
Financial Services · 48k people
Platform Services – Open Architecture Product Strategy - Managing Director
Posted 16 Oct
What’s this role about? You will be responsible for driving product strategy across front, middle, and back-office functions while identifying opportunities to integrate third-party tools. This role involves business planning, commercialization of services, and presenting business cases supported by financial analysis.
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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
- Boston MA, Quincy MA, Stamford CT, Clifton NJ, Princeton NJ, Berwyn PA,
- Platform Services – Open Architecture Product Strategy - Managing Director
Qualification
Required
- Qualified applicants should have extensive asset management operational
- experience at investment manager and/or service provider across multiple
- disciplines. Qualified applicant will need to understand State Street
- architecture and operating model to identify opportunities to augment/integrate
- with 3rd party tools and/or services. Demonstrated understanding and experience
- integrating new products and/or systems required. Applicants should be at ease
- leading others with no hierarchical connection and should also be comfortable
- working in a high growth business, fast paced environment driving the firms
- strategy and product capabilities. This position will require working across
- multiple geographies.
- The team you will be joining is a part of a global, cross-divisional team
- supporting State Street. State Street redefines the common definition of ‘front
- to back’ to mean powering better performance and outcomes at every point on the
- investment lifecycle and is the first open platform from a single provider that
- connects the front, middle and back office. It harmonizes data, technology and
- services across trusted providers to help our clients better manage their
- businesses. Join us if making your mark in an ever-changing, increasingly
- complex and competitive industry is a challenge you are up for.
- As a Product Strategist you will be responsible for Front/Middle/Back Office
- business engagement, understanding the customer’s needs vs our current
- capabilities and recommending solutions for development and implementation.
- This role is critical for business planning and management from the State Street
- Product organization. A successful candidate must have a strategic mindset,
- ability to collaborate, articulate a vision/roadmap and clearly communicate with
- clients and internal stakeholders.
- Commercialization of products and services (how to price, articulate value
- proposition, sales support)
- Think outside the box in producing solutions that work on an end-to-end basis
- Drive penetration into all segments of the bank (Asset Managers, Insurance,
- Asset Owners, Alts, Markets, etc)
- Articulate the vision, design the solution, assist as necessary to implement
- the solution (bring to life)
- Writing and presenting business cases that are supportable with appropriate
- financial (ROI) analysis
- Understand the macro growth drivers in financial markets and apply to
- approach and recommendations
- Understand competitive landscape and identify opportunities to differentiate
- when common technology is used
- Partner effectively with broader product organization as well as delivery and
- client coverage teams
- Leadership and ability to bring together teams across different levels and
- disciplines within the organization
- Outstanding presentation, communication (oral & written), and relationship
- building skills across all levels of management. A detail-oriented
- disposition and clear, concise communication skills.
- Strong critical thinking, problem solving, decision making and relationship
- management skills
- The Enterprise Culture traits and behaviors – Choose to own it, Break through
- Silos, Deliver results through integrity, Do Better Every Day, Care for
- colleagues, clients and community
Preferred
- processes, including front, middle, back office functions
- 15+ years operational and/or technical experience working across leading
- front, middle, back office systems. Private Markets experience a plus
- Degree qualified with a financial or analytical discipline preferred, or
- relevant experience within the financial services industry
- Proficient with Excel and PowerPoint.
- Willingness and ability to travel.
- What we do. State Street is one of the largest custodian banks, asset managers
- and asset intelligence companies in the world. From technology to product
- innovation we’re making our mark on the financial services industry. For more
- than two centuries, we’ve been helping our clients safeguard and steward the
- investments of millions of people. We provide investment servicing, data &
- analytics, investment research & trading and investment management to
- institutional clients.
- Work, Live and Grow. We make all efforts to create a great work environment. Our
- benefits packages are competitive and comprehensive. Details vary in locations,
- but you may expect generous medical care, insurance and savings plans among
- other perks. You’ll have access to flexible Work Program to help you match your
- needs. And our wealth of development programs and educational support will help
- you reach your full potential.
- Inclusion, Diversity and Social Responsibility. We truly believe our employees’
- diverse backgrounds, experiences and perspective are a powerful contributor to
- creating an inclusive environment where everyone can thrive and reach their
- maximum potential while adding value to both our organization and our clients.
- We warmly welcome the candidates of diverse origin, background, ability, age,
- State Street is an equal opportunity and affirmative action employer.
- Discover more at StateStreet.com/careers
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.
- 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.
- Discover more information on jobs at StateStreet.com/careers
- [http://statestreet.com/careers]
- 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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