Position Overview
The Head of Digital Custody Product Development will be responsible for developing and driving the development of State Street’s tokenisation and digital strategy. This will include evolving the product development strategy, securing investment spend and leading programs of work. You will work with industry partners and specialists within the firm to realise the goals of the strategy, leading a team of digital custody specialists. A core part of the role will be working with the traditional custody product team to determine a convergence strategy for the business and ensure integration of products.
The rapidity of change across Digital and Tokenized asset is significant and the successful candidate will be required to stay abreast of change and play a role in shaping the organisation’s thinking. Actions to integrate latest thinking into the development roadmap will require thoughtful steps to enable target architecture to implemented against near term time to market goals. With such rapid evolution choosing the right focus areas will be key to your success.
Reporting into the Global Head of Custody you will also work alongside the Head of Custody Product Development and technology, operations and architecture leads. Establishing strong partnership is integral to the success of the role.

Responsibilities

• Working closely with the Custody Product Executive to set the digital strategy for the business and required investment
• Document required capabilities and plans to build out tokenized custody solutions
• Own and lead the product development roadmap for the business
• Own the demand management process for the prioritisation of investment spend on an annual and 3 year rolling basis
• Partner closely with the Technology and Global Delivery organisation to lead change whilst assessing impact on the operating model and technology architecture
• Work with digital leads across State Street products to develop end to end solutions for clients
• Provide regular update senior stakeholders and the Chief Product Officer of the firm on progress.
• Work with the Risk, Legal and Regulatory teams to embedded latest industry changes into the product development agenda and where required secure new business approvals
• Lead the data integration of tokenized and digital activity onto State Street’s strategic data platform

Skills

• Deep subject matter expertise of digital and tokenized custody products with a strong awareness of how these work together with the broader Custody product suite
• Excellent Project Management skills with a proven track record of delivering large scales projects in complex operating environments
• Prior experience of successfully delivering change in a complex environment
• Proven change agent with an ability to prioritize new challenges against strategic goals
• Data expert with experience in modern data management techniques
• Budget and finance skills
• Strong stakeholder management skills with an ability to navigate organisation through the solution delivery cycle
• Excellent risk skills when assessing digital solutions

Experience

• Seasoned MD/Executive Director with 10+ years experience in Securities Services
• Worked in Product organisations in similar roles
• Prior experience working on Digital and Tokenized platforms
• Prior experience of leading large scale change programs including of digital and tokenized solutions
• Industry profile

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.
Discover more at StateStreet.com/careers

LI-Hybri

• Working closely with the Custody Product Executive to set the digital strategy for the business and required investment
• Document required capabilities and plans to build out tokenized custody solutions
• Own and lead the product development roadmap for the business
• Own the demand management process for the prioritisation of investment spend on an annual and 3 year rolling basis
• Partner closely with the Technology and Global Delivery organisation to lead change whilst assessing impact on the operating model and technology architecture
• Work with digital leads across State Street products to develop end to end solutions for clients
• Provide regular update senior stakeholders and the Chief Product Officer of the firm on progress.
• Work with the Risk, Legal and Regulatory teams to embedded latest industry changes into the product development agenda and where required secure new business approvals
• Lead the data integration of tokenized and digital activity onto State Street’s strategic data platfor