Alternatives Product Business Analyst – Hedge Middle Office– Assistant Vice President

State Street•Boston, MA

About The Position

The Alternatives Product organization is seeking a qualified leader to lead alternatives projects, primarily within Hedge Middle Office. The role requires experience in alternative asset classes and program/project management to manage complex business transformation and technology development. The person will work directly with stakeholders across the business, technology, and product organization, including senior management, and should understand the Alternatives business. The role includes leading or executing Alternative development programs, supporting agile development as a product owner or business analyst, and applying AI technology to project documentation. It also involves program governance, stakeholder communication, global collaboration, and applying knowledge of the firm’s strategy, business processes, and architecture to solution design and development.

Requirements

Bachelor’s degree in business, accounting, or related experience.
At least 5 years of experience within the alternative industry; the posting states a minimum of 5–8 years.
Experience implementing AI process solutions.
Working knowledge of SDLC, Jira, Clarity, and other development-related tools.
Highly proficient in AI.
Strong organization and analytical skills, with the ability to work independently and manage multiple projects or implementations amid changing client requirements.
Ability to organize, prioritize, balance key tasks, and manage time effectively.
Strong communication skills and ability to develop clear business requirements and project documentation, such as use cases and business requirement documents.
Ability to facilitate working groups and large discussions to establish common understanding and drive decisions.
Strong presentation skills with internal and external stakeholders, including clients.
Ability to support decisions with facts and data and distill complex information into concise, actionable insights for senior management.
Experience interacting with and presenting status and strategy reporting to senior management.
Demonstrate a Risk Excellence culture and a high level of Code of Conduct.

Nice To Haves

Knowledge of or experience leading projects related to the financial services industry.

Responsibilities

Lead and/or execute specified Alternative development programs, with a focus on Hedge Middle Office, in partnership with client-facing, product, global delivery, and technology teams.
Use AI technology to manage project documentation, including business cases, requirements, and development plans.
Facilitate program governance, including policy and best-practice compliance and oversight of issues, risks, audit, and compliance items for program reporting.
Participate as a product owner or business analyst in agile development programs, including prioritization, epic and story creation, status tracking, execution meetings, issue escalation and resolution, testing, and implementation.
Collaborate globally across business units to share approaches, develop best practices, and improve team capabilities to deliver new capabilities and better serve clients.
Manage project status meetings and provide complete and accurate updates to senior management and key stakeholders on issues, risks, progress, and accomplishments.
Apply knowledge of the firm’s strategic plans, business, processes, and architecture during solution design and development.

Benefits

401(k) retirement savings plan with company match.
Insurance coverage including basic life, medical, dental, vision, long-term disability, and optional additional coverages.
Paid time off, including vacation, sick leave, short-term disability, and family care responsibilities.
Access to an Employee Assistance Program.
Incentive compensation, including eligibility for annual performance-based awards, with specified exclusions for certain sales roles.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.