Who we are looking for

The team is responsible for developing and launching new data products derived from State Street and third-party data to create value for both the company and its customers. This includes conducting research, generating ideas for new products, defining requirements and roadmaps, collaborating with internal teams to bring products to market, tracking performance against KPIs (Key Performance Indicators), and iterating on solutions.

We are seeking a Product Development Analyst, Assistant Vice President to join our team to drive the development roadmap forward to successfully launch new data products. This role requires a combination of market research, technical collaboration, product design, and stakeholder engagement to build and deliver data-driven solutions.

Why this role is important to us

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 to identify trends, client needs, and opportunities for new data products. Assist in developing product requirements, user stories, and specifications for new data products.
• Collaborate with data engineers and technology teams to design, prototype, and build data products and analytics tools, working with users to gather feedback and iterate on solutions.
• Help integrate and manage market and vendor data, ensuring data quality and reliability.
• Implement research data products, such as investor behavior and risk indicators, in partnership with the Global Markets Research team.
• Maintain existing data products and support client deliverables.
• Maintain documentation of product features, data models, and user guidelines.
• Stay informed on industry trends, competitive products, and emerging technologies related to data intelligence.

What we value

These skills will help you succeed in this role

• Technical Proficiency: Strong computer programming skill is essential, preferably with experience in Python and PL/SQL.
• Data Handling & Analytics: Hands on experience in processing, manipulating and analyzing large datasets for quantitative research, product development or client services.
• Problem-Solving & Critical Thinking: Strong analytical skills and ability to translate business needs into technical solutions.
• Project Management & Adaptability: Ability to manage multiple tasks, prioritize work effectively, and thrive in a fast-paced environment.
• Communication & Collaboration: Strong written and verbal communication skills, with the ability to present findings and collaborate across teams, including data engineers, researchers, and business stakeholders.
• Innovation and Initiative: Self-motivated, fast learner who is proactive in identifying opportunities and drive solutions forward.

Education & Preferred Qualifications

• Bachelor’s degree in finance, data science, business, or a related field; advanced degree preferred.
• 3-5 years of experience in quantitative research, product development, data analytics, or investment-related roles. Experience working with financial market data, including public and private market datasets.

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Salary Range:

$175,000 - $175,000 Annual

The 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.

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, 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.

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Job 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.