TradeNeXus Product Manager, Vice President at State Street in Boston, Massachusetts

Job Description:

TradeNeXus Product Manager -Vice President

Who we are looking for

The TradeNeXus Product Manager's primary role is to support the product and business managers to implement product enhancements and expansions thoroughly and efficiently as well as to help maintain and enhance the business to be more controlled and efficient. This includes but not limited to collaborating with clients, sales, IT, and external partners to develop clear business requirements and specifications, troubleshooting, proactive project management, and working with internal groups in seeking input and approvals to roll out new features and initiatives. Additional responsibilities may include identifying opportunities for innovation, assessing the marketplace for opportunities and navigating obstacles to the business' success and providing training and educational material.

Why this role is important to us

TradeNeXus is an award-winning post-trade solution developed primarily for asset managers, their bank counterparties and agents that provides electronic enrichment, confirmation matching, settlement netting and messaging for FX and money-market funds. More recent strategic enhancements to create value-add to its client base include extending solutions to FX clearing workflows, CLS monitoring and portfolio optimization. The platform's product roadmap is a balance of new business initiatives, enhancements for our existing client base, and technology and process upgrades,

TradeNeXus is a part of the GlobalLINK suite of market-leading e-trading platforms, technology, data and workflow solutions from State Street Global Markets.

As Product Manager, you will be a critical component in delivering on our product roadmap and the overall success of our business.

What you will be responsible for

Product Development

• Lead assigned product initiatives in assessing viability, risks, interdependencies and analyzing requirements (including technical specifications).


• Develop and drive end-to-end product delivery for initiatives, which includes collaborating with key constituents in Sales, IT, Legal and Compliance as well as navigating State Street required processes such as new business approvals.


• Define clear, concise but thorough product specifications


• Identify and solution for risks and issues with the business and propose/manage ideas for mitigation or elimination.


• Contribute to product innovation to maintain competitiveness, client satisfaction, increase market share and generate new revenue streams.


• Proactively managing any escalated queries or issues brought to the team.

People

• Develop and maintain strong working partnerships within the TradeNeXus team and all constituents.


• Contribute to team culture of collaboration and knowledge sharing

Strategy & Planning

• Work with product team to develop and manage TradeNeXus product roadmap balancing strategic initiatives and ongoing platform enhancements.


• Participate in improving internal product process in implementing improvements to maximize control, communication, and efficiency.


• Be aware of industry trends, regulations, and developments related to TradeNeXus client base and initiatives

Client Interaction

• Develop good working relationships with partner clients/banks and industry partners.


• Contribute to product innovation to maintain competitiveness, client satisfaction, increase market share and generate new revenue streams.


• Participate in client presentations and conferences to educate customers on business' offering and future direction as needed.

What we value

• 5+ years industry experience in FX positions within product lifecycle leading initiatives


• Good understanding of financial markets, trading processes, and operational risks.


• Excellent problem-solving skills with a strong solutions mindset


• Strong interpersonal and organizational skills


• Great team skills but must be a self-starter and have ability to lead several business initiatives concurrently.


• Results orientated - capacity to prioritize and adept at managing a broad book of work whilst maintaining strong attention to detail


• Appreciation of cultural differences globally.


• A person who exemplifies risk excellence and owners' mindset


• Great communicator and motivator. Ability to effectively communicate with all levels across organizations,


• Ability to work autonomously with confidence in a fast-moving, complex technical environment

Education & Preferred Qualifications

• Undergraduate in finance, business, or computer science

Additional requirements

• Background in foreign exchange (FX) and/or FX financial technology


• Experience as a product manager in financial services, fintech, or a related field, preferably with a focus on FX matching/settlement workflow technology.

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

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.

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