Digital Assets Solutions, Product Management lead, MD (Boston)
$170k - $267.5kState Street Bank
Managing Director – Digital Asset Solutions (US-Based)Who We Are Looking ForThe Managing Director within State Street’s Digital Asset Solutions team is a strategic leader with deep expertise in digital asset technologies and strong institutional experience. This individual will play a critical role in shaping and executing the strategy for State Street Digital Asset Solutions, driving innovation and delivering transformative products and services to clients.This role is based in the United States and reports directly to the Head of Digital Asset Solutions as part of a small global team. The Managing Director will collaborate closely with senior leaders across product, technology, operations, risk, compliance, and commercial teams to drive the US elements of the overall digital strategy for Investor Services. The role also involves extensive engagement with clients, partners, and industry participants to advance State Street’s leadership in digital markets. Finally, the candidate will need to promote the One State Street approach working closely with State Street Investment Management, Markets and Private Wealth Management businesses to align strategies.The ideal candidate will have a proven track record in digital transformation, product management, and business change management, with a strong understanding of custody, accounting, payments, and emerging technologies such as blockchain, tokenization, wallet infrastructure, and AI.Why This Role Is Important to UsThe Digital Asset Solutions team is central to State Street’s strategy to build the next-generation infrastructure for financial markets. As a Managing Director, you will help deliver innovative solutions that enable institutional investors to manage risk, optimize performance, and unlock new opportunities in the evolving digital ecosystem.What You Will Be Responsible ForAs Managing Director, you will:Execute the Digital Asset Solutions strategy in the US, ensuring alignment with enterprise objectives and global Digital strategy.Lead product management initiatives for tokenization, digital custody, and related services including transfer agency and fund administration from ideation through commercialization.Establish governance frameworks for product lifecycle management, risk oversight, and regulatory compliance.Drive client engagement, delivering thought leadership and fostering partnerships to accelerate adoption of digital solutions. Partnering with Commercial and Relationship Management teams to represent State Street as the Digital expert with clients.Develop commercial models for digital products and services, ensuring scalability and profitability. Engage with Strategic Investments team to determine where investment in vendors and networks make sense for the broader strategy.Oversee operational readiness, including onboarding processes, service delivery models, and integration with core platforms.Collaborate with internal stakeholders (Product Development, Risk, Compliance, Legal, Technology) to ensure functionality delivery, robust controls and adherence to jurisdictional requirements.Establish State Street as a thought leader in the digital space in the US and globally Represent State Street externally, participating in industry forums, external events and shaping market standards for digital assets.Work within the digital global team, ensuring coherence of regional strategy with the global strategy and driving global initiatives where necessary. Potential to grow the team in the US as the business scales.Preferred Qualifications and skills15+ years in financial services, with experience in capital markets, operations, or product management, preferably covering Investor Services business lines eg Custody, Transfer Agency and/or Fund administration.Proven leadership in digital transformation and change management within complex organizations, with programme management skills to deliver solutions across functions.Deep understanding of blockchain, tokenization, wallet technologies, and digital asset infrastructureStrong commercial acumen and experience in developing go-to-market strategies for innovative products.Track record of building and managing teams across jurisdictions.Exceptional communication, influencing, and stakeholder management skills.Ability to work autonomously within a broader global teamAbility to explain complex topics in simple and clear waysSalary Range: $170,000 - $267,500 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: New York, New York; BOSTON; Boston, MassachusettsType: Full time
$170k - $267.5k
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