Who we are looking for

We are looking for a leader to join the Global Hedge Products Division that will be responsible for the North American book of business and play a leading role in the strategic platform development of the business. You will serve as a thought leader and be part of the advocacy efforts to ensure State Street remains at the forefront of the Global Hedge business. To ensure our strategic investments are aligned and will continue to exceed clients’ expectations – you will play an active role alongside the client facing organization to lead a disciplined and pro-active client outreach program that captures the voice of client.

The successful candidate must be highly organized, possess strong analytic skills, ability to operate independently, good communication skills and an ability to move seamlessly between multiple projects/implementations with changing client requirements. The role will include executing development work for clients specific implementations and as part of the broader private markets offering with all clients. 

Why this role is important to us

The Global Hedge business forms a significant portion of the Global Alternatives revenue stream. We are one of the largest Fund Administration provider globally with Assets under Administration in excess of USD 4 trillion dollars. To ensure we continue to exceed our clients’ expectations, we need to ensure we continue to invest in our core platforms strategically and continue to deliver leading product and service capabilities.

What you will be responsible for

Work across global cross-functional team focused on product strategy for Global Hedge core fund administration capabilities. Reporting to the Global Head of Hedge Funds, you will play a leading role in strategy formulation, operating model design and oversee strategic project implementation.You will be responsible for the overall book of business for North America and serve as the primary strategic product lead alongside the Chief Commercial organization to understand the needs and key priorities of our existing and new clients.Develop product business cases and engage key stakeholders both internally and externally to ensure we are developing product capabilities that continue to exceed our clients’ expectations.Pricing Governance – Serve as a deal team member for North America and to ensure all pricing proposals are reviewed and consistent with our overall book of business.Lead and/or perform the execution of specified Global Hedge development programs, including partnering with other members of the client facing, product, global delivery (operations) and technology teams. Help create assigned development plans, manage development execution, coordinate requirements gathering, translating and participating in the agile development process, testing and roll-out of capabilities.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 assigned role for agile development programs including organizing program, status tracking, execution status meetings, issue escalation/resolution, and communicating status to internal and external stakeholders.Participate in development of transition plan to migrate new capabilities into our operating model; and addressing the administrative aspects of establishing the product or service offeringDevelop a deep understanding of the current technology and operating models within State Street supporting and affecting Global Hedge fund clients.  This knowledge will increase your ability to create effective plans and execution of development.Collaborate with other teams to share approaches, develop best practices and improve the teams capabilities to successfully execute and deliver new capabilities or better serve clients.Support annual product assessment, planning and funding prioritization activities.

What we value

Entrepreneurial and self-directed – operates as an owner.A dynamic problem solver – consistently utilizes a solution driven mindset.A thoughtful communicator who can express complex ideas in simple, practical termsAbility to juggle multiple projects and collaborate well with others.Proven leadership qualities and can influence stakeholders both internally and externally.A great collaborator that can work across different stakeholder groups internally to ensure execution of all planned activities.

Education & Preferred Qualifications

Bachelor’s degree on business, accounting or related field.At least 10 -1 5 years’ experience gained either in a fund administration background or related roles where you can clearly demonstrate knowledge of the Global Hedge product offering.Project Management skills and/or certifications will be a plus.Experience in business requirements analysis.

Salary Range:

$170,000 - $267,500 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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