Product Development, MD

Responsibilities

• In collaboration with the Global Head of Real Assets and global Alternatives Product team, build and execute the product strategy for State Street’s Alternatives segment in the region.
• Grow our Alternatives share of wallet by partnering and solutioning with our sales and segments teams, including supporting RFI/RFP responses and pitch meetings.
• Understand the firm’s strategic plans, business, process and architecture and apply that knowledge in the solution design and development phases.
• Assist in creating our technology, services and product strategy including competitive landscape, pricing and go-to market.
• · Act as subject matter expert for the US Private Markets and global Real Asset products.
• · Participate and provide thought leadership for the product.
• Gather and track client feedback/requests and incorporate in product development roadmap.
• Lead conception, development and implementation of new products, capabilities or services impacting the Private Markets business, including partnering with other members of the Product team, Global Delivery, Technology and the Alpha team.
• Support annual planning and funding prioritization activities where required.

Skills

• A combination of proven performance, business acumen, and critical thinking skills.
• Strong written and verbal communication, influencing and collaboration skills including the ability to effectively present information and respond to questions from senior leaders at State Street, clients and prospects.
• Experience in supporting sales processes by pricing new business, participating client/prospect presentations and pitch meetings.
• Demonstrate strong understanding of product development process, agile development and experience with asset servicing for Private Markets is a plus.
• Excellent project management, analytical and process transformation skills, including experience with agile development processes and tools.
• Ability to organize, prioritize, balance key tasks and manage time effectively – expectation to lead as well as roll up your sleeves as needed.
• · Self-motivated professional with the ability to work under pressure to meet deadlines and goals
• Education & Preferred Qualifications
• · Minimum of 15 years of Alternatives experience in back, front and/or middle office.
• · Expertise with fund accounting, investor services and data management platforms
• · Understanding of the Alternatives industry including regulatory requirements
• Salary Range:
• $170,000 - $267,500 Annual
• The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the 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

Qualifications

• A combination of proven performance, business acumen, and critical thinking skills.
• Strong written and verbal communication, influencing and collaboration skills including the ability to effectively present information and respond to questions from senior leaders at State Street, clients and prospects.
• Experience in supporting sales processes by pricing new business, participating client/prospect presentations and pitch meetings.
• Excellent project management, analytical and process transformation skills, including experience with agile development processes and tools.
• Ability to organize, prioritize, balance key tasks and manage time effectively – expectation to lead as well as roll up your sleeves as needed.
• · Self-motivated professional with the ability to work under pressure to meet deadlines and goals
• · Minimum of 15 years of Alternatives experience in back, front and/or middle office.
• · Expertise with fund accounting, investor services and data management platforms
• · Understanding of the Alternatives industry including regulatory requirements
• $170,000 - $267,500 Annual
• The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

Preferred Qualifications

• Demonstrate strong understanding of product development process, agile development and experience with asset servicing for Private Markets is a plus.
• Education & Preferred Qualifications
• 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.