Global Hedge Product Management, Vice President

Who We AreState Street is a leading global financial services provider supporting asset owners, asset managers, and official institutions with investment servicing, data and analytics, trading, financing, and technology solutions.Global Alternatives is a core growth business within State Street, serving clients across hedge funds, private equity, private credit, real assets, and other alternative investment strategies. The division helps clients scale increasingly complex investment platforms by combining specialist fund administration and operations with State Street's broader capabilities across data, technology, markets, custody, treasury, and front-to-back solutions.Global Hedge represents a significant part of the Global Alternatives franchise and is central to the division's growth strategy.Who We Are Looking ForWe are seeking a highly motivated and commercially minded Vice President of Global Hedge Product Management to join our team.This is an opportunity for an ambitious product leader to make a visible impact within a small, highly focused global team. The successful candidate will be a self-starter who combines deep hedge fund and asset-servicing knowledge with the drive to identify opportunities, solve complex problems, mobilize stakeholders, and convert strategy into measurable business outcomes.This is not a narrowly defined product-governance role. The Vice President will help shape the future of State Street's Global Hedge offering across front-office technology, middle-office services, fund administration, data, treasury, custody, and related capabilities. The individual will work closely with clients, Sales, Relationship Management, Operations, Technology, State Street Alpha, and other product teams to strengthen our competitive position and accelerate sustainable growth.The role is suited to someone who is energized by ownership, comfortable operating independently, and motivated by the opportunity to influence a globally significant business.What You Will Be Responsible ForProduct Strategy and Ownership· Help define and execute the product strategy and roadmap for State Street's Global Hedge business, with a particular focus on the North American market.· Maintain a clear view of the hedge fund ecosystem, including changes in investment strategies, operating models, technology, data, regulation, and client expectations.· Identify product and platform gaps that affect competitiveness, client retention, scalability, and growth.· Translate market developments and client needs into prioritized product requirements, investment cases, and executable delivery plans.· Contribute to decisions concerning platform capabilities, service models, partnerships, and build-versus-buy opportunities.· Manage initiatives across the product lifecycle, from market assessment and concept development through implementation, commercialization, adoption, and ongoing enhancement.Commercial Growth and Go-to-Market Execution· Partner with Sales, Relationship Management, and client-facing teams to support new-business opportunities, strategic renewals, and expansion of existing client relationships.· Develop compelling value propositions and solution narratives for hedge fund managers, institutional investors, and other alternative investment clients.· Bring a product and commercial perspective to complex client opportunities, helping teams move from individual requirements to scalable and repeatable solutions.· Support proposal development, client presentations, due diligence, pricing discussions, and strategic pitches.· Develop go-to-market plans, internal enablement materials, and campaigns that strengthen product adoption and market positioning.· Represent Global Hedge at selected client events, industry forums, conferences, and internal leadership discussions.Client-Led Product Development· Engage directly with clients and prospects to understand their investment strategies, operating models, pain points, technology environments, and growth priorities.· Translate complex client needs into clear product requirements, solution architectures, and business outcomes.· Distinguish between bespoke requirements and opportunities that can become reusable platform capabilities.· Serve as a trusted product partner during strategic client engagements, bringing an informed point of view while remaining focused on practical delivery.· Use client feedback and market intelligence to shape product priorities and improve the overall client experience.Cross-Enterprise Solutioning· Connect Global Hedge capabilities with State Street's broader enterprise platform, including State Street Alpha, Charles River Development, Global Markets, custody, treasury, financing, data, and analytics.· Work across Product, Technology, Operations, Risk, Legal, Compliance, Finance, and client teams to ensure solutions are differentiated, commercially viable, scalable, and operationally deliverable.· Act as a bridge between business strategy and execution, creating alignment among stakeholders with different priorities.· Promote reusable solution frameworks and a One State Street approach to complex client opportunities.Delivery and Business Impact· Lead or contribute to high-priority product initiatives, ensuring clear ownership, disciplined execution, and timely escalation of risks and dependencies.· Build business cases supported by market demand, client value, financial impact, implementation requirements, and expected return on investment.· Define success measures for major initiatives, including revenue enablement, pipeline contribution, client adoption, retention, platform scalability, and operating efficiency.· Provide clear, concise updates and recommendations to senior management.· Move comfortably between strategic planning and detailed execution, rolling up your sleeves when required to drive progress.What We Value· Ownership: Take accountability for outcomes and move initiatives forward without waiting for perfect direction.· Drive: Bring energy, resilience, and urgency to important business priorities.· Commercial judgment: Understand how product decisions influence revenue, retention, market share, risk, and operating leverage.· Client orientation: Listen carefully, challenge constructively, and translate complexity into measurable client value.· Enterprise thinking: Connect capabilities across businesses and build support without relying on formal authority.· Intellectual curiosity: Actively follow developments in hedge fund strategies, technology, data, servicing models, and competition.· Execution discipline: Turn strategy into practical plans, maintain momentum, and follow through on commitments.· Clarity: Communicate complex concepts directly and persuasively to clients, specialists, and senior executives.· Constructive challenge: Question established approaches and introduce better ideas.· Team orientation: Thrive in a small, high-impact global team where collaboration and individual contribution matter.Qualifications and Experience· Approximately 8 to 15 years of relevant experience in hedge fund servicing, asset servicing, investment operations, product management, product development, consulting, technology, or client solutioning.· Strong understanding of hedge fund operating models and the needs of alternative investment managers.· Experience in one or more relevant areas, such as fund administration, middle-office operations, investment data, front-to-back technology, collateral, derivatives, treasury, financing, custody, investor servicing, or regulatory reporting.· Demonstrated success leading product initiatives, complex client engagements, platform enhancements, or operating-model transformation.· Experience translating business and client needs into structured requirements, roadmaps, business cases, and implementation plans.· Strong analytical, problem-solving, presentation, and written communication skills.· Ability to influence senior stakeholders and coordinate delivery across Product, Technology, Operations, and client-facing teams.· Proven ability to manage several priorities in a fast-moving, global environment.· Bachelor's degree or equivalent professional experience required. An advanced degree or relevant professional qualification is advantageous.What Success Looks Like in the First 12 Months· Establish credibility with Global Hedge leadership and key North American stakeholders.· Build a strong understanding of the product portfolio, client base, pipeline, platform priorities, and competitive gaps.· Take ownership of a focused set of commercially important product initiatives.· Strengthen collaboration across Product, Sales, Relationship Management, Operations, Technology, and State Street Alpha.· Contribute meaningfully to strategic client opportunities and pipeline conversion.· Introduce greater structure and transparency to selected product roadmaps and investment priorities.· Deliver visible progress against agreed growth, client, product, or scalability objectives.Why Join UsThis role offers the opportunity to influence a globally important business from one of the world's leading financial centers. You will join a lean team with a broad mandate, direct exposure to senior leaders and strategic clients, and the opportunity to shape products and solutions supporting some of the world's most sophisticated alternative investment managers.For a leader with ambition, initiative, and the ability to turn ideas into results, this is an opportunity to make a meaningful and highly visible contribution to the next stage of Global Hedge growth.Salary Range: $110,000 - $188,750 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 .About State StreetAcross 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.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementJob Application Disclosure:It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.SummaryLocation: Boston, MassachusettsType: Full time