Private Markets Product Solutioning Manager – Private Credit and Semi Liquid Products - VP

State Street • Boston, MA

1d

About The Position

State Street is making a multi-year strategic investment in Private Markets and the Alternatives Product organization seeks a qualified leader with strong experience and interest in product development and solutioning for Private Credit. With the democratization of Private Markets, the client demand and opportunities to further enhance our capabilities and offerings will play a significant role in growing our business. The VP Private Credit Product Solutioning Manager will be responsible for the development, implementation, enhancement and support of State Street’s Credit products, services, delivery channels from conceptual stages through research, development, marketing, training, sales programs, financial metrics, and the entire product life cycle in support of the Credit products strategic goals and objectives. The role will report directly to the Senior Vice President of Private Credit & Solutions and work alongside peers to align on a global platform.

Requirements

• Strong organization, communication and interpersonal skills, written and oral, including interaction with senior stakeholders both internally and externally.
• Proven ability in project management, analytics, and process transformation - ability to combine strategic leadership with a practical, hands-on approach.
• Ability to organize, prioritize, balance key tasks and manage time effectively.
• Comfortable facilitating project working groups including internal and external stakeholders.
• Strong team player who can thrive in a large complex global organization
• Bachelor’s degree required (Finance, Business or Accounting preferred)
• 10+ years experience desirable
• Private Credit experience needed
• Critical thinking, problem solving, and decision making skills
• Demonstrable experience managing projects and collaborating across teams
• Knowledge of or experience leading product development programs/processes related to the financial services industry is a strong advantage.

Nice To Haves

• operations and/or accounting background a plus
• Experience in Semi Liquid Product construction and servicing desirable

Responsibilities

• In collaboration with the SVP of Private Credit & Solutions and our delivery and technology teams, assist in creating our go-to market and product strategy, including assessments of internal capabilities and the competitive landscape as well as drive service and technology enhancements.
• Provide subject matter expertise – The candidate will need a strong background in the Private Credit space and develop a thorough understanding of State Street’s end- to- end strategic operating model and technology stack. The candidate will require the ability to develop integrated solutions that can be deployed for complex clients.
• Drive solutions – The candidate will support and partner with teams across State Street’s global organization to define and solution critical deals and to ensure that the relevant subject matter experts are consulted and critical design assumptions and strategic options are thoroughly explored.
• Represent State Street at industry events, provide key subject matter expertise in client meetings and provide thought leadership both internally and externally
• Research & Market Analysis – The candidate will need to keep up to date with key competitor intelligence and emerging industry trends to help drive State Street’s strategic focus.
• Support sales commercialization activities. Assist sales in the sourcing of new business opportunities through industry network, existing relationships and new business opportunities
• Responsible for the end-to-end pricing of products and service offering, assist sales and relationship teams with deal specific negotiation items as applicable
• Support annual planning and funding prioritization activities where required.
• Have a thorough understanding of State Street’s strategic plans, business process and technological architecture and apply that knowledge in the solution design and development phases.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees