EMEA Collateral Management Product Lead, Vice President

State Street Alpha Collateral are looking for an experienced product lead to enable the delivery and growth of State Street’s Collateral Management across the full scope of services. Collateral Management 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 digital transformation. Focus areas include digital transformation, clearing initiatives, repo product expansion and securities lending enhancements.

This role involves managing aspects of product and 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 Collateral Product and work collaboratively with regional and global cross-business partners and cross-organizational support functions (e.g., Custody, Sales, Onboarding, Operations, Legal, Risk, and Compliance). The candidate will work across functions and collaborate with different teams across the firm to define and deliver strategic products and client focused solutions.

Product Owners in Collateral Management are tasked with the successful delivery of high-profile initiatives and projects. Product owners lead cross-functional teams, coordinate with stakeholders and ensure projects are delivered in time, within budget and meet quality standards. Tasks for the Collateral Programme may include items such as:

• Define Strategic Product state, given adapting market capabilities and regulations
• Own client enhancement driven product developments with stakeholder and client engagement
• Collateral scoping - Including products, legal agreements, collateral assets, custodians, growth opportunities
• Analysis of current operating model proposals 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 Collateral Management Product Owner your responsibilities may cover:

• Product definition and BRD / TOM creation
• 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
• 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
• Ability to lead and manage cross-functional teams in a fast-paced, dynamic environment
• Demonstrated passion for innovation and emerging digital technologies with natural curiosity around new technological evolution
• Knowledge of the Collateral Services and digital 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
• Proficiency in project management software and tools (e.g., Microsoft Project, Clarity)
• Capable of effectively prioritizing and escalating communication where appropriate

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. 8+ years of product 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. 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.