Alternatives Product Business Analyst – Hedge– Assistant Vice President

State Street•Boston, MA

2d•$80,000 - $140,000

About The Position

The Alternatives Product organization is seeking a leader to manage alternatives projects, primarily within Hedge. The role requires experience with alternative asset classes and program or project management to deliver complex business transformation and technology development. It works directly with stakeholders across business, technology, and product teams, including senior management. The successful candidate will lead or execute alternative development programs, support agile development as a product owner or business analyst, and oversee program governance, documentation, status reporting, testing, and implementation. The role also collaborates globally to share approaches and improve delivery capabilities. Strong communication, presentation, organization, analytical skills, and an understanding of the Alternatives business are important.

Requirements

Bachelor’s degree in business, accounting, or related experience.
Minimum of 5–8 years within the Alternative industry.
Highly proficient in AI.
Experience implementing AI process solutions.
Working knowledge of SDLC, Jira, Clarity, and other development-related tools.
Strong organizational and analytical skills, with the ability to work independently and move between multiple projects or implementations as client requirements change.
Ability to organize and prioritize tasks, balance competing needs, and manage time effectively.
Strong communication skills and ability to develop and define clear business requirements and project documentation, such as use cases and business requirement documents.
Ability to facilitate working groups and large discussions, build common understanding, and drive decisions.
Strong presentation skills for internal and external stakeholders, including client interactions.
Ability to substantiate decisions with facts and data.
Ability to distill complex information into clear, concise, actionable insights for senior management.
Demonstrate the ‘Risk Excellence’ culture and a high level of Code of Conduct.
Strong verbal, written, and presentation skills and a good understanding of the Alternatives business.

Nice To Haves

Knowledge of or experience leading projects related to the financial services industry.
Experience interacting with and presenting status and strategy reporting to senior management.

Responsibilities

Lead and/or execute specified Alternative development programs, with a focus on Hedge, partnering 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 teams’ capabilities to deliver new capabilities and serve clients.
Manage project status meetings and provide complete, 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 to solution design and development.

Benefits

Retirement savings plan (401K) 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 leave for family care responsibilities.
Access to an Employee Assistance Program.
Incentive compensation, including eligibility for annual performance-based awards, excluding certain sales roles subject to sales incentive plans.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.