What are the responsibilities and job description for the Data Commercialization, Product Development, Vice President position at State Street?
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 Lead, 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
These skills will help you succeed in this role
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
$110,000 - $177,500 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.
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.
State Street's Speak Up Line
Job ID: R-767153
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 Lead, 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.
- Work closely with internal teams across investment servicing, investment management, markets, Alpha, and alternatives to understand business challenges and develop data-driven solutions.
- Develop product requirements, user stories, and specifications for new data products.
- Manage working groups of data engineers and technology teams to design, prototype, and build data products and analytics tools.
- Build and improve robust automated processes in integrating and managing market and vendor data, ensuring data quality and reliability.
- Manage the testing and validation of data products, working with users to gather feedback and iterate on solutions.
- Implement research data products, such as investor behavior and risk indicators, in partnership with the Global Markets Research team.
- Maintain documentation of product features, data models, and user guidelines.
- Track key performance indicators (KPIs) such as customer adoption, retention, feature utilization, and revenue growth to refine product offerings.
- Stay informed on industry trends, competitive products, and emerging technologies related to data commercialization.
These skills will help you succeed in this role
- Strong computer programming skill is essential, preferably with experience in MATLAB, Python and PL/SQL.
- Strong analytical skills and ability to translate business needs into technical solutions.
- Familiarity with data product development and analytics platforms (APIs, dashboards, subscription models, etc.).
- Hands-on experience working with data engineers, analysts, and technology teams to build data-driven solutions.
- Experience with Agile methodologies and product development frameworks.
- Strong communication skills, with the ability to collaborate across multiple teams and present findings effectively.
- Prior experience in a large, complex organization is a plus.
- Bachelor’s degree in finance, data science, business, or a related field; advanced degree preferred.
- 5 years of experience in quantitative research, product development, data analytics, or investment-related roles. Experience working with large financial market data, including public and private market datasets.
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
$110,000 - $177,500 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.
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.
State Street's Speak Up Line
Job ID: R-767153
Salary : $110,000 - $177,500
