hero

Mass Fintech Careers

Discover the opportunities across the Mass Fintech Community

Product Manager, VP

State Street

State Street

Product
Boston, MA, USA
Posted on Thursday, April 25, 2024

usWho we are looking for

The State Street Product Office is looking for a candidate to support product management activity for digital services. The candidate will lead product development and drive the strategic direction of digital assets for State Street. The candidate will support evolving ideas into pilots, and eventually develop products for clients. The candidate will work across functions and collaborate with different teams across the firm to deliver distributed ledger products being brought to market.

Why this role is important to

The team you will be joining plays an important role 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 yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As a Product Manager you will

  • Conduct market research and competitive intelligence to observe trends or signs of change, related to digital assets in capital markets
  • Meet and coordinate with internal stakeholders to study and build use case for distributed ledger technology (DLT)
  • Prepare high level business cases and market opportunity analysis as it relates to the topics above
  • Participate in ideation sessions including brainstorming supporting the Product team
  • Deliver and manage products related to digital by working with different product teams across the firm
  • Assist with evolving the strategic thinking around digital assets services by performing research into this space and helping with building business cases.
  • Help with evaluating market evolution and competitive intelligence around areas of interest
  • Help raise the profile of State Street as an innovator in the market through suggesting new ways to gain mind share from the market
  • Raise the profile of the team internally to help channel good ideas into products and services.
  • Assist with establishing an ecosystem for digital assets by researching activity, investment and interest – clients, providers, competitors.

What we value

These skills will help you succeed in this role

  • 10+ years in financial services, either in front office, capital markets, trading, and/or operations
  • Excellent organizational skills and track record of successful project management from ideation through implementation
  • Experience in delivering products/projects across multi-disciplinary teams
  • Understanding of the ongoing market trends in crypto and digital assets
  • Thorough understanding of the functioning of asset servicing products across the value chain (fund accounting, custody, transfer agency and collateral management)
  • Demonstrated passion for innovation and emerging digital technologies with natural curiosity around new technological evolution
  • Strong analytical capabilities to understand impact of trends on our business
  • Demonstrated ability to work with cross functional teams
  • Knowledge of the DLT activity, AI activity, and regulatory activity
  • Excellent oral and written skills
  • Enthusiasm and passion to learn the digital asset space
  • Exposure to a wide set of ideas, teams, and activities

Education & Preferred Qualifications

  • Understanding of relevant enterprise financial technology solutions
  • Experience with developing innovative products from ideation through design and development (preferably within large, complex organizations)
  • Understanding of governance processes to drive implementation of service or tech changes
  • Excellent presentation, communications, collaboration and influencing skills
  • Ability to build relationships with internal and external partners and stakeholders
  • Experience in developing, implementing and going to market with Digital products and services (Distributed Ledger Technology (blockchain), smart contracts, tokenization, wallet technologies, cryptocurrencies)
  • Experience with large scale business and technology implementation
  • Big 4 consulting experience 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.

Discover more at StateStreet.com/careers

Salary Range:

$110,000 - $185,000 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.