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, with a particular focus on North America. The role spans front-office technology, middle-office services, fund administration, data, treasury, custody, and related capabilities. It is a broad product leadership position focused on translating market and client needs into competitive, scalable solutions and measurable business outcomes, rather than a narrowly defined product-governance role. The successful candidate will work closely with clients and teams across Sales, Relationship Management, Operations, Technology, State Street Alpha, and other product areas, and will contribute to the strategy and growth of the Global Alternatives business. The Vice President will help set product strategy and roadmaps; assess market developments, client needs, competitive gaps, platform capabilities, and delivery opportunities; and manage initiatives throughout the product lifecycle. The role also supports commercial growth through client engagements, proposals, pitches, pricing discussions, go-to-market plans, and product adoption. It requires connecting Global Hedge capabilities to State Street's broader enterprise platform and coordinating across business and control functions to ensure solutions are commercially viable, scalable, differentiated, and operationally deliverable. The position calls for an independent, execution-focused product leader who can build business cases, define success measures, influence senior stakeholders, and provide clear updates to management. During the first 12 months, success includes establishing credibility with Global Hedge leadership and North American stakeholders, taking ownership of commercially important initiatives, strengthening cross-team collaboration, contributing to client opportunities and pipeline conversion, and showing progress against agreed growth, client, product, or scalability objectives.
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.
Nice To Haves
- An advanced degree or relevant professional qualification is advantageous.
Responsibilities
- Help define and execute the product strategy and roadmap for the Global Hedge business, particularly in North America.
- Monitor the hedge fund ecosystem, including investment strategies, operating models, technology, data, regulation, and client expectations.
- Identify product and platform gaps affecting competitiveness, retention, scalability, and growth.
- Translate market developments and client needs into prioritized product requirements, investment cases, and delivery plans.
- Contribute to decisions about platform capabilities, service models, partnerships, and build-versus-buy opportunities.
- Manage initiatives across the product lifecycle, from market assessment and concept development through 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 with 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; distinguish bespoke requests from 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 develop differentiated, commercially viable, scalable, and deliverable solutions.
- Create alignment among stakeholders and promote reusable solution frameworks and a One State Street approach.
- Lead or contribute to high-priority product initiatives, ensuring ownership, disciplined execution, and timely escalation of risks and dependencies.
- Build business cases based on 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
- Medical insurance
- Dental insurance
- Vision insurance
- Long-term disability coverage
- Optional additional insurance coverages
- Paid time off, including vacation and sick leave
- Short-term disability
- Family care responsibilities support
- Employee Assistance Program
- Incentive compensation, including eligibility for annual performance-based awards (subject to stated exclusions)
- Access to 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
Senior
