At a Glance
- Tasks: Lead product development for digital assets and collaborate across teams to innovate.
- Company: Join State Street, a global leader in financial services with an inclusive culture.
- Benefits: Enjoy flexible work-life support, paid volunteer days, and vibrant employee networks.
- Other info: Be part of a dynamic team shaping the future of finance.
- Why this job: Make a real impact in the evolving world of digital finance and technology.
- Qualifications: 10+ years in financial services with expertise in digital assets and project management.
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.
The State Street Custody Digital & Fund Services is looking for a candidate to support product development activity for digital services. The candidate will lead product development and drive the strategic direction of digital assets for State Street. The candidate will support evolving ideas into pilots and eventually develop products for clients. The candidate will work across functions and collaborate with different teams across the firm to deliver distributed ledger products being brought to market.
You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship - for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer - across all of our locations, products, and capabilities. Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.
What you will be responsible for:
- Conduct market research and develop business cases for digital asset and DLT initiatives.
- Collaborate with stakeholders and product teams to define use cases and deliver innovative digital solutions.
- Lead ideation, delivery, and management of digital products across multi-disciplinary teams.
- Champion the team's profile internally and externally by channelling innovative ideas into products and services.
- Drive strategic thinking and competitive intelligence to advance digital asset services and ecosystem growth.
What we value:
These skills will help you succeed in this role:
- 10+ years' experience in financial services (front office, capital markets, trading, operations) with a strong track record in project management and cross-functional product delivery.
- Deep understanding of crypto, digital assets, DLT, asset servicing, and market/regulatory trends.
- Analytical, innovative, and results-driven, with excellent communication and collaboration skills.
- Passion for emerging technologies and continuous learning in the digital asset space.
Experiences We Value:
We welcome applicants who bring depth in any one or more of these value streams (Candidates are not expected to demonstrate expertise across all areas; depth in any one or more of these value streams is highly regarded):
- Delivered custody for tokenized funds and digital native assets on public/permissioned chains, combining MPC/HSM key controls with atomic DvP and CSD connectivity.
- Bridged legacy custody/cash with tokenized assets, orchestrating ISO 20022/SWIFT events and reconciliation for hybrid flows.
- Delivered interoperable digital cash solutions and regulatory compliant settlement for deposit tokens, stablecoins, and CBDCs.
- Integrated third party platforms via secure APIs for straight through order to settlement and automated processing.
- Implemented enhanced KYC/KYB and transaction monitoring for digital assets, enforcing global compliance via smart contracts.
- Enabled tokenized securities/MMF units and deposit tokens as collateral with onchain pledge/release and margin workflows (FX OTC, repo, agency lending).
- Delivered secure APIs and fund admin for digital ETFs/ETPs, ensuring audit ready controls for multi jurisdiction launches.
- Structured tokenized MMFs and digital share classes, automating eKYC/KYB onboarding and subscriptions/redemptions (fiat, deposit tokens, stablecoins).
Education & Preferred Qualifications:
- Strong understanding of enterprise financial technology solutions, governance processes, and large-scale business implementation.
- Proven experience developing and launching innovative digital products (blockchain, smart contracts, tokenization, wallets, cryptocurrencies) within complex organizations.
- Skilled in Agile/Scrum environments and product management tools (e.g., Jira, Confluence).
- Excellent communication, collaboration, and relationship-building abilities with internal and external stakeholders.
- Consulting experience is a plus.
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.
R-782840 Digital Product Development Lead - Custody & Tokenization, VP employer: State Street
State Street is an exceptional employer that prioritises inclusivity and employee empowerment, making it a great place for professionals in the financial services sector. With a strong commitment to fostering a supportive work culture, employees benefit from flexible work-life balance, paid volunteer days, and numerous development opportunities that encourage growth and innovation. Located in a dynamic environment, State Street offers the chance to work on cutting-edge digital asset solutions while building meaningful relationships with clients globally.
StudySmarter Expert Advice🤫
We think this is how you could land R-782840 Digital Product Development Lead - Custody & Tokenization, VP
✨Tip Number 1
Network like a pro! Reach out to folks in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Knowing their digital asset initiatives will show you’re genuinely interested and ready to contribute.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with their needs, especially in digital product development and DLT. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team.
We think you need these skills to ace R-782840 Digital Product Development Lead - Custody & Tokenization, VP
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Digital Product Development Lead role. Highlight your experience in financial services and any relevant projects that showcase your skills in digital assets and DLT.
Showcase Your Passion:Let us see your enthusiasm for emerging technologies! Mention any personal projects or continuous learning efforts in the digital asset space to demonstrate your commitment to staying ahead in this fast-paced industry.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant to the role. We want to understand your experience and ideas without getting lost in complex terms.
Apply Through Our Website:Don’t forget to submit your application through our official website. This ensures that your application is seen by the right people and helps us keep track of all candidates efficiently.
How to prepare for a job interview at State Street
✨Know Your Digital Assets
Make sure you brush up on your knowledge of digital assets, DLT, and the latest market trends. Being able to discuss these topics confidently will show that you're not just familiar with the industry but also passionate about it.
✨Showcase Your Project Management Skills
Prepare examples from your past experiences where you've successfully led cross-functional teams or managed complex projects. Highlighting your project management skills will demonstrate your ability to drive product development effectively.
✨Collaborate and Communicate
Since this role involves working with various stakeholders, practice articulating your ideas clearly and concisely. Think of ways to showcase your collaboration skills, perhaps by discussing a time when you worked with different teams to deliver a successful project.
✨Be Ready for Strategic Thinking Questions
Expect questions that assess your strategic thinking abilities. Prepare to discuss how you would approach developing innovative digital solutions and advancing digital asset services. This is your chance to show your analytical mindset and creativity!
