State Street · 2 days ago
Alternatives Product Development - Wealth and Investor Services, MD
Boston, Massachusetts
Full-time
Onsite
Director/Executive
$170K/yr - $268K/yr
10+ years expState Street is a global leader in custody, asset servicing, and fund administration for institutional investors. The Alternatives Product organization is seeking a qualified leader with strong product management experience in Private Markets to drive solution development for the wealth channel and distribution partners, focusing on technology-enabled solutions and enhancing client experiences.
BankingFinanceFinancial Services
Responsibilities
Lead solution definition and development for the Private Markets wealth channel, including competitive analysis, pricing, go‑to‑market strategy, and full ownership of the product development roadmap for wealth and distributor connectivity initiatives
Establish and evolve a distributor and platform connectivity program, serving as the central product owner partnering with Product Development and Technology to translate market needs into scalable technical and operational solutions
Design and deliver connectivity strategies with wealth platforms, ensuring seamless integration of private investments into models, advisory workflows, and wealth management software ecosystems
Align solution strategy with Charles River Wealth, working in joint partnership to build an integrated servicing and technology model for the wealth channel
Co‑lead development of DLT, API, and AI‑enabled capabilities—working directly with engineering and architecture teams to reduce friction, modernize infrastructure, and deliver differentiated client and operational outcomes
Partner across the broader Product team, Global Delivery, Technology and external providers to define requirements, prioritize features, and drive execution of new capabilities that support Private Market fund servicing and distribution connectivity
Incorporate client and partner feedback into the product development lifecycle, ensuring that solution design remains aligned to market needs and competitive differentiation
Maintain and communicate the solution and product roadmap, including status updates to senior leadership, cross‑functional stakeholders, and external partners
Qualification
Required
Strong product management experience in Private Markets
Lead solution definition and development for the Private Markets wealth channel
Establish and evolve a distributor and platform connectivity program
Design and deliver connectivity strategies with wealth platforms
Align solution strategy with Charles River Wealth
Co-lead development of DLT, API, and AI-enabled capabilities
Partner across the broader Product team, Global Delivery, Technology and external providers
Incorporate client and partner feedback into the product development lifecycle
Maintain and communicate the solution and product roadmap
Strong understanding of financial services and Private Markets
Demonstrated experience engaging clients and ecosystem partners
Proven ability to lead product definition and partner closely with Product Development
Excellent program and project management skills
Strong organizational, communication, and interpersonal skills
Ability to balance, prioritize, and execute multiple solution initiatives in parallel
Minimum 10 years of experience in financial services
Experience leading solution or product development programs in Private Markets
Experience designing and delivering technology-enabled solutions leveraging APIs, AI, or modern integration frameworks
Benefits
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)
Eligibility for certain tax advantaged savings plans
Flexible work-life support
Paid volunteer days
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
H1B Sponsorship
State Street has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
Business Recorder
2026-01-17
Morningstar.com
2026-01-17
WSJ.com: US Business
2026-01-17
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