succeed in this role

• Broad-based experience focused in a project portfolio financial management role.




• Demonstrated ability to collaborate and drive execution at all levels within the organization on a global basis




• Exceptional ability to communicate in written and verbal formats to various situations and audiences




• Strength around change and transformation

Education & Preferred Qualifications

• Bachelor’s degree, finance focused Masters or other advanced degree preferred or equivalent industry experience.




• 15+ years experience working with general ledger and PPM systems to setup and run an IT financial operating model that is aligned and reconciled between the portfolio and general ledger views and on which business case and key strategic decisions can be made.




• 15+ years experience consolidating annual planning and rolling budget operating models across disparate teams.



• 
  

  15+ years experience developing and implementing strategies related to:

  
  
  
  

  • Workforce shape (location strategy, employee/contractor, etc)

  
  

  • Project and portfolio planning and financial optimization (capacity plans, ramp up / ramp down plans, software capitalization, etc)

  
  

  • Optimize portfolio relative to capitalization and deferral goals with predictability around future impact.

  
  

  • Application rationalization / software capitalization.

  
  

  • Developing application total cost of ownership views.

  
  

  • IT investment business case development (ROI, NPV) for more quantified business prioritization and tracking.

  
  

  • Run the bank strategies (outsourcing, etc).

  
  
  
  



• 15+ years of financial services experience with a large financial services firm or advisory/consulting firm

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