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Salary
$33k – $68k per year (Estimated)
Location
In office (Bengaluru, Hyderabad)
Seniority
Architect · 16+ years exp
Employment
Full-Time
Overview
Company
Impact
Profile match
State Street is an American financial institution founded in Boston in 1792 and one of the oldest banks in the United States, though its modern business bears little resemblance to retail banking. It is one of the three dominant global custodians, holding trillions of dollars of assets in safekeeping for institutional investors and providing the fund accounting, administration and settlement infrastructure that asset managers depend on. Its investment arm State Street Global Advisors created the first American exchange traded fund with the SPDR S&P 500 Trust and remains one of the largest index managers in the world.

Job Description

What are we looking for?

State Street Alpha Service product team is seeking a visionary Vice President to lead product innovation and lifecycle management for Alpha Services, driving transformative solutions in account onboarding and integration. This qualified individual will develop and deliver products, business solutions, and strategies aligned with our Alpha Account onboarding and data integration with downstream consumers. This leader 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 is this job 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. This role is pivotal in shaping Alpha’s next-generation onboarding and lifecycle solutions, enabling clients to scale faster and operate smarter

What will you be responsible for?

Product Development:

  • Oversee the end-of-the-end product lifecycle for portfolio onboarding data and workflow solutions, from ideation and business case development to design, implementation, and delivery, ensuring seamless new account setup and lifecycle maintenance.

  • Leverage data analysis techniques to inform solution design and identify potential risks and challenges.

  • Embed Agile Practices into product development cycles:

    • Lead and participate in daily standups, retrospectives, and sprint planning sessions to ensure clear progress and timely issue resolution.

    • Collaborate with Agile Scrum Masters and IT teams to bridge communication between business and technology stakeholders.

    • Incorporate client feedback iteratively by involving clients in regular demo sessions and milestone reviews, ensuring products meet user expectations.

  • Drive initiatives to improve system redundancies and operational efficiencies within Account services workflow, UI, ODS and downstream consuming systems.

Product Solution and Strategy:

  • Develop and execute a product strategy for portfolio and account reference data solutions, ensuring alignment with industry trends, technology advancements, and client needs.

  • Conduct market research and competitive analysis to understand the technology landscape and adopt a future-proof product strategy.

  • Create and manage a product roadmap, outlining feature development, enhancements, and implementation timelines to drive continuous product evolution.

  • Gather and analyze customer feedback, translating insights into actionable product improvements that enhance user experience and satisfaction.

  • Build strong business cases with quantifiable outcomes, ensuring a clear return on investment (ROI) and strategic alignment with broader business objectives.

Stakeholders Management:

  • Establish strong cross-functional partnerships with Operations, Technology, and Product teams to drive integrated business solutions that support client and strategic business goals.

  • Gather and document detailed business and functional requirements, ensuring seamless collaboration between product, operations, and technology teams.

  • Work closely with product implementation teams to ensure a smooth transition from development to deployment, driving successful product delivery and client adoption.

What we value?

These skills will help you succeed in this role:

  • Deep expertise in portfolio and account reference data across front, middle, and back-office functions within asset management, wealth management, and alternative investments

  • Strong analytical and interpersonal skills to effectively communicate with diverse stakeholders, including senior executives.

  • Proven ability to manage multiple competing priorities, demonstrating excellent time management and organizational skills.

  • Experience as a Product Owner working with Agile methodologies, driving product development from ideation to execution.

  • Expertise in designing new solutions by analyzing requirements, assessing system capabilities, and drafting detailed business and functional requirements.

  • Strong attention to detail with the ability to conduct in-depth analysis, ensuring portfolio data structures align with business needs.

  • Ability to interpret entity-relationship diagrams and logical data models, validating system designs against business requirements.

  • Integrate emerging technologies such as automation, AI, and distributed ledger technology (DLT) to optimize operational workflows for portfolio reference data and lifecycle events.

  • Conduct market intelligence, competitive analysis, and industry trend research, with a focus on new account onboarding and lifecycle maintenance workflows, to drive innovation and differentiation.

  • Represent the product team in executive-level discussions, ensuring alignment with State Street Alpha’s strategic objectives and contributing to the broader product portfolio vision.

  • Serve as a thought leader within the organization, providing expertise on data products, workflow automation, and product strategy, while mentoring junior team members.

  • Knowledge of State Street’s technology infrastructure for front, middle, and back-office services is a plus.

Education & Preferred Qualifications:

  • Advanced degree in business, technology, or a related field. CFA, MBA, or Masters preferred.

  • 16+ years of experience in product development, preferably in large financial services or asset management firms. Through understanding of end-to-end operational processes, risk and interdependencies.

  • Strong understanding of Agile development methodologies.

  • Proven track record of successfully launching and managing complex fin-tech products.

  • Excellent communication and presentation skills.

  • Apply strong business judgment to surface implications and practical, high impact options.

  • Proven experience in product management, including product market research, development, product delivery, and client implementations.

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.

Discover more information on jobs at StateStreet.com/careers

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