Compensation Overview

Job Description

What we are looking for

State Street’s Alpha Services Strategy, Solutioning and Product Team is looking for an Alpha Product and Strategy-Transaction Lifecycle Management, Assistant Vice President. This qualified individual will develop and deliver product, business solutions and strategy aligned with our Alpha Transaction Lifecycle Management vision. The incumbent will be the link between business teams, IT, and external parties to support Alpha’s industry leading Transaction Management and Trade Confirmation platform. In this position you will analyze business challenges and become a subject matter expert to drive business requirements with our developers. You will play a key role in designing and developing complex solutions to support our clients Front-to-Back transaction needs.

Why this job is important to us

State Street Alpha brings together data and capabilities across the investment lifecycle to help our clients make better decisions, grow at scale, and deliver returns for their clients.  We partner with clients to optimize their operations, data, and technology footprint by leveraging the Alpha Platform and outsourced Alpha Services.

The successful candidate must be skilled in analyzing our complex business service flows across front, middle, and back office operating models for our Alpha Clients, with focus on post-trade execution lifecycle product and services. They will define and drive the execution of our long-term business strategy, internal business cases, solutions and all legal and committee reviews for new products and services. They will also oversee due diligence with our clients and vendors, driving the strategic solution design, business architecture, and business solutions/services, whilst driving program/project execution and reporting.

What you will be responsible for

• 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.

What we value

• Product Owner (or similar) experience a plus
• Experience in SDLC, Agile Methodology, and associated industry tools (i.e. JIRA, etc)
• Experience with Complex OTC Derivatives a plus
• Experience working with event-driven architectures, relational / NoSQL databases, and schema management
• Ability to think creatively and strategically with a focus on achieving outcomes
• Proven history solving complex client use cases with effective business and technology solutions
• Excellent interpersonal, communication and presentation skills including expressing complex ideas and concepts
• Ability to multitask and navigate competing priorities, drive client expectations and deliverables to project milestone dates

Education & Preferred Qualifications:

• 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

Salary Range:

$80,000 - $132,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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