Alternatives Product Business Analyst – Hedge Middle Office– 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 complex business transformation and technology development programs for its alternatives product organization, primarily within Hedge Middle Office. The role works directly with stakeholders across business, technology, product, client-facing, and global delivery teams, including senior management. It requires strong knowledge of alternative asset classes and the alternatives business, as well as program and project management experience. The individual leads or performs alternative development programs, supports agile development as a product owner or business analyst, and helps define and deliver new capabilities. The role includes using AI technology to manage project documentation, facilitating program governance, coordinating status and execution meetings, and reporting progress, issues, and risks to senior stakeholders. The successful candidate is highly organized, communicates effectively, and can turn complex information into actionable insights.

Requirements

Bachelor’s degree in business, accounting, or related experience.
At least 5 years of experience 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 analytical and organizational skills, with the ability to work independently across multiple projects and 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 requirements documents.
Ability to facilitate working groups and large discussions to build shared understanding and drive decisions.
Strong presentation skills for internal and external stakeholders, including client interaction.
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.

Nice To Haves

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

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 on 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, 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

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.
Eligibility for annual performance-based incentive 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.