Alternatives Product Business Analyst – Hedge– Assistant Vice President

State Street Corporation; Boston (MA); On-site; USD 80,000 - 140,000; Full time

Job summary

State Street Corporation seeks a qualified leader to drive alternatives projects, primarily Hedge, leveraging AI for documentation and governance. The role requires strong asset-class expertise, program management, and cross-team collaboration with senior stakeholders.

You will manage development programs, coordinate agile practices, and ensure alignment with strategic plans while delivering tangible client-focused capabilities in a fast-paced environment.

Qualifications

• Bachelor's degree or higher in business, accounting or related field.
• Experience implementing AI process solutions.
• Minimum of 5–8 years within the Alternative industry.
• Knowledge of SDLC, Jira, Clarity and other development tools.
• Experience presenting to senior management on status and strategy.

Responsibilities

• Lead/execution of alternative development programs focused on Hedge.
• Partner with client-facing, product, global delivery and technology teams.
• Utilize AI tools to manage program documentation, business cases and plans.
• Facilitate program governance, risk, audit and compliance reporting.
• Serve as product owner or BA for agile programs: define epics, stories, priorities and testing.
• Collaborate across units to share practices and improve capability for new features.
• Coordinate status meetings and provide senior-management updates on progress.
• Apply firm strategy knowledge to solution design and development phases.

Skills

AI

Analytical skills

Organizational skills

Communication skills

Presentation skills

Stakeholder management

Agile development

Business analysis

Education

Bachelor’s degree in business, accounting or related field

Tools

Jira

Clarity

Job description

The Alternatives Product organization seeks a qualified leader with strong experience and interest in leading alternatives projects for our alternatives product organization, primarily within Hedge. The individual must bring strong experience in Alternative Asset Classes and program/project management to manage complex business transformation and technology development. This role will interact directly with key stakeholders across the business, technology and within the product organization, including senior management. The successful candidate must have excellent verbal, written and presentation skills, be highly organized, and have a good understanding of our Alternatives business.ResponsibilitiesLead and/or perform the execution of specified Alternative development programs, with a focus on Hedge, including partnering with other members of the client facing, product, global delivery and technology teams.Use latest AI technology to manage project documentation including business case creation, requirements, development plans.Facilitate program governance including compliance with policies, best practices, oversight of issues, risks, audit and compliance items in support of program reporting.Participate as product owner or business analyst for agile development programs including prioritization, epic & story creation, status tracking, execution status meetings, issue escalation/resolution, testing & implementationCollaborate globally across business units to share approaches, develop best practices and improve the teams capabilities to successfully execute and deliver new capabilities or better serve clients.Manage project status meetings, ensuring complete and accurate reporting and updates for senior management and key stakeholders around issues, risks, progress and accomplishments.Understand the firm’s strategic plans, business, process and architecture and apply that knowledge in the solution design and development phases.SkillsHighly proficient in AI Highly organized, strong analytic skills, ability to operate independently and to move seamlessly between multiple projects/implementations with changing client requirementsAbility to organize, prioritize, balance key tasks and manage time effectively.Demonstrate strong communication skills and the ability to develop and define clear business requirements for various project documentation e.g. use cases, business requirement document.Comfortable facilitating working groups and large discussions to ensure common understanding and drive decisions.Strong presentation skills to both internal and external stakeholders, including client interaction.Ability to evidence facts and back up with data to validate decision making.Ability to distil complex information into clear, concise actionable insights for senior management.Demonstrate the ‘Risk Excellence’ culture in your behaviour and a high level of Code of ConductExperienceBachelor’s degree on business, accounting or related experience.Experience in implementing AI process solutionsMinimum of 5-8 years within Alternative industry;Working knowledge of SDLC, Jira, Clarity and other development related tools.Knowledge of or experience leading projects related to the financial services industry is an advantage.Experience interacting and presenting to senior management around status and strategy reporting.Salary Range:$80,000 - $140,000 AnnualThe 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 StreetAcross 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/careersRead our CEO StatementJob 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.