Who we are looking for

The State Street Custody Digital & Fund Services is looking for a candidate to support product development activity for Digital Cash and digital services.
The candidate will lead product development and drive the strategic direction of digital cash for State Street. The candidate will support evolving ideas into pilots and eventually develop products for clients.

Why this role is important to us

As digital asset and platform use cases move toward production, cash and settlement are the critical enablers. Digital Cash underpins subscription, redemption, secondary trading, and lifecycle events across modern servicing models.

This role ensures State Street's digital cash capabilities integrate seamlessly with global payment rails, messaging standards, and banking platforms, enabling safe, efficient, and compliant settlement for both traditional and digital asset flows.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

As Digital Product Development - Digital Cash Lead , you will:

• Lead product development and delivery for digital cash and settlement capabilities
• Define how cash supports delivery-versus-payment (DvP) settlement, subscriptions and redemptions, and asset lifecycle and post-trade cash flows
• Own the product design for cash orchestration across digital and traditional platforms
• Partner closely with custody, asset servicing, and digital platform teams to ensure cash solutions support evolving product models
• Work with payments, core banking, and liquidity teams to align digital cash products with:
  
  • Account structures
  • Payment processing platforms
  • Intraday and end-of-day settlement models
• Translate payment, liquidity, and settlement constraints into clear product requirements and roadmaps
• Develop business cases and prioritisation frameworks for digital cash initiatives
• Collaborate with technology, operations, risk, and compliance to ensure products meet control, resiliency, and regulatory expectations

What we value

These skills will help you succeed in this role:

• 10+ years' experience in financial services with strong exposure to cash, payments, or custody.
• Deep understanding of institutional cash movement and payment infrastructures.
• Passion for emerging technologies and continuous learning in the digital asset space.
• Strong stakeholder management across product, technology, operations, and control functions.
• Analytical, innovative, and results-driven, with excellent communication and collaboration skills.
• Clear communication skills, with the ability to simplify complex settlement concepts

Experiences We Value

We welcome applicants who bring depth in one or more of the following areas:

• Designing or delivering cash and settlement solutions within custody or asset servicing environments
• Bridging digital platforms or tokenised products with traditional banking and payment infrastructure
• Experience implementing or operating cash and payments platforms, such as: Temenos Transact, ACI Worldwide MTS / RTPS, Dragonfly Technologies Universal Online Banker
• Technical familiarity with global payment networks and messaging standards, including: ISO 20022 (pacs, camt), Fedwire,CHIPS, ACH, TARGET2 and SEPA
• Orchestration of settlement, reconciliation, and exception handling across complex operating models
• Integration of cash, custody, and third-party platforms via secure APIs

Education & Preferred Qualifications

• Strong understanding of enterprise banking and financial market infrastructures
• Experience delivering products in regulated, control-heavy environments
• Familiarity with Agile product delivery and structured requirements management
• Consulting or large-scale transformation experience is a plus

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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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