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Full-Time

Product Owner & Strategy

Transaction Lifecycle Mgmt, Alpha Assistant Vice President

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$80k - $132.5kAnnually

Senior, Expert

Boston, MA, USA

Category
Product Management
Product Strategy
Product
Required Skills
Sales
Management
SQL
iOS/Swift
Requirements
  • Bachelor’s degree with at least 5 years' experience as a business / product analyst, or related experience, requirements gathering, design, and development of enterprise application systems
  • Strong industry and work experience with the front, middle and back office related integrations, functionality, and electronic order management platforms (i.e. Bloomberg PORT, CRD, BRS Aladdin, SimCorp Dimension, etc.)
  • Understanding of messaging protocols and formats such as XML and JSON.
  • Understanding financial industry messaging formats such as FIX, SWIFT, or FpML is a plus.
  • SQL/database query skills a plus
Responsibilities
  • Act as a Product Owner and champion within the company and industry representing Transaction Lifecycle Management product and services
  • Gathering of business/system requirements by facilitating user/client meetings, interviewing users, and researching.
  • Design and implement client agnostic solutions that support and streamline end to end transaction servicing and interoperability for our Alpha clients
  • Identify compile, analyze and document business requirements that accurately and thoroughly reflect business needs.
  • Establish strong partnerships with project sponsors and stakeholders in Operations, Technology and other product teams within the State Street, & Charles River to influence and coordinate cross-functional business solutions and products, in support of client and business goals
  • Act as liaison between client services, and technology teams to support product positioning, customer demand and prioritize opportunities as part of the Transaction Management product strategy and development
  • Work with business and technology partners to establish clear connections between business goals, strategies and the data and technology investments required to achieve them
  • Define, maintain, and evangelize the product roadmap and 3-5 year vision, ensuring alignment with business transformation goals eliminating manual processing and reconciliation in support of decrease risk and unit cost
  • Deliver concise and meaningful presentations for internal and external audiences, including education and training of Sales, support groups, and executive level presentations
  • Manage ongoing product demand, prioritization, program and project management
  • Working directly with 3rd party vendors, OMS’, accounting agents and other interested third parties to manage implementations and deployments.

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' financial goals. The company distinguishes itself through its commitment to innovation and promoting diversity and inclusion within its workforce. State Street aims to deliver high-quality financial services while fostering a supportive and inclusive culture.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
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.