At a Glance
- Tasks: Lead innovative digital collateral projects and collaborate with global teams.
- Company: Join State Street, a leading custodian bank and asset manager.
- Benefits: Enjoy competitive pay, flexible work options, and comprehensive benefits.
- Other info: Diverse and inclusive workplace with growth opportunities and community engagement.
- Why this job: Make an impact in the financial sector with cutting-edge technology.
- Qualifications: 5+ years in finance, strong project management skills, and a passion for innovation.
The predicted salary is between 63000 - 77000 £ per year.
State Street Alpha Collateral are looking for a digital product lead to enable the delivery and growth of State Street’s Digital Collateral business. Collateral offers collateral solutions and capabilities to flexibly support our State Street clients. The product suite includes end-to-end collateral management, administration and servicing, analytics and optimization, and transformation.
This role involves managing all aspects of project execution, from initial planning and analysis to completion, ensuring adherence to timelines, budgets, and quality standards. You will report directly to the Head of Alpha Collateral Services and work collaboratively with regional and global cross-business partners and cross-organizational support functions (e.g., Digital, Custody, Sales, Onboarding, Operations, Legal, Risk, and Compliance). The candidate will collaborate and work with various functions and teams across the firm to deliver distributed ledger products being brought to market.
The Product Lead for Collateral is tasked with the successful delivery of high-profile projects. They will lead cross-functional initiatives, coordinate with stakeholders and ensure projects are delivered in time, within budget and meet quality standards.
Tasks for the Digital Collateral Programme may include items such as:
- Collateral scoping - Including products, legal agreements, collateral assets, custodians, growth opportunities
- Analysis of current operating model proposal and chosen digital vendor solutions
- Business requirements elicitation and definition in the format agreed by the client, e.g. User Stories
- Design of target operating model across; process, IT data, people, governance, risk framework, legal, regulatory and clients
- Transition state planning to implement ToM
- Validation of solution and functional design artefacts
- User acceptance Testing (UAT) scripts
- Provide accurate and timely updates on collateral workstream plan, tasks, risks, issues, dependencies, blockers and assumptions as per the cadence set out by the central governance team
- Ensure all documentation produced for consumption by the programme as deliverables follows the sign-off process laid out by the central governance team
As Digital Collateral Product Lead your responsibilities may cover:
- Project Planning and Strategy
- Execution and Delivery
- Stakeholder Communication and Management
- Financial Analysis and Reporting
- Risk Management and Quality Assurance
These skills will help you succeed in this role:
- Exceptional communication and interpersonal skills, capable of managing relationships with senior executives and clients
- Demonstrated passion for innovation and emerging digital technologies with natural curiosity around new technological evolution
- Knowledge of the DLT and regulatory activity
- A result oriented mindset, with a focus on delivering high-quality outcomes that meet or exceed customer expectations
- A strong sense of accountability and ownership of your work, with the ability to take initiative and drive products forwards
- Understanding of the ongoing market trends in crypto and tokenized assets
- Understanding of, or experience working in Collateral Services
- Ability to manage multiple projects simultaneously and work under pressure
- Excellent analytical and quantitative skills, with proficiency in analysis
- Proven ability to lead and manage cross-functional initiatives in a fast-paced, dynamic environment
- Proficiency in project management software and tools (e.g., Microsoft Project, Clarity)
- Capable of effectively prioritizing and escalating communication where appropriate
Education & Preferred Qualifications:
- Bachelor’s degree or the equivalent combination of education and experience is required; advanced/graduate degree preferred
- Certifications: PMP (Project Management Professional), PRINCE2, or other relevant certifications are advantageous
- 5+ years of experience within financial sector preferred
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.
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.
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.
State Street is an equal opportunity and affirmative action employer.
Alpha Digital Collateral Management Product Lead - Vice President in London employer: State Street Bank
At State Street, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Principal Threat Modeling Architect, you will have access to inclusive development opportunities, flexible work-life support, and the chance to lead a high-performing team in a hybrid work environment. Our commitment to employee growth and community engagement, alongside our focus on security excellence, makes us an attractive choice for professionals seeking meaningful and rewarding careers in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Alpha Digital Collateral Management Product Lead - Vice President in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like State Street Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Alpha Digital Collateral Management Product Lead - Vice President in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to State Street Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on State Street Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at State Street Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with State Street Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at State Street Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former State Street Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
