Digital Asset GD CashSpecialist, Assistant Vice President

Digital Asset GD Cash SpecialistWe are hiring a Digital Asset GD Cash Specialist to be a cash subject matter expert, participating in workflows to build digital asset operations within State Street's infrastructure. You will be responsible for sharing knowledge and expertise around current operational workflows, maintaining alignment to GD Cash leadership, escalating any concerns to functional leadership, acquiring approvals of new models with functional leadership, and maintaining alignment with digital asset operations leadership. We expect this candidate to have a risk excellent mindset and be proficient establishing an effective control environment. The ideal candidate should understand digital asset concepts (blockchain knowledge, understanding of digital asset types, decentralized finance, tokenization, etc). At a minimum this candidate should have intellectual curiosity to learn about digital asset servicing. This role will have a dual reporting line to GD Cash leadership and digital asset operations leadership.This role will have an important part in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen, we need teams like this one to execute swiftly, build strong procedures and processes, and implement a risk management framework to control the operating environment tightly. This role will seek cutting-edge solutions that are straightforward and scalable. It will also help us build resilience and execute day-to-day deliverables with timeliness and accuracy.As a Digital Asset GD Cash Specialist, you will:Participate in workflows as a cash subject matter expert for digital asset operations across a portfolio of value streams to deliver digital asset capabilitiesFoster alignment between value streams, manage interdependencies, and deliver value at an organizational levelEstablish risk control procedures to ensure risk excellence across all capabilitiesPartner with testing teams to develop, test, and enhance capability development in UAT and ProductionManage risks, resources, and stakeholder communications across the workstreamProvide regular communication and reporting updates to ensure full transparency and clarity of workstream delivery to both the functional leadership teams and digital asset operations leadership teamsThese skills will help you succeed in this role:Proficiency in the cash processing lifecycle, including the understanding of SSIs, cash cut-off times, various payment types and how to properly structure different types of payments, cash reconciliations, and the clearing of cash breaksKnowledge of cash flows and the underlying systems involved throughout the payment lifecycleAbility to escalate risks and decision points quickly to the appropriate stakeholders, whether that be functional leadership, digital leadership, and/or project leadershipAbility to review and vet a new operating model for viability and alignment to our existing infrastructureExperience with payment initiation types, such as Fedwire and SWIFT paymentsExperience in the multi-year Payments, Cash, and Custody (PCC) strategic development program to modernize and simplify State Street's core custody technology platforms is preferred; at a minimum, knowledge of what the PCC program is accomplishingExperience with the migration of State Street Cash Manager to Payment Hub and understanding of the underlying payment initiation applicationsFamiliarity with payment initiation applications and the ability to perform required functions within the applicationsKnowledge of or interest in learning about digital cash, such as stablecoins and tokenized depositsExperience executing on a project as a critical stakeholder, including excellent time management and multi-tasking skillsEducation & Preferred Qualifications:Bachelors degree in Finance, Accounting or related discipline7-10 years of experience working in the financial services industryAbility to excel when faced with the unknown and challenged to develop new methodsExcellent communication and escalation abilityAbility to collaborate effectively across functions and external stakeholdersHands-on professional or personal experience with digital assets and wallets, distributed ledger technology, tokenization is preferredSalary Range: $70,000 - $130,000 AnnualThe 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.Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.For a full overview, visit