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State Street

Holds assets for institutions and runs index funds

Global Hedge Product Management Vice President

Product ManagementConfirmed live in the last 24 hours
Full-timeBoston, MA, USAIn-person

About the Job

Requirements

  • Approximately 8 to 15 years of relevant experience in hedge fund servicing, asset servicing, investment operations, product management, product development, consulting, technology, or client solutioning.
  • Strong understanding of hedge fund operating models and the needs of alternative investment managers.
  • Experience in one or more relevant areas, such as fund administration, middle-office operations, investment data, front-to-back technology, collateral, derivatives, treasury, financing, custody, investor servicing, or regulatory reporting.
  • Demonstrated success leading product initiatives, complex client engagements, platform enhancements, or operating-model transformation.
  • Experience translating business and client needs into structured requirements, roadmaps, business cases, and implementation plans.
  • Strong analytical, problem-solving, presentation, and written communication skills.
  • Ability to influence senior stakeholders and coordinate delivery across Product, Technology, Operations, and client-facing teams.
  • Proven ability to manage several priorities in a fast-moving, global environment.
  • Bachelor's degree or equivalent professional experience required.

Responsibilities

  • Help define and execute the product strategy and roadmap for State Street's Global Hedge business, with a particular focus on the North American market.
  • Maintain a clear view of the hedge fund ecosystem, including changes in investment strategies, operating models, technology, data, regulation, and client expectations.
  • Identify product and platform gaps that affect competitiveness, client retention, scalability, and growth.
  • Translate market developments and client needs into prioritized product requirements, investment cases, and executable delivery plans.
  • Contribute to decisions concerning platform capabilities, service models, partnerships, and build-versus-buy opportunities.
  • Manage initiatives across the product lifecycle, from market assessment and concept development through implementation, commercialization, adoption, and ongoing enhancement.
  • Partner with Sales, Relationship Management, and client-facing teams to support new-business opportunities, strategic renewals, and expansion of existing client relationships.
  • Develop value propositions and solution narratives for hedge fund managers, institutional investors, and other alternative investment clients.
  • Bring a product and commercial perspective to complex client opportunities, helping teams move from individual requirements to scalable and repeatable solutions.
  • Support proposal development, client presentations, due diligence, pricing discussions, and strategic pitches.
  • Develop go-to-market plans, internal enablement materials, and campaigns that strengthen product adoption and market positioning.
  • Represent Global Hedge at selected client events, industry forums, conferences, and internal leadership discussions.
  • Engage directly with clients and prospects to understand their investment strategies, operating models, pain points, technology environments, and growth priorities.
  • Translate complex client needs into clear product requirements, solution architectures, and business outcomes.
  • Distinguish between bespoke requirements and opportunities that can become reusable platform capabilities.
  • Serve as a trusted product partner during strategic client engagements, bringing an informed point of view while remaining focused on practical delivery.
  • Use client feedback and market intelligence to shape product priorities and improve the overall client experience.
  • Connect Global Hedge capabilities with State Street's broader enterprise platform, including State Street Alpha, Charles River Development, Global Markets, custody, treasury, financing, data, and analytics.
  • Work across Product, Technology, Operations, Risk, Legal, Compliance, Finance, and client teams to ensure solutions are differentiated, commercially viable, scalable, and operationally deliverable.
  • Act as a bridge between business strategy and execution, creating alignment among stakeholders with different priorities.
  • Promote reusable solution frameworks and a One State Street approach to complex client opportunities.
  • Lead or contribute to high-priority product initiatives, ensuring clear ownership, disciplined execution, and timely escalation of risks and dependencies.
  • Build business cases supported by market demand, client value, financial impact, implementation requirements, and expected return on investment.
  • Define success measures for major initiatives, including revenue enablement, pipeline contribution, client adoption, retention, platform scalability, and operating efficiency.
  • Provide clear, concise updates and recommendations to senior management.
  • Move comfortably between strategic planning and detailed execution, rolling up your sleeves when required to drive progress.

Desired Qualifications

  • An advanced degree or relevant professional qualification is advantageous.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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