Who are we looking for
The Assistant Vice President, Product Development will play a key role in defining, enhancing, and delivering financial and regulatory reporting products across State Street's Investment Services platform.
This individual will work closely with business stakeholders, clients, regulatory subject matter experts, technology teams, and data providers to develop reporting solutions that support evolving regulatory requirements and client reporting needs. The role requires deep understanding of financial data, reporting processes, data governance, and product lifecycle management.
The ideal candidate will combine strong product development expertise with knowledge of financial and regulatory reporting, data management, and large-scale transformation initiatives.
What will you be responsible for
Product Strategy & Roadmap Management
Drive product enhancements and strategic initiatives for financial and regulatory reporting platforms.
Collaborate with Product Managers and business leaders to define product vision, roadmap priorities, and investment strategies.
Identify opportunities to improve reporting capabilities, operational efficiency, automation, and user experience.
Support business case development and prioritization of product enhancements based on regulatory, client, and market demands.
Financial & Regulatory Reporting Expertise
Partner with regulatory and business teams to understand evolving reporting requirements and industry regulations.
Translate regulatory requirements into functional product capabilities and business requirements.
Support development of solutions across:
Regulatory Reporting
Financial Reporting
Fund Reporting
Data Disclosure and Transparency Reporting
Ensure reporting solutions meet auditability, transparency, and compliance requirements.
Data Product & Data Governance
Collaborate with Data Governance, Data Management, and Technology teams to define data sourcing, transformation, and reporting requirements.
Ensure consistency, accuracy, lineage, and control of data used within financial and regulatory reporting products.
Drive initiatives focused on data quality improvement and reporting automation.
Business Analysis & Requirements Management
Lead requirements gathering sessions with business stakeholders.
Develop and maintain requirement documentation, functional specifications, user stories and acceptance criteria, and process flows.
Translate complex business and regulatory requirements into actionable development deliverables.
Stakeholder Engagement
Build effective partnerships across Product, Technology, and Operations organizations.
Facilitate discussions among diverse stakeholder groups to achieve consensus on product direction and priorities.
Present product strategies, roadmap updates, and delivery status.
Delivery & Execution
Support Agile delivery processes, including backlog management, sprint planning, testing, release management, and production deployments.
Coordinate business validation and user acceptance testing activities.
Monitor product adoption, operational performance, and user satisfaction metrics.
Support issue resolution and production support activities related to reporting products.
Required Skills & Experience
Strong knowledge of financial services, investment operations, and reporting ecosystems.
Experience with financial reporting, client reporting, or regulatory reporting platforms.
Understanding of investment data domains, including:
Security Master Data
Holdings and Positions
Transactions
Accounting Data
Strong knowledge of data governance, data lineage, and data quality frameworks.
Proven experience creating business requirements and translating business needs into product solutions.
Experience working with enterprise reporting and data platforms.
Strong analytical and problem-solving capabilities.
Excellent communication and stakeholder management skills.
Preferred Qualifications
Bachelor's degree in finance, Accounting, Economics, Information Systems, Computer Science, or related discipline.
8+ years of experience in Product Development, Business Analysis, Financial Reporting, Regulatory Reporting, Data Management, or related financial services functions.
Demonstrated success delivering enterprise reporting or data-driven product solutions.
Strong collaboration skills with cross-functional global teams.
Exceptional written and verbal communication skills.
Experience supporting financial and regulatory reporting products within Asset Servicing, Custody, Fund Accounting, or Investment Operations.
Familiarity with global reporting and regulatory frameworks.
Experience with cloud-based data and reporting platforms such as Snowflake, Databricks, or other enterprise analytics solutions.
Knowledge of reporting automation, data modernization, and AI-enabled reporting capabilities.
Experience managing large-scale data transformation or reporting modernization initiatives.
Split of role
Product Design & Development: 45%
Business Analysis: 45%
Stakeholder engagement: 10%
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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Skills Required
- Custody and operational background or experience
- Subject matter knowledge across custody capabilities (Corporate Actions, Income, SWIFT, Settlements, Tax, Corporate Governance)
- 4 to 6 years' experience in Securities Services
- Prior experience working in Product organizations
- Prior experience working in Operations and/or Technology
- Experience delivering projects using Agile and Waterfall techniques
- Strong analytical skills
- Proven change delivery track record in complex environments
- Integration experience and understanding of impact on Data Management (data integration at scale)
- Track record of engagement with complex institutional clients and translating requirements into product capability
- Familiarity with industry integration tools and applicability across investment lifecycle
- Strong stakeholder management and leadership skills
- Consultative experience working with institutional investors
- Agile Development (explicitly noted as a plus)
State Street Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.
-
Retirement Support — Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
-
Leave & Time Off Breadth — Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
-
Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.
State Street Insights
What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
