Vice President, Accounting Product Management Lead

State Street • Boston, MA

1d • $110,000 - $188,750

About The Position

Who we are looking for Reporting to the Managing Director, Head of Accounting Product - Americas, this role will be responsible for executing on a robust and strategic accounting product portfolio in support of the organization’s sales, revenue, and client-focused goals. The right individual will contribute as both an individual and team player, working across a globally aligned product office to deliver tangible results. Why this role is important to us The team you will be joining plays an important role in the overall success of State Street. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. In your role you will strive for solutions that are straightforward, scalable, using modern technology, and operationally sustainable. You will help us build and improve resilience of current products and solutions and execute day to day deliverables to the standards expected of our clients and regulators. The Chief Product Office ensures that product and service offerings are designed to meet and exceed market expectations while being competitively priced to attract new customers. Join us if making your mark in the financial services industry from day one is a challenge you are up for. What you will be responsible for As Accounting Product Management Lead, Vice President Develop strategic vision for accounting value streams inclusive of product capabilities, service delivery, technology platforms, and data & digital experience Conduct market research to identify trends that affect the product line for existing products as well as the opportunity to introduce new adjacent offerings Maintain a pulse on related service delivery results to drive product improvement Create business cases for product development and monitor ROI Work with Sales and Coverage teams responsible for clients to grow the business, monitoring pipeline and providing guidance around opportunity Advocate, both internally and externally, on behalf of the team to effectively drive value and growth in the market Work across the Product organization to clear hurdles for introduction of products, operating models, and revenue opportunities in the region What we value These skills will help you succeed in this role Proven experience in Product Management/Business Analysis in the financial services industry (either a Financial Technology provider or a Financial Services company) Exemplary written and oral communication skills for this highly visible position requiring frequent, very articulate communication Deep knowledge of accounting requirements for various fund types/structures and security types in global regions Fund Accounting operational knowledge as well as BPI (Business Process Improvement) experience Both assertive and collaborative, able to navigate a matrixed organization to get things done Ability to effectively network with peers and senior management Education & Preferred Qualifications Bachelor’s degree in Accounting or equivalent Masters in Data Sciences, Business Administration, or similar field, preferred 12+ years’ experience in relevant industries: markets, finance, banking, or data sciences industries Additional Skillsets & Expertise Knowledge of “best of breed” technologies used for investment accounting Previous experience working with large-scale, transformative programs with technology solutions at the forefront Management of client and/or product profit & loss (P&L) experience Are you the right candidate? Yes! We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit. About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential. Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer. Salary Range: $110,000 - $188,750 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. 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. For a full overview, visit https://hrportal.ehr.com/statestreet/Home. About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement

Requirements

• Proven experience in Product Management/Business Analysis in the financial services industry (either a Financial Technology provider or a Financial Services company)
• Exemplary written and oral communication skills for this highly visible position requiring frequent, very articulate communication
• Deep knowledge of accounting requirements for various fund types/structures and security types in global regions
• Fund Accounting operational knowledge as well as BPI (Business Process Improvement) experience
• Both assertive and collaborative, able to navigate a matrixed organization to get things done
• Ability to effectively network with peers and senior management
• Bachelor’s degree in Accounting or equivalent
• 12+ years’ experience in relevant industries: markets, finance, banking, or data sciences industries

Nice To Haves

• Masters in Data Sciences, Business Administration, or similar field, preferred
• Knowledge of “best of breed” technologies used for investment accounting
• Previous experience working with large-scale, transformative programs with technology solutions at the forefront
• Management of client and/or product profit & loss (P&L) experience

Responsibilities

• Develop strategic vision for accounting value streams inclusive of product capabilities, service delivery, technology platforms, and data & digital experience
• Conduct market research to identify trends that affect the product line for existing products as well as the opportunity to introduce new adjacent offerings
• Maintain a pulse on related service delivery results to drive product improvement
• Create business cases for product development and monitor ROI
• Work with Sales and Coverage teams responsible for clients to grow the business, monitoring pipeline and providing guidance around opportunity
• Advocate, both internally and externally, on behalf of the team to effectively drive value and growth in the market
• Work across the Product organization to clear hurdles for introduction of products, operating models, and revenue opportunities in the region

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