At a Glance
- Tasks: Lead FX product strategy and manage cross-functional initiatives for business growth.
- Company: Join a leading financial institution with a strong focus on innovation and client outcomes.
- Benefits: Competitive salary, comprehensive benefits, and performance-based incentives.
- Other info: Opportunity to work in a regulated environment with excellent career advancement potential.
- Why this job: Shape the future of FX products and drive impactful change in a dynamic environment.
- Qualifications: Extensive FX experience, strong leadership skills, and strategic communication abilities.
The Head of FX Platforms and Product Strategy, MD will report directly to senior Markets leadership. You will define and execute the FX product strategy and lead the FX product management agenda, translating strategic priorities into actionable roadmaps and delivered outcomes in partnership with business, technology, risk, and corporate functions.
This role is critical to ensuring our FX franchise has a clear, aligned strategy and the governance and execution discipline to deliver product and infrastructure initiatives that support business growth, strong client outcomes, and risk excellence.
What You Will Be Responsible For
- Lead the development and execution of FX product strategy in partnership with Markets Strategy and FX business heads, aligned to growth targets and corporate priorities.
- Identify, assess, and prioritize product and growth opportunities (new products, enhancements, market/geographic expansion).
- Translate strategy into clear product roadmaps and investment cases, supported by well-structured business cases (feasibility, operating model impact, resources, risk, and return).
- Own the FX product lifecycle from ideation through delivery, commercialization, and post‐implementation review, ensuring consistent product governance and outcomes.
- Assess and design target‐state FX operating models, workflows, and infrastructure to support scale, resilience, and future growth.
- Act as senior business owner and sponsor for FX product and technology initiatives, ensuring disciplined execution, transparent tracking, and timely escalation.
- Partner with Risk, Compliance, Controls, and Corporate Governance to ensure regulatory alignment, change‐management adherence, and robust risk identification/mitigation prior to implementation.
- Lead and develop a high‐performing FX Product Strategy and Product Management organization, embedding accountability, effective challenge, and risk excellence.
What We Value
- Extensive experience in the Foreign Exchange business line, with deep knowledge of FX products, markets, and operating models.
- Commercial acumen and ability to identify growth opportunities, build investment cases, and optimize resources to deliver strategic outcomes.
- Proven leadership and delivery track record across complex, cross‐functional programs, including influencing and managing resources outside of direct reporting lines (particularly technology delivery).
Education & Preferred Qualifications
- Bachelor's degree required; advanced degree (MBA or equivalent) preferred.
- Significant experience in FX product strategy, product management, and/or markets infrastructure delivery, with senior leadership responsibility.
- Demonstrated experience operating within strong risk, compliance, and governance frameworks in a regulated financial institution.
- Strong strategic communication skills, including ability to produce client‐facing materials that articulate product vision, strategy, and solutions.
- Excellent written and verbal communication skills in English; additional languages are a plus.
- Financial aptitude, including ability to formulate, understand, and manage budgets, and to measure delivery against revenue, expense, and risk excellence objectives.
Salary Range
$170,000 - $267,500 Annual
Benefits
Employees are eligible to participate in State Street's comprehensive benefits program, which includes 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.
Equal Employment Opportunity
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.
Head of FX Platforms and Product Strategy, Managing Director in London employer: State Street
At State Street, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As the Head of FX Platforms and Product Strategy, you will have the opportunity to lead a high-performing team while benefiting from our comprehensive benefits program, including competitive compensation, retirement plans, and generous paid time off. Our commitment to employee growth and development, combined with our focus on risk excellence and client outcomes, makes State Street a rewarding place to advance your career in the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Head of FX Platforms and Product Strategy, Managing Director in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the FX industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of FX products and market trends. We want to see you confidently discuss how you can drive product strategy and growth, so practice articulating your vision and past successes.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and tailor your approach to show why you’re the best fit for their FX product strategy.
✨Tip Number 4
Follow up after interviews! A quick thank-you note can go a long way in keeping you top of mind. Share a brief insight or idea related to the discussion to reinforce your enthusiasm and expertise in FX product management.
We think you need these skills to ace Head of FX Platforms and Product Strategy, Managing Director in London
Some tips for your application 🫡
Know Your Stuff:Before you start writing, make sure you really understand the FX product landscape. We want to see your knowledge shine through in your application, so do a bit of research and be ready to showcase your expertise.
Tailor Your Application:Don’t just send a generic CV and cover letter. We’re looking for someone who can align their experience with our needs. Highlight your relevant skills and experiences that match the job description, especially around product strategy and management.
Be Clear and Concise:When it comes to written applications, clarity is key. We appreciate well-structured documents that get straight to the point. Use bullet points where necessary and avoid jargon unless it’s relevant to the role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at State Street
✨Know Your FX Inside Out
Make sure you have a solid grasp of FX products, markets, and operating models. Brush up on recent trends and challenges in the FX space, as well as the company's specific strategies. This will help you demonstrate your expertise and show that you're aligned with their goals.
✨Craft a Compelling Product Strategy
Prepare to discuss how you would define and execute an FX product strategy. Think about potential growth opportunities and be ready to present clear, actionable roadmaps. Having a few examples of successful product management initiatives you've led will really make you stand out.
✨Showcase Your Leadership Skills
This role requires strong leadership, so be prepared to share experiences where you've influenced cross-functional teams or managed complex programmes. Highlight your ability to drive results and maintain accountability, especially in a regulated environment.
✨Communicate Clearly and Confidently
Strong communication skills are key for this position. Practice articulating your thoughts clearly, especially when discussing strategic visions or client-facing materials. Being able to convey complex ideas simply will demonstrate your strategic communication prowess.