Full-Time

Custody and Investment Services

Product Control, Vice President

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Consulting
Financial Services

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA + 2 more

More locations: London, UK | Denmark, WI, USA

Category
Product Management
Product Strategy
Product
Required Skills
Python
Tableau
Requirements
  • Finance or Business Management background
  • Solid understanding of the Custody family of products; Global Custody, Direct Custody and associated FX and Cash products
  • Budget and finance skills
  • Proven expertise in strategy documentation.
  • Strong analytical and presentation skills, using MS Office suite.
  • Understanding of product control frameworks and governance requirements.
  • Strong stakeholder management skills with an ability to navigate organisation through the solution delivery cycle.
  • Proven change agent with track record of delivery
  • Track record of solving data integration challenges across complex and at scale data sets
  • Data management/ data visualisation techniques (Tableau, Alteryx, Python)
  • People management skills, to manage the book of work, as well as the development of members of the team.
  • VP with 8+ years’ experience in Asset Servicing / Securities Services
  • Worked in Product organisations in prior roles.
  • Prior experience working in Product / Finance / Business Management / Controller.
  • Strong team player who can thrive in a large complex global organization.
Responsibilities
  • P&L and commercials analysis on both Revenue Fees and NII
  • Data sourcing on various business metrics and financial reporting
  • Development of the Product Platform to build P&L tools covering price, risk, cost to serve and key metrics
  • Conduct and co-ordinate deep dives on strategy or risk topics across the business
  • Work across functions and finance teams to understand business impacts of expense allocations, and drive improvements.
  • Assist in the function’s management responsibilities covering OKRs, People initiatives, Strategy, and Management Reporting.

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.

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