Alternatives Private Credit Product Development Manager - AVP
State StreetJob Description
The Alternatives Product organization seeks a qualified leader with strong experience and interest in leading alternatives projects for our alternatives product organization, primarily within Private Credit . The individual must bring strong experience in Alternatives Private Credit and program/project management to manage complex business transformation and technology development. This role will interact directly with key stakeholders across the business, technology and within the product organization, including senior management. The successful candidate must have excellent verbal, written and presentation skills, be highly organized, and have a good understanding of our Alternatives business.
Responsibilities
Lead and/or perform the execution of specified Alternative development programs, with a focus on Private Credit, including partnering with other members of the client facing, product, global delivery and technology teams.
Manage development plans, development execution, coordinate requirements gathering, translating and participating in the agile development process, testing and roll-out of capabilities
Facilitate program governance including compliance with policies, best practices, oversight of issues, risks, audit and compliance items in support of program reporting.
Participate as product owner or assigned role for agile development programs including organizing program, epic & story creation, status tracking, execution status meetings, issue escalation/resolution, and communicating status to internal and external stakeholders
Participate in development of transition plan to migrate new capabilities into our operating model; and addressing the administrative aspects of establishing the product or service offering
Collaborate globally across business units to share approaches, develop best practices and improve the teams capabilities to successfully execute and deliver new capabilities or better serve clients.
Manage project status meetings, ensuring ability to communicate status to internal, senior management and external stakeholders,
Maintain & produce complete and accurate reporting and updates for senior management and key stakeholders around issues, risks, progress, and accomplishments.
Effectively communicate, collaborate and develop relationships with diverse stakeholders with varied interests.
Support annual planning, funding & resourcing prioritization activities where required.
Understand the firm’s strategic plans, business, process and architecture and apply that knowledge in the solution design and development phases.
Skills
Highly motivated individual who can lead in a complex environment across multiple stakeholders ensuring the success of critical initiatives.
Highly organized, strong analytic skills, ability to operate independently and to move seamlessly between multiple projects/implementations with changing client requirements
Demonstrate strong understanding of Private Credit strategic operating model and technology stack.
Strong organization, communication and interpersonal skills, written and oral, including interaction with senior stakeholders.
Ability to organize, prioritize, balance key tasks and manage time effectively.
Demonstrate strong communication skills and the ability to develop and define clear business requirements for various project documentation e.g. use cases, business requirement document.
Comfortable facilitating working groups and large discussions to ensure common understanding and drive decisions.
Strong presentation skills to both internal and external stakeholders, including client interaction.
Ability to evidence facts and back up with data to validate decision making.
Ability to distil complex information into clear, concise actionable insights for senior management.
Strong problem-solving skills
Demonstrate the ‘Risk Excellence’ culture in your behaviour and a high level of Code of Conduct
Experience
Bachelor’s degree on business, accounting or related field.
Minimum of 5-8 years within Private Credit industry; either from asset servicing, or directly from within Private Credit and Fund employers
Working knowledge of SDLC, Jira, Clarity and other development related tools.
Knowledge of or experience leading programs related to the financial services industry is an advantage.
Experience interacting and presenting to senior management around status and strategy reporting.
Demonstrated success working closely with leadership across a large organization to drive successful outcomes would be an advantage.
Salary Range:
$80,000 - $140,000 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 https://hrportal.ehr.com/statestreet/Home.
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