Private Markets Product

Private Markets Product – Real Assets, Vice President

The Alternatives Product organization seeks a qualified leader with strong experience and interest in product solutions for Private Markets, specifically focused on Real Assets (i.e. Real Estate and Infrastructure).  State Street is making a multi-year strategic investment in Private Markets and as we look to increase our global footprint, we need a strong manager to work with clients and prospects on new product development and execution and refinement of our multi-year strategy.

This role will report to the  EMEA Head of Private Markets  and is responsible for leading the product development program of our Real Assets offering (capabilities, services and platform). The product offering includes front-office technology, traditional middle and back-office asset and fund administration, and transfer agency.  The individual plays a key role in leading the development program across, and in partnership with, the client facing, product, global delivery (operations), technology and Alpha teams.  The role is a key voice in our overall Real Assets product and in helping to strengthen State Street’s position in the industry.  The product and capabilities development work are expected to align with increasing our market share, closing product gaps to support client retention, client growth, and enhancing client experience. 

The successful candidate must be highly organized and be able to move seamlessly between multiple implementations and changing client requirements. The role will include implementing solutions not only for specific clients, but also as part of the overall Private Markets strategy that will be leveraged across Real Assets clients.

Responsibilities

• In collaboration with the EMEA Head of Private Markets and global Alternatives Product team, build and execute the Real Assets product strategy for State Street’s Alternatives segment.
• Assist in creating our technology, services and product strategy including competitive landscape, pricing and go-to market.
• Grow our Alternatives share of wallet by partnering and solutioning with our sales and segments teams, including supporting RFI/RFP responses and pitch meetings.
• Gather and track client feedback/requests and incorporate in product development roadmap.
• Manage conception, development and implementation of new products, capabilities or services impacting the Real Assets business, including partnering with other members of the Product team, Global Delivery, Technology and the Alpha team.   

• Oversee resources performing business analysis and requirements definition.
• Support annual planning and funding prioritization activities where required.
• Understand the firm’s strategic plans, business, process and architecture and apply that knowledge in the solution design and development phases.
• Act as subject matter expert for the Real Assets products.
• Participate and provide thought leadership for the product.

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.
• Demonstrated ability to lead development life cycle, complex projects or client engagements and translating needs to requirements to drive outcomes.
• Demonstrate strong understanding of product development process, agile development and experience with asset servicing for Real Assets.
• 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. – ability to lead as well as roll up your sleeves as needed
• Comfortable facilitating project working groups including internal and external stakeholders.
• Self-motivated professional with the ability to work under pressure to meet deadlines and goals

Education & Preferred Qualifications

• Minimum of 10 years of Alternatives experience in back, front and/or middle office, specifically focused on Real Assets.
• Expertise with fund accounting, investor services, property manager and data management platforms.
• Understanding of the Real Assets industry, and Private Markets more broadly, including regulatory requirements.

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 leading and 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.

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