Vice President - Product Manager, Account Services (Finance)

Job Description

What are we looking for?

State Street Alpha Service product team is seeking a versatile individual in a Vice President role with strong product development, product life cycle management, client relationship, and business analysis skills for the development and support of services and product offerings within the Account /portfolio onboarding data and life cycle management area. This qualified individual will develop and deliver products, business solutions, and strategies aligned with our Alpha Account onboarding and data integrations with downstream consumers. Account Service product family involves 1) New account /portfolio onboarding 2) Managing portfolio life cycle events and 3) Static data maintenance. This role will focus on driving front, middle, and back-office service innovations that support and streamline end-to-end integration, servicing, and interoperability for our Alpha clients.

Why this job is important to us?

State Street Alpha brings together data and capabilities across the investment lifecycle to help our clients make better decisions, grow at scale, and deliver returns for their clients. We partner with clients to optimize their operations, data, and technology footprint by leveraging the Alpha Platform and outsourced Alpha Services. The successful candidate must be skilled in analyzing our complex business service flows across front, middle, and back office operating models for our Alpha Clients, with a focus on post-trade execution lifecycle products and services. They will also be driving the strategic solution design, business architecture, and business solutions/services while driving program/project execution and reporting.

What you will be responsible for?

Product Management and delivery:

• Serve as the Product Owner in Agile Rooms, collaborating with development teams, Scrum Masters, and key stakeholders to drive product delivery within the reference data product space, particularly in the asset management or servicing industry.
• Define and prioritize the product backlog, translating business vision into actionable user stories with clear, measurable acceptance criteria.
• Own the development of client portfolio and entity data sets, leveraging configurable workflow tools to drive seamless execution, ensuring automated, efficient interactions across systems and processes.
• Balance technical debt, emerging demands, and client requests, optimizing delivery while safeguarding product quality and integrity.
• Facilitate smooth API integration and leverage JSON messaging structures to ensure seamless data exchange from and to the client.
• Oversee User Acceptance Testing (UAT) to validate that product features meet business requirements and ensure successful releases.
• Act as a bridge between business and technology teams, ensuring transparent communication and alignment with product goals.
• Gather, analyze, and document business and system requirements, engaging with stakeholders to validate needs. Architect product solutions based on consistent design principles.

Collaboration and Leadership:

• Collaborate closely with cross-functional teams, including engineering, client success, sales, and operations, to ensure a unified approach to product delivery.
• Represent the product team in executive-level discussions, aligning product strategies with State Street Alpha's broader strategic goals, while offering insights on the overall product portfolio.
• Align the product roadmap with business strategy, market demand, and the competitive landscape to drive measurable impact.
• Design and implement client-facing products, fostering a culture of continuous improvement and operational excellence.
• Support special initiatives, including market product research and strategic projects, contributing to long-term product growth.
• Demonstrate the ability to lead teams without direct management authority, influencing outcomes through collaboration and vision.

What we value?

These skills will help you succeed in this role:

• Reference Data product experience with portfolio, entity and other reference data using workflow tools, configuration, business rules for event driven processes.
• Possess strong knowledge of front-to-back Investment management/Investment services processes and various asset classes.
• Creation of business process flows and defining the business problem, solution design using various tools such as Visio, ARIS etc.

- Excellent analytical and interpersonal skills for diverse and senior audiences.

• Excellent time management and organization skills, with the ability to manage multiple competing priorities.

• Ability to think creatively and strategically with a focus on achieving outcomes.
• Product Owner role experience using Agile Methodologies.
• Ability to analyze entity-relationship diagrams and logical data models to validate design against requirements.

Education & Preferred Qualifications:

- Bachelor's degree in finance, MIS, Information Technology, or a related field of study.

- 15+ years of experience in Asset management or Asset servicing organization.

• Work experience in fintech product management, business operations or technology area.

- Ability to Analyze and query large data sets

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, investments 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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help 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, experience and perspective 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 the 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 program 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 www.StateStreet.com/careers

Salary Range:
$130,000 - $212,500 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.

Job Application Disclosure:

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.

State Street's Speak Up Line Salary Minimum: 130000Salary Maximum: 212500