Product Management, Vice President, Onsite

Company:  State Street
Location: Boston
Closing Date: 08/11/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Who We Are Looking For

The Global Markets (GM) Product Manager Vice President (VP) executes a portfolio of initiatives, delivering product and infrastructure to our State Street Global Markets trading business teams. The GM Product Management team encompasses all aspects of the business:

  • Strategy implementation
  • Design, development and implementation of client facing product, trading infrastructure and operational models
  • Risk oversight metrics and reporting

The successful candidate will work with business leaders to implement strategic and tactical initiatives, will partner with technology, operations and other business partners to deliver product and infrastructure aligned with our strategic goals and regulatory requirements.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What You Will Be Responsible For

As GM Product Manager VP, you will:

  • Partner with business leaders to identify product, trading infrastructure and operating models necessary for the successful implementation of strategy and initiatives
  • Translate business strategic vision into functional product plans
  • Usher product through internal and regulatory governance
  • Define product features and develop product overviews, workflows and visual artifacts to crystalize product use, and process owners.
  • Work with technology to drive technology solutions and deliverables to meet product requirements
  • Manage business partner demand and help resolve competing priorities
  • Build relationships with business partners (i.e. Legal, Compliance, Operations, IT, Finance, Procurement etc.) and ensure they understand business needs to create robust and sustainable solutions.
  • Become a subject matter expert for the trading businesses across initiatives and projects.
  • Understand the full trading flow life cycle and objectives and priorities of the business
  • Resolve significant issues or roadblocks working with regional management across the bank as required.
  • Review, analyze, and evaluate business and user needs in order to recommend solutions and options
  • Develop and execute projects to meet changing needs and requirements
  • Identify and frame risks and issues as well as ensure their timely resolution or escalation
  • Define the workflows, processes, policies and procedures utilized to conduct our trading businesses
  • Effectively communicate, collaborate and develop relationships with diverse stakeholders with varied interests.
  • Keep abreast of industry trends and upcoming changes brought about by competitive, market and or regulatory influences.

What We Value

These skills will help you succeed in this role:

  • Subject matter expertise in trading and capital markets
  • Demonstrated success simultaneously executing multiple projects and business initiatives within complex organizational settings
  • Demonstrate capability to interact, negotiate and influence at all levels of management and across the organizations
  • Outstanding organizational, analytical and consultative abilities

Education & Preferred Qualifications

  • Bachelor’s Degree or equivalent (MBA preferred)
  • 10+ years of industry experience

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

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.

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.

Job ID: R-753708

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