What are the responsibilities and job description for the State Street Markets Portfolio Solutions Product Management, Vice President position at State Street?
Who We Are Looking For
The State Street Markets Portfolio Solutions Product Manager Lead (“PS Product Manager Lead”) executes a complex portfolio of strategic and tactical initiatives for the Portfolio Solutions business line of State Street Markets. The portfolio encompasses broad aspects of the business: strategy development and implementation; new product, geographic and product expansion, trading systems and operational model design and implementation; governance approvals and risk oversight. The PS Product Manager Lead will partner with Strategy, Technology, Operations, Business Risk, Legal and other business partners to execute initiatives and deliver product and infrastructure aligned with our strategic priorities.
This role could potentially be based in Boston, Jersey City, or London.
Why this role is important to us
The team you will be joining is a part of State Street Markets (Markets). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to Markets business unit. As our investment research and trading arm, Markets number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
Join us if making your mark in the capital markets industry from day one is a challenge you are up for.
What You Will Be Responsible For
The PS Product Manager Lead is a player coach and will be responsible for executing a subset of the portfolio while also managing the entire portfolio to ensure it is resourced and progressing as prioritized.
$110,000 - $207,500 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.
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.
About State Street
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.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
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.
Job ID: R-786892
The State Street Markets Portfolio Solutions Product Manager Lead (“PS Product Manager Lead”) executes a complex portfolio of strategic and tactical initiatives for the Portfolio Solutions business line of State Street Markets. The portfolio encompasses broad aspects of the business: strategy development and implementation; new product, geographic and product expansion, trading systems and operational model design and implementation; governance approvals and risk oversight. The PS Product Manager Lead will partner with Strategy, Technology, Operations, Business Risk, Legal and other business partners to execute initiatives and deliver product and infrastructure aligned with our strategic priorities.
This role could potentially be based in Boston, Jersey City, or London.
Why this role is important to us
The team you will be joining is a part of State Street Markets (Markets). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to Markets business unit. As our investment research and trading arm, Markets number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
Join us if making your mark in the capital markets industry from day one is a challenge you are up for.
What You Will Be Responsible For
The PS Product Manager Lead is a player coach and will be responsible for executing a subset of the portfolio while also managing the entire portfolio to ensure it is resourced and progressing as prioritized.
- Translate business strategic vision into functional product plans
- Define product features and develop product overviews, workflows and visual artifacts to crystalize product use, and process owners.
- Work with technology to drive technology solutions and deliverables to meet PS Business requirements
- Document and Manage technology and other business partner demand; help resolve competing priorities and constraints
- Build strong relationships with business partners ( i.e Legal, Compliance, Operations, IT, Finance, Procurement etc.) and ensure they understand business needs to create robust and sustainable solutions.
- Manage internal relationships and communications with business partners.
- Resolve significant issues or roadblocks working with senior management across the bank as required.
- Effectively, communicate, collaborate and manage relationships with diverse stakeholders with varied interests.
- Manage budgets and resources effectively to deliver projects on time and within scope.
- Collaborate with technology, compliance, and legal teams to ensure products meet regulatory requirements and customer expectations
- Develop and maintain strong collaborative relationships with key stakeholders throughout the organization, ensuring transparency and buy-in at all project stages.
- Champion communication bridges between technical and non-technical teams, enabling efficient prioritization and decision-making for financial product initiatives.
- Led cross-functional teams by gathering input and requirements from stakeholders across finance, operations, technology, and compliance departments to define and deliver impactful product solutions.
- Facilitate regular stakeholder workshops and feedback sessions to align product strategy with evolving business needs and regulatory requirements.
- 15 years of Industry Experience
- Familiarity with trading lifecycle and operating models
- Equities, Fixed Income, Broker Dealer exposure
- Demonstrated success executing initiatives and technology within complex organizational settings
- Demonstrated capability to interact, negotiate and influence senior management
- Outstanding organizational, analytical and consultative abilities.
- Staff management, training and development
$110,000 - $207,500 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.
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.
About State Street
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.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
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.
Job ID: R-786892
Salary : $110,000 - $207,500