Full-Time

Head of Product

Private Markets, Charles River Development

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Consulting
Financial Services

Compensation Overview

$135k - $210kAnnually

Senior

Company Historically Provides H1B Sponsorship

Burlington, MA, USA

Ability to travel as required for client engagements (-20%), including internationally.

Category
Product Management
Product
Required Skills
Market Research
Product Management
JIRA
Requirements
  • 10+ years of product management experience in B2B enterprise companies
  • 5+ years in an investment management background, ideally in private markets
  • Minimum of 5 years in senior product management/ leadership roles
  • Strong technical background with a solid understanding of software development methodologies and UX/UI design principles.
  • Demonstrated success in delivering complex, innovative products that drive business results and customer satisfaction, especially in subscription based business models.
  • Exceptional leadership, communication, and interpersonal skills, with the ability to inspire and motivate cross-functional teams.
  • Progress towards CFA or CAIA is desirable
  • Experience using JIRA or other agile development tools
  • Ability to travel as required for client engagements (-20%), including internationally
Responsibilities
  • Define and communicate the product vision and strategy, aligned with the company's overall strategic goals and market opportunities.
  • Conduct market research, gather customer insights, and identify emerging trends to inform product direction.
  • Assess and understand the competitive landscape to keep the company ahead of the curve and informed about our industry, supporting our corporate strategy and M&A teams, as relevant.
  • Develop and prioritize the product roadmap based on strategic initiatives and customer needs.
  • Drive the end-to-end product development lifecycle from concept to launch, ensuring timely delivery and high-quality releases.
  • Collaborate closely with engineering to translate product requirements into actionable development plans.
  • Hire, onboard, mentor and lead a team including FTEs, contractors and other vendors.
  • Champion innovation within the product portfolio, leveraging leading technological advancements to differentiate our offerings in the market.
  • Explore new technologies, partnerships, and integrations to enhance product capabilities and user experiences.
  • Lead and mentor a team of product managers, fostering a culture of collaboration, innovation, and continuous improvement.
  • Work closely with sales, marketing, finance, legal, and customer success teams to drive product adoption, customer satisfaction (including strong NPS), and revenue growth.
  • Maintain a deep understanding of customer needs and pain points through direct interaction, market analysis, and feedback channels.
  • Advocate for the customer throughout the product development process, ensuring solutions meet and exceed expectations.
  • Represent the company as a thought leader, participating in industry events, conferences, press, and forums.
  • Build strategic partnerships and alliances to strengthen our market position and drive business growth.

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to innovation and leadership, particularly in promoting gender diversity and inclusion within the workplace. The goal of State Street is to provide high-quality financial services while fostering an inclusive environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-10%

2 year growth

-10%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.

Help us improve and share your feedback! Did you find this helpful?