Job Description

Who we are looking for

State Street Alpha Collateral are looking for a digital product lead to enable the delivery and growth of State Street’s Digital Collateral business. Collateral offers collateral solutions and capabilities to flexibly support our State Street clients. The product suite includes end-to-end collateral management, administration and servicing, analytics and optimization, and transformation.

This role involves managing all aspects of project execution, from initial planning and analysis to completion, ensuring adherence to timelines, budgets, and quality standards. You will report directly to the Head of Alpha Collateral Services and work collaboratively with regional and global cross-business partners and cross-organizational support functions (e.g., Digital, Custody, Sales, Onboarding, Operations, Legal, Risk, and Compliance). The candidate will collaborate and work with various functions and teams across the firm to deliver distributed ledger products being brought to market.

Why this role is important to us

The Product Lead for Collateral is tasked with the successful delivery of high-profile projects. They will lead cross-functional initiatives, coordinate with stakeholders and ensure projects are delivered in time, within budget and meet quality standards

Tasks for the Digital Collateral Programme may include items such as :

• Collateral scoping - Including products, legal agreements, collateral assets, custodians, growth opportunities
• Analysis of current operating model proposal and chosen digital vendor solutions
• Business requirements elicitation and definition in the format agreed by the client, e.g. User Stories
• Design of target operating model across; process, IT data, people, governance, risk framework, legal, regulatory and clients
• Transition state planning to implement ToM
• Validation of solution and functional design artefacts
• User acceptance Testing (UAT) scripts
• Provide accurate and timely updates on collateral workstream plan, tasks, risks, issues, dependencies, blockers and assumptions as per the cadence set out by the central governance team
• Ensure all documentation produced for consumption by the programme as deliverables follows the sign-off process laid out by the central governance team

What you will be responsible for

As Digital Collateral Product Lead your responsibilities may cover:

• Project Planning and Strategy
• Execution and Delivery
• Stakeholder Communication and Management
• Financial Analysis and Reporting
• Risk Management and Quality Assurance

What we value

These skills will help you succeed in this role:

• Exceptional communication and interpersonal skills, capable of managing relationships with senior executives and clients
• Demonstrated passion for innovation and emerging digital technologies with natural curiosity around new technological evolution
• Knowledge of the DLT and regulatory activity. A result oriented mindset, with a focus on delivering high-quality outcomes that meet or exceed customer expectations. A strong sense of accountability and ownership of your work, with the ability to take initiative and drive products forwards
• Understanding of the ongoing market trends in crypto and tokenized assets
• Understanding of, or experience working in Collateral Services
• Ability to manage multiple projects simultaneously and work under pressure
• Excellent analytical and quantitative skills, with proficiency in analysis
• Proven ability to to lead and manage cross-functional initiatives in a fast-paced, dynamic environment.
• Proficiency in project management software and tools (e.g., Microsoft Project, Clarity,)
• Capable of effectively prioritizing and escalating communication where appropriate

Education & Preferred Qualifications

• Bachelor’s degree or the equivalent combination of education and experience is required; advanced/graduate degree preferred
• Certifications: PMP (Project Management Professional), PRINCE2, or other relevant certifications are advantageous
• 5+ years of experience within financial sector preferred

About State Street

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

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

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