Product Manager

Job description / Role

Product organization overview

The product organization is recruiting for a product manager to support the MENA custody and fund administration business. State Streets product organization is leading an exciting period of transformation for the business and requires experienced product managers with deep subject matter expertise to join the team and take the business forward.

Function

As a product manager, you will be responsible for the custody and fund administration product definition, engaging with clients and leading client solutioning and product enhancement efforts, strategic innovation, and managing commercial growth and business development efforts. The global custody business is embarking on a period of significant change and digital innovation from market infrastructures, and State Street is looking to play a leadership role in these market changes. The role requires deep domain expertise of global custody with a focus on the Americas region. The role reports to the head of MENA product management.

Responsibilities

The product manager will have responsibility for the following:

• Working closely with the Middle East stakeholders to set the strategy for the business and required investment.
• Documenting the product definition and standards for custody and fund administration products and working with the global delivery teams to create a consistent operating model.
• Providing domain expertise in the day-to-day running of the business.
• Working with the segments and coverage heads representing the business to Middle East clients and cross-border clients who take State Streets product.
• Identifying areas for improvement of the core product.
• Engaging with complex clients, solutioning operating models, and translating requirements into feature function capability for State Street platforms.
• Product P&L responsibility to ensure optimisation of product performance.

Skills

• Deep subject matter expertise of the custody and fund administration family of products; global custody, direct custody, fund administration, performance management, and associated FX and cash products.
• Deep subject matter expertise with strong connections to market infrastructures.
• Prior experience of successfully performing product manager, product development, or operation leadership roles.
• Prior experience of leading complex change agendas.
• Familiarity with industry integration tools and their applicability in shortening the chain of custody across the investment lifecycle.
• Working knowledge of data visualisation tools.

Experience

• Seasoned VP/ED with 10+ years experience in securities services.
• Worked in product organizations in prior roles.
• Prior experience working in operations and/or technology.
• Consultative experience working with institutional investors.
• Strong team player who is comfortable working across complex organizations and collaborating with partners.

About State Street

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, youll 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.