IT Business Analyst/Product Owner

State Street•Boston, MA

About The Position

The Senior Technical Product Manager – Secured Finance is responsible for defining, delivering, and scaling secured financing products across Repo, Securities Lending, and Collateral Management. This role owns the product strategy and roadmap end-to-end, working closely with Front Office, Operations, Risk, Legal, Compliance, and Technology partners to drive product innovation, regulatory alignment, and operational excellence across the full trade lifecycle. The role requires deep domain expertise in secured financing markets, strong product management discipline, and the ability to translate business strategy into executable product and technology outcomes. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges, and drive performance and profitability. The company keeps its clients at the heart of everything they do, and smart, engaged employees are essential to their continued success. State Street is committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in their shared success, employees benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep them connected to what matters most. State Street is an Equal Opportunity Employer.

Requirements

12–14+ years of experience in financial markets, with deep expertise in secured financing, repo, securities lending, and/or collateral management.
Demonstrated experience owning and delivering complex financial products across front, middle, and back office.
Strong understanding of secured financing market structure, margining, collateral flows, and lifecycle processing.
Proven ability to work effectively across business, technology, and control functions in a global environment.
Excellent communication, stakeholder management, and executive-level presentation skills.

Nice To Haves

Experience working with secured finance platforms and vendor solutions (e.g., securities financing or collateral management systems).
Familiarity with agile / product operating models and scaled delivery frameworks.
Prior experience supporting regulatory initiatives impacting secured financing or funding businesses.
Bachelor’s degree in Finance, Economics, Engineering, or a related field; advanced degree a plus.

Responsibilities

Own the product vision, strategy, and multi-year roadmap for secured finance products (e.g., Repo, Reverse Repo, Securities Lending, Collateral Optimization).
Drive product expansion from concept through implementation, ensuring alignment with business growth objectives, client needs, and market structure evolution.
Define clear product outcomes, success metrics, and prioritization frameworks aligned to business value and risk considerations.
Act as the primary liaison between business stakeholders and technology teams, ensuring requirements are clearly articulated, prioritized, and delivered.
Partner closely with Trading, Treasury, Operations, Risk, Legal, and Compliance to ensure products meet regulatory, control, and governance expectations.
Lead cross-functional forums (e.g., working groups, steering committees) to align on scope, sequencing, and delivery trade-offs.
Translate business objectives into well-defined product requirements, epics, and features to enable efficient technology delivery.
Support agile delivery teams through backlog refinement, dependency management, and release planning.
Ensure readiness across operations, controls, and client support for all product launches and enhancements.
Embed risk management, operational resilience, and regulatory compliance into product design and delivery.
Partner with Risk and Compliance teams to support regulatory initiatives, audits, and control assessments relevant to secured financing products.
Ensure product designs align with front-to-back processing, books and records, and control frameworks.
Maintain a strong understanding of secured financing market trends, client demands, and competitive offerings.
Incorporate client feedback and market insights into product enhancements and strategic investment decisions.
Support client onboarding, product adoption, and commercialization initiatives as needed.

Benefits

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)
eligibility for certain tax advantaged savings plans
inclusive development opportunities
flexible work-life support
paid volunteer days
vibrant employee networks