The Data Governance Analyst is responsible for ensuring the integrity, security, and quality of data within payment and cash custody systems. This role involves in establishing and maintaining the data governance frameworks, monitoring compliance with data policies, and collaborating with cross-functional teams to optimize the data management practices.
Why this role is important to us
Payment Cash Custody - Data Governance function is vital to State Street and Enables transparency of data that is available within the enterprise. It ensures coordination is occurring between the providers and consumers of data, ensure that the right data is being used for the right purpose. Also enables reuse of data through the definition of authoritative, trusted sources of data and ensuring those datasets are use where they exists. Ensures data quality needs are clearly understood from the project initiation to execution.
Join us if you want to grow your Data Governance, Data Management and business analysis skills, payment cash and custody banking, solve real problems, and make your mark on our industry.
What you will be responsible for
As a Data Governance Analyst – Senior Associate you will work on multiple of dimensions below:
- Ensure the availability and quality of critical payment and banking data within the new applications, Transact, RTPS, RPH, Data Warehouse and all in-scope applications in Payment Cash Custody, are in line with the stated business requirements (BRD’s)
- Data governance activities are executed to maturity Level 3 per the EDGM policy.
- Near Real Time Messages, Data Extracts and Reports are made available for all business and end users in alignment with systems
- Ensure to understand the scope for all the projects impacting applications; accountability for governance established and tracked
- Discover application, Establish element to element lineage between extract and application
- Provide training and validation of governance activities across impacted stakeholders
- Ensure execution of Data Governance activities are embedded into the project life cycle and completed by accountable individuals
- Continually assess opportunities for improvement in the Data Governance life cycle
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- Develop and implement data governance policies for payment and cash custody applications.
- Monitor and analyze data flows to identify risks, inconsistencies for improvements
- Coordinate with IT, operations, & compliance teams to ensure that data accuracy is in line with regulatory compliance.
- Conduct regular audits and assessments of data quality and security within relevant systems.
- Document data lineage and maintain metadata repositories for critical business information.
- Provide training and guidance to stakeholders on best practices in data governance and stewardship.
What we value
These skills will help you succeed in this role:
- Commitment to deliver single source of truth for cash data (custody view) enabling real time reporting and position management
- Active engagement with data stewards, Data Governance teams and EDGM to satisfy all data governance requirements
- Ensure the Data Governance activities are being identified and actioned throughout the tollgates (Assessment, Establishing Accountability, Identifying Data Governance Tasks, Data Governance Checkpoints and Enterprise Data Catalog Completeness in Collibra)
- Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
- Ensure that the highest level of the Code of Conduct is displayed in your behaviour
- Provide appropriate management information as required to support the business needs
- Implement the ‘Risk Excellence’ culture within the business
- Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations
Education & Qualifications & Preferred Skills
- Bachelor’s degree and/or Master’s Degree in Finance/Computer Science, Information Systems, or related field.
- A minimum of 3 to 5 years of Experience with Investment Banking in the Assets Servicing area of payment and cash custody applications and data governance frameworks.
- Strong analytical, problem-solving, and communication skills.
- Familiarity with regulatory requirements impacting financial data management.
- Experience in banking environments or financial services
- Proficient in Data Lineage, Mapping and experience in Data Governance Application i.e. Collibra
- Good knowledge of data privacy laws and compliance standards.
- Ability to manage multiple projects and work collaboratively with all the stakeholders
- Proficiency in data analysis tools and techniques.
- Having knowledge on SQL, Python, Power BI, is a plus
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 by location, but you may expect generous medical care, insurance, and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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