Global Hedge Product Management, Vice President
About The Position
State Street is seeking a commercially minded Vice President to help shape and grow its Global Hedge offering. The position is part of Global Alternatives and has a particular focus on the North American market. It covers capabilities across front-office technology, middle-office services, fund administration, data, treasury, custody, and related services. The role works closely with clients and teams across Sales, Relationship Management, Operations, Technology, State Street Alpha, and other product groups to improve competitiveness and support sustainable growth. The Vice President helps define and execute product strategy and roadmaps, assesses hedge fund market developments and client needs, identifies product and platform gaps, and translates opportunities into prioritized requirements, business cases, and delivery plans. Responsibilities span the product lifecycle, from market assessment and concept development through implementation, commercialization, adoption, and ongoing enhancement. The role also supports new-business opportunities, renewals, client expansion, proposals, presentations, due diligence, pricing discussions, and go-to-market activity. The position engages directly with clients and prospects to understand their strategies, operating models, technology environments, and priorities. It translates client needs into product requirements and solution architectures, distinguishing bespoke requests from reusable platform opportunities. Internally, it connects Global Hedge to State Street's broader enterprise capabilities and coordinates with Product, Technology, Operations, Risk, Legal, Compliance, Finance, and client teams to develop commercially viable, scalable, and operationally deliverable solutions. The Vice President leads or contributes to priority initiatives, builds evidence-based business cases, defines success measures, manages risks and dependencies, and provides recommendations and updates to senior management. Success includes building credibility with leadership and North American stakeholders, taking ownership of commercially important initiatives, strengthening cross-functional collaboration, supporting client opportunities and pipeline conversion, and making visible progress against agreed growth, client, product, or scalability objectives. The role is suited to an independent, driven product leader who combines hedge fund and asset-servicing knowledge with commercial judgment, client orientation, enterprise thinking, and disciplined execution. A bachelor's degree or equivalent professional experience is required; an advanced degree or relevant professional qualification is advantageous.
Requirements
- Approximately 8 to 15 years of relevant experience in hedge fund servicing, asset servicing, investment operations, product management, product development, consulting, technology, or client solutioning.
- Strong understanding of hedge fund operating models and the needs of alternative investment managers.
- Experience in one or more relevant areas, such as fund administration, middle-office operations, investment data, front-to-back technology, collateral, derivatives, treasury, financing, custody, investor servicing, or regulatory reporting.
- Demonstrated success leading product initiatives, complex client engagements, platform enhancements, or operating-model transformation.
- Experience translating business and client needs into structured requirements, roadmaps, business cases, and implementation plans.
- Strong analytical, problem-solving, presentation, and written communication skills.
- Ability to influence senior stakeholders and coordinate delivery across Product, Technology, Operations, and client-facing teams.
- Ability to manage several priorities in a fast-moving, global environment.
- Bachelor's degree or equivalent professional experience required.
- Ownership, drive, commercial judgment, client orientation, enterprise thinking, intellectual curiosity, execution discipline, clear communication, constructive challenge, and team orientation.
Nice To Haves
- An advanced degree or relevant professional qualification.
- Experience spanning front-office technology, middle-office services, fund administration, data, treasury, custody, or other related alternative-investment capabilities.
Responsibilities
- Help define and execute Global Hedge product strategy and roadmaps, particularly for the North American market.
- Monitor hedge fund ecosystem developments, including investment strategies, operating models, technology, data, regulation, and client expectations.
- Identify product and platform gaps affecting competitiveness, client retention, scalability, and growth.
- Translate market developments and client needs into prioritized product requirements, investment cases, and delivery plans.
- Contribute to decisions on platform capabilities, service models, partnerships, and build-versus-buy opportunities.
- Manage initiatives across the product lifecycle, from market assessment and concept development to implementation, commercialization, adoption, and enhancement.
- Partner with Sales, Relationship Management, and client-facing teams on new business, renewals, and expansion of client relationships.
- Develop value propositions and solution narratives for hedge fund managers, institutional investors, and other alternative investment clients.
- Support proposal development, client presentations, due diligence, pricing discussions, and strategic pitches.
- Develop go-to-market plans, internal enablement materials, and campaigns to strengthen adoption and market positioning.
- Represent Global Hedge at selected client events, industry forums, conferences, and internal leadership discussions.
- Engage clients and prospects to understand investment strategies, operating models, pain points, technology environments, and growth priorities.
- Translate client needs into product requirements, solution architectures, and business outcomes; identify reusable platform opportunities.
- Use client feedback and market intelligence to shape product priorities and improve the client experience.
- Connect Global Hedge capabilities with State Street Alpha, Charles River Development, Global Markets, custody, treasury, financing, data, and analytics.
- Coordinate across Product, Technology, Operations, Risk, Legal, Compliance, Finance, and client teams to ensure solutions are differentiated, viable, scalable, and operationally deliverable.
- Build alignment among stakeholders, promote reusable solution frameworks, and support a One State Street approach.
- Lead or contribute to priority product initiatives with clear ownership, disciplined execution, and timely escalation of risks and dependencies.
- Build business cases using market demand, client value, financial impact, implementation requirements, and expected return on investment.
- Define success measures such as revenue enablement, pipeline contribution, client adoption, retention, platform scalability, and operating efficiency.
- Provide concise updates and recommendations to senior management and drive progress through both strategic planning and detailed execution.
Benefits
- 401(k) retirement savings plan with company match
- Basic life insurance and optional additional insurance coverage
- Medical insurance
- Dental insurance
- Vision insurance
- Long-term disability coverage
- Paid time off, including vacation and sick leave
- Short-term disability
- Family-care support
- Employee Assistance Program
- Incentive compensation eligibility, including annual performance-based awards for eligible employees
- Certain tax-advantaged savings plans
- Inclusive development opportunities
- Flexible work-life support
- Paid volunteer days
- Employee networks
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What This Job Offers
Job Type
Full-time
Career Level
Manager
