Alternatives Product Control Manager - Vice President

State Street • Boston, MA

18h • $110,000 - $188,750

About The Position

State Street’s Global Product organization is undergoing a period of significant transformation to enhance scalability, transparency, and commercial performance across the Alternatives business. The Vice President – Alternatives Product Control will play a critical role in driving financial discipline, governance, and operational effectiveness across the Product organization. Reporting to the Head of Product Control, this role partners closely with Product, Finance, CAO, HR, and Technology teams to support strategic decision-making, improve reporting and analytics, and enable growth across Private Markets and Custody product offerings. This role combines financial oversight, governance leadership, and business management responsibilities, with a strong focus on enhancing product economics (P&L, cost to serve, pricing) and building scalable frameworks to support a global, complex organization.

Requirements

• Bachelor’s degree in Finance, Business, Accounting, or related field
• 7–10+ years of experience in financial services, asset servicing, or securities services
• Experience in Product, Finance, Business Management, or Product Control functions
• Advanced proficiency in Excel and PowerPoint; strong analytical and presentation skills required
• Experience with financial modeling, P&L management, and cost allocation frameworks
• Familiarity with product control frameworks, governance, and management reporting
• Experience working within Product organizations and supporting strategic initiatives
• Strong team player with ability to thrive in a global, matrixed environment
• Strong analytical and critical thinking capabilities with ability to translate data into actionable insights
• Proven expertise in financial analysis, product economics, and commercial strategy
• Demonstrated project management and process transformation experience in complex environments
• Strong stakeholder management skills, with ability to influence and collaborate across senior leadership
• Ability to operate independently, prioritize effectively, and manage multiple initiatives simultaneously
• Excellent written and verbal communication skills, including executive-level presentations
• Experience navigating large, global organizations and driving cross-functional alignment
• Strong understanding of governance frameworks, controls, and reporting disciplines
• Data-oriented mindset, with experience in data integration, visualization, and analytics tools (e.g., Tableau, Alteryx, Python)
• Proven ability to drive change and deliver results at scale
• Leadership and people management capabilities, including developing and mentoring team members

Nice To Haves

• Alternatives experience and knowledge is helpful

Responsibilities

• Lead executive reporting and governance for the Alternatives business, including scorecards, business reviews, and senior leadership materials
• Drive Product Control agenda, including P&L oversight (revenue, fees, NII), cost-to-serve analysis, and commercial insights
• Develop and enhance product-level financial tools and analytics (pricing, risk, cost, and performance metrics)
• Partner with Finance, CAO, and IT to address business questions and improve financial transparency and reporting accuracy
• Conduct strategic and risk deep dives, providing insights to inform business and investment decisions
• Support workforce planning, headcount management, and broader people initiatives in partnership with HR and leadership
• Manage budgeting and execution of marketing sponsorships and industry engagement activities
• Oversee sales enablement and client engagement initiatives, including RFP process improvements
• Drive continuous improvement initiatives, including development of data tools, frameworks, and scalable reporting solutions
• Lead or contribute to Product organization management activities, including OKRs, strategy execution, and operational governance
• Collaborate across global teams to improve expense allocation transparency and drive efficiency
• Foster employee engagement, culture, and communication across a global organization

Benefits

• competitive and comprehensive benefits packages
• generous medical care
• insurance
• savings plans
• flexible Work Programs
• development programs
• educational support
• paid volunteer days
• matching gift programs
• access to employee networks
• 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
• eligibility for certain tax advantaged savings plans

What This Job Offers

• Job Type: Full-time
• Career Level: Manager