At a Glance
- Tasks: Lead innovative digital collateral projects and collaborate with diverse teams.
- Company: Join State Street, a global leader in financial services with an inclusive culture.
- Benefits: Enjoy competitive pay, flexible work options, and comprehensive benefits.
- Other info: Be part of a dynamic team that values diversity and community engagement.
- Why this job: Make a real impact in the evolving world of digital finance and technology.
- Qualifications: 5+ years in finance, strong project management skills, and a passion for innovation.
The predicted salary is between 80000 - 100000 £ per year.
This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
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
About State Street:
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 employer: State Street
State Street is an exceptional employer that prioritises inclusivity and employee growth, offering a dynamic work environment where innovation thrives. With competitive benefits, flexible work programmes, and a commitment to diversity, employees are empowered to reach their full potential while contributing to meaningful projects in the financial services sector. Located in a vibrant area, State Street fosters a culture of collaboration and community engagement, making it an ideal place for professionals seeking rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Alpha Digital Collateral Management Product Lead - Vice President
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and services, especially in collateral management. This will help you tailor your responses and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills and experiences align with the job requirements. Highlight your project management experience and ability to lead cross-functional teams, as these are key for the Digital Collateral Product Lead role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining State Street and contributing to our innovative digital collateral solutions.
We think you need these skills to ace Alpha Digital Collateral Management Product Lead - Vice President
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Digital Collateral Product Lead role. Highlight your experience in project management and digital technologies, as well as any relevant skills that align with what we're looking for.
Showcase Your Achievements:When detailing your work history, focus on specific achievements that demonstrate your ability to manage projects and lead cross-functional teams. Use metrics where possible to show how you’ve delivered high-quality outcomes.
Be Clear and Concise:Keep your application clear and to the point. We appreciate straightforward communication, so avoid jargon and ensure your key points stand out. This will help us quickly see why you're a great fit for the role.
Apply Through Our Website:We encourage you to submit your application through our website. This ensures that your application is received directly by our team and allows us to process it more efficiently. Plus, it’s super easy!
How to prepare for a job interview at State Street
✨Know Your Product Inside Out
As a Digital Collateral Management Product Lead, it's crucial to have a deep understanding of collateral management and the specific products State Street offers. Familiarise yourself with their digital collateral solutions and be ready to discuss how you can enhance these offerings.
✨Showcase Your Project Management Skills
Prepare to demonstrate your project management expertise, especially in executing high-profile projects. Be ready to share examples of how you've successfully managed timelines, budgets, and quality standards in previous roles.
✨Communicate Effectively
Exceptional communication is key for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex topics like distributed ledger technology and regulatory frameworks. Tailor your communication style to engage with senior executives and cross-functional teams.
✨Demonstrate Your Passion for Innovation
State Street values a passion for innovation and emerging technologies. Be prepared to discuss recent trends in crypto and tokenized assets, and how you envision leveraging these trends to drive growth in the Digital Collateral business.
