Head of Middle Office Products and Solutions

STATE STREET CORPORATION; Boston (MA); On-site; USD 225,000 - 338,000; Full time

Job summary

State Street Corporation in Boston is seeking a visionary product leader to drive front-to-back solutions across Front, Middle, and Back Office with a focus on the Middle Office suite.

You will own the PDLC, leverage AI, and guide agile squads to deliver integrated, enterprise-scale financial products, partnering with technology, operations, and clients. The role demands 15+ years of experience, an advanced degree, and a proven track record launching complex products in financial services.

Qualifications

• 15+ years of experience in product development, preferably in the Middle Office for large financial service firms.
• Advanced degree in business, technology, or a related field.
• Proven track record of successfully launching and managing complex financial products.
• Strong understanding of Agile development methodologies.
• Excellent communication and presentation skills.

Responsibilities

• Drive the development of client-centric, front-to-back product solutions that operate cohesively across Front Office platforms and Middle/Back Office services and systems.
• Implement a disciplined, modern PDLC framework, covering ideation, prioritization, build, launch, and continuous improvement.
• Embed AI and advanced analytics into products and processes to enhance automation, decisioning, and client experience.
• Lead adoption of agile ways of working, ensuring cross-functional teams deliver iteratively with clear accountability, metrics, and outcomes.

Job description

Who we are looking for:We are seeking a visionary product leader with a strong track record of delivering complex, enterprise-scale solutions in financial services. The ideal candidate will combine deep domain expertise with a disciplined approach to product development, driving business outcomes from ideation through deployment using modern product development lifecycle practices, AI-enabled capabilities, and agile ways of working.This individual will operate with an enterprise mindset, shaping integrated, end-to-end client and product solutions. Join us if making your mark in an ever-changing, increasingly complex and competitive industry is a challenge you are up for.Why this role is important to us:State Street is committed to delivering differentiated, holistic client solutions that integrate seamlessly across Front, Middle, and Back Office capabilities.This role is pivotal in defining and evolving our Middle Office product suite, including Cash, Transaction Management, Derivatives, Complex Instruments, Account Services, Investment Accounting, Collateral, and Financial Reconciliation, ensuring these capabilities are delivered as fully integrated, firm-wide solutions.A critical component of this role is establishing scalable integration patterns with Front Office platforms and aligning operating models across product, technology, and operations to support consistent client delivery. The successful candidate will also embed AI-driven innovation, enterprise data capabilities, and agile delivery models to accelerate time-to-market and enhance client outcomes.What you will be responsible for:Product Strategy: Drive the development of client-centric, front-to-back product solutions that operate cohesively across Front Office platforms and Middle / Back Office services and systems.Market Research: Conduct market research to identify emerging trends, customer needs, and competitive landscape.Product Development Lifecycle (PDLC) : Implement a disciplined, modern PDLC framework, covering ideation, prioritization, build, launch, and continuous improvement.Product Innovation: Generate innovative product ideas and concepts that address key market opportunities and challenges.Product Design: Collaborate with cross-functional teams to define product requirements, features, and user experiences.AI and Innovation Enablement : Embed AI and advanced analytics into products and processes to enhance automation, decisioning, and client experience.Agile Delivery : Lead adoption of agile ways of working, ensuring cross-functional teams deliver iteratively with clear accountability, metrics, and outcomes.Prototyping: Develop and test prototypes to validate product concepts and gather feedback from stakeholders.Product Roadmap: Create and manage a product roadmap that outlines the development and launch timeline for new features and enhancements.Customer Feedback: Gather and analyze customer feedback to inform product improvements and ensure ongoing satisfaction.Stakeholder Management: Build strong relationships with internal and external stakeholders, including clients, sales teams, and technology partners.Collaboration: Work closely with product implementation teams to ensure a smooth transition from development to deployment.What we value:Strategic Thinking: Ability to think critically and develop long-term product strategies.Innovation: Passion for creating innovative, valuable and disruptive products.Customer Focus: Deep understanding of customer needs and a commitment to delivering exceptional value.Communication : Outstanding presentation, communication (oral & written), and relationship-building skills with clients and across all levels of management. A detail-oriented disposition and clear, concise communication skills.Collaboration: Strong interpersonal skills and ability to work effectively with cross-functional teams including Global Delivery, Technology and Front, Middle and Back Office products to provide a full end to end solution.Technical Proficiency: Knowledge of financial services products and technologies.Leadership: Ability to inspire and motivate teams to achieve their goals.Education & Preferred Qualifications:Advanced degree in business, technology, or a related field.15+ years of experience in product development, preferably in the Middle Office for large financial service firms.Proven track record of successfully launching and managing complex financial products.Strong understanding of Agile development methodologies.Excellent communication and presentation skills.Ability to Influence stakeholdersSalary Range:$225,000 - $337,500 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.