Private Markets Product Development Lead – Investor Services & Transfer Agency, AVP

Job Overview

State Street is making a multi-year strategic investment in Private Markets and the Alternatives Product organization. The role is to support our Investor Services product development program and offering, with a focus on enhancing our Investor Services offering for private market and alternative funds. The individual will perform business analysis and project management for the development program and offerings, reporting to the VP of Product Development for Investor Services and Transfer Agency.

Key responsibilities include coordinating requirements gathering, translating requirements, participating in the agile development process, testing, and roll‑out of capabilities, while ensuring program governance, risk, audit and compliance support.

• Lead and/or perform the execution of specified Private Equity development programs, partnering with client‑facing, product, global delivery (operations) and technology teams.
• Help create assigned development plans, manage development execution, coordinate requirements gathering, translate requirements and participate 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 the development of a transition plan to migrate new capabilities into our operating model and address the administrative aspects of establishing the product or service offering.
• Develop a deep understanding of the current technology and operating models within State Street that support and affect Private Equity clients, enabling effective planning and execution.
• Collaborate with other teams to share approaches, develop best practices, and improve team capabilities to successfully execute and deliver new capabilities or better serve clients.
• Support annual product assessment, planning and funding prioritization activities as requested by Manager.
• Support development of the Private Equity Product roadmap as directed by Manager.

• Highly organized with strong analytical skills and the ability to operate independently.
• Strong project management and process transformation skills.
• Ability to facilitate project working groups and manage multiple tasks.
• Excellent written and oral communication and interpersonal skills.
• Ability to gather data and write requirements (epics and stories).
• Subject matter knowledge across Asset Servicing, Investor Services, Transfer Agency, Private Market and Alternative Fund Investments is a plus.

• Minimum of 7 years of experience in investment operations, project management, client implementation and/or business analysis.
• Experience with business analysis in an agile environment is strongly preferred.
• Knowledge of products and processes related to the financial services industry, investor services or private funds would be an advantage.

Salary Range: $80,000 - $140,000 (Annual). The range quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of the primary location, 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.

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.

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.