
Financial Services · 48k people
Alternatives Product Business Analyst – Hedge– Assistant Vice President
Posted 22 Oct
What’s this role about? Lead and deliver alternative investment development programs, primarily focused on hedge products, coordinating across business, product, client-facing, global delivery, and technology teams. Manage governance, documentation, agile execution, status reporting, risks, issues, testing, and implementation while supporting strategic solution design and collaboration across business units.
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Company
About State Street At State Street, we deliver leading investment platforms, data, expertise, and solutions that accelerate performance and better decision making. With over 200 years of global financial leadership, we equip institutional investors through a comprehensive suite of capabilities: Investment Services: Integrated front-to-back solutions across custody, accounting, and operations. Investment Management: Index and active strategies from one of the world’s largest asset managers. Markets: Multi-asset trading, FX solutions, and data-driven research to enhance portfolio value. Who We Are • 50,000+ employees worldwide • Active in 100+ markets • #1 in ETF servicing What You’ll Find Here • Executive perspectives and thought leadership • Timely market commentary and macro insights • Our views on investment operations, ETFs, private markets, and digital finance • Stories reflecting our culture, values and commitment to diversity and inclusion
State Street

Responsibilities
- Lead and/or perform the execution of specified Alternative development programs, with a focus on Hedge, including partnering with other members of the client facing, product, global delivery and technology teams.
- Use latest AI technology to manage project documentation including business case creation, requirements, development plans.
- Facilitate program governance including compliance with policies, best practices, oversight of issues, risks, audit and compliance items in support of program reporting.
- Participate as product owner or business analyst for agile development programs including prioritization, epic & story creation, status tracking, execution status meetings, issue escalation/resolution, testing & implementation
- Collaborate globally across business units to share approaches, develop best practices and improve the teams capabilities to successfully execute and deliver new capabilities or better serve clients.
- Manage project status meetings, ensuring complete and accurate reporting and updates for senior management and key stakeholders around issues, risks, progress and accomplishments.
- Understand the firm’s strategic plans, business, process and architecture and apply that knowledge in the solution design and development phases.
Qualification
- Highly proficient in AI
- Highly organized, strong analytic skills, ability to operate independently and to move seamlessly between multiple projects/implementations with changing client requirements
- Ability to organize, prioritize, balance key tasks and manage time effectively.
- Demonstrate strong communication skills and the ability to develop and define clear business requirements for various project documentation e.g. use cases, business requirement document.
- Comfortable facilitating working groups and large discussions to ensure common understanding and drive decisions.
- Strong presentation skills to both internal and external stakeholders, including client interaction.
- Ability to evidence facts and back up with data to validate decision making.
- Ability to distil complex information into clear, concise actionable insights for senior management.
- Demonstrate the ‘Risk Excellence’ culture in your behaviour and a high level of Code of Conduct
- Bachelor’s degree on business, accounting or related experience.
- Experience in implementing AI process solutions
- Minimum of 5-8 years within Alternative industry;
- Working knowledge of SDLC, Jira, Clarity and other development related tools.
- Knowledge of or experience leading projects related to the financial services industry is an advantage.
- Experience interacting and presenting to senior management around status and strategy reporting.
Benefits
- 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.
- Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
- For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
- Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
- We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
- Read our CEO Statement
- 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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