Product Strategy, Secured Financing Specialist - Vice President

Why this role is important to us

The team you will be joining is a part of State Street Markets (SSM). Financing Solutions (FS) - including Secured Financing, Prime Services, and Agency Lending business lines - provides a spectrum of secured financing and cash investment solutions to the buyside community. Our Product Strategy team, in alignment with business team leads, drives new product design and development critical to implementing our client-focused solution set and strategic roadmap. The Secured Financing business offers a suite of innovative and market-leading cash investment and/or financing solutions via repurchase agreements (repos).

What you will be responsible for

As a Product Strategy, Secured Financing Specialist, VP you will be responsible for implementing and developing product strategy, delivering new products, managing regulatory change and providing solutions to our existing clients and pipeline of new clients. The Financing Solutions Product Strategy team operates in a fast-paced environment to drive the design, development, and implementation of new or enhanced product offerings across the Financing Solutions suite of businesses. The team works hand-in-hand with the Trading, Operations, Relationship Management, Legal, Risk, Finance, Regulatory, Compliance and Technology functions to represent Financing Solutions’ products as subject matter experts and ensure all perspectives have been considered and incorporated. Our business operates in a competitive market landscape, and so we measure our success by the pace, quality, and amount of new product implementations we bring to market.

Responsibilities

• Drive product development efforts by collaborating with cross-functional teams to clearly define, design and implement solutions for complex initiatives
• Partner with colleagues to identify opportunities to enhance Secured Financing’s product set to promote efficiency, alignment to client needs, and industry trends
• Regularly engage directly with the Head of Secured Financing to manage project prioritization and strategic planning
• Serve as subject matter expert for Secured Financing’s products to assist teams in understanding and successfully delivering products to clients
• Stay abreast of industry developments and represent Secured Financing in industry and client discussions

What we value

• Strong, well-rounded understanding of repo products in the marketplace
• Ability to lead, prioritize and execute multiple simultaneous priorities and initiatives in defined timeframes
• Intellectual curiosity and creativity combined with orientation to detail; keen ability to distil complex concepts for varied audiences
• Entrepreneurial and self-directed – operates as an owner

Education & Preferred Qualifications

• +10 years of experience in financial services, preferably focused in repo and funding markets
• Familiarity with cleared repo models, both in the US and abroad

Salary Range:

$115,000 - $190,000 Annual

The 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 https://hrportal.ehr.com/statestreet/Home.

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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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.