Product Development Analyst, AVP

$80,000 - $132,500/Yr

State Street Corporation - Boston, MA

Full-time - Mid Level

Boston, MA

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

We are seeking a highly skilled and risk-focused Product and Client Change Manager to join our Currency Management team. In this role, you will be at the forefront of managing and executing special events and transition projects within our currency management business. This is a unique opportunity to work closely with clients, internal stakeholders, and cross-functional teams to ensure seamless execution and delivery of complex currency management solutions. You will play a vital role in overseeing complex events such as transitions, fund restructures/closures, hedging/execution strategy changes, amongst others, by engaging with clients and collaborating with internal teams to deliver seamless currency management solutions. State Street's Currency Management team is a global leader in providing sophisticated currency management solutions, including currency overlay and hedging strategies, to institutional clients. We leverage advanced technology and deep market expertise to help clients mitigate currency risk, enhance returns, and achieve their investment objectives in an ever-changing global market. Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

Responsibilities

• Act as a primary point of contact for clients during special events and transitions.
• Effectively communicate currency overlay and trading concepts to both technical and non-technical stakeholders.
• Lead the planning, coordination, and execution of special events and transitions, including fund launches and mandate changes.
• Develop and maintain detailed project plans, timelines, and status reports.
• Utilize technical skills to automate processes using Python & SQL, and contribute to the development of custom tools and reports.
• Work closely with internal teams, including portfolio management, trading, operations, technology, and legal, to ensure seamless execution of special events and transitions.
• Identify and mitigate potential risks associated with special events and transitions, ensuring adherence to contractual requirements and internal policies.
• Proactively identify opportunities to enhance processes, tools, and methodologies related to special events and transitions.

Requirements

• 5+ years of experience in currency management, financial services, or a related field, with a focus on project management, transitions, or special events.
• Experience working in a client-facing role is highly preferred.
• Proficiency in SQL and basic Python programming.
• Experience with data analysis, automation, and report generation is essential.
• Deep understanding of risk management principles, particularly in the context of financial services and currency management.
• Proven ability to identify, assess, and mitigate risks effectively.
• Understanding of fund accounting/custody/transfer agency operations.
• Strong problem-solving skills, with a keen attention to detail and the ability to think critically under pressure.
• Proven ability to lead and manage cross-functional teams, driving projects to successful completion while maintaining high standards of quality and client satisfaction.

Nice-to-haves

• Advanced degree or relevant certifications (e.g., CFA, PMP) are a plus.
• Microsoft Excel skills.

Benefits

• Generous medical care, insurance and savings plans.
• Access to flexible Work Programs.
• Wealth of development programs and educational support.
• Paid volunteer days.
• Matching gift programs.
• Access to employee networks.