State Street Corporation

IT Business Analyst/Product Owner

State Street Corporation$120K — $202K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12-14+ years in financial markets with expertise in secured financing, repo, and securities lending.
  • Proven experience managing complex financial products across various office functions.
  • Strong understanding of secured financing market structures and lifecycle processing.
  • Ability to collaborate effectively across business, technology, and control functions globally.
  • Excellent skills in communication, stakeholder management, and executive presentations.

Responsibilities

  • Own product vision, strategy, and a multi-year roadmap for secured finance products.
  • Drive product expansion, ensuring alignment with client needs and market trends.
  • Define product outcomes and success metrics based on business value and risk considerations.
  • Liaise between business stakeholders and technology teams to articulate product requirements clearly.
  • Collaborate with Trading, Treasury, and Compliance to meet regulatory expectations.
  • Lead cross-functional forums for alignment on project scope and delivery.
  • Translate business objectives into product requirements for efficient technology delivery.

Benefits

  • Comprehensive retirement savings plan with company match
  • Insurance coverage including medical, dental, and vision
  • Paid time off for vacation and family care
  • Access to the Employee Assistance Program
  • Eligibility for performance-based incentive compensation
Full Job Description
Role Summary

The Senior Technical Product Manager - Secured Finance is responsible for defining, delivering, and scaling secured financing products across Repo, Securities Lending, and Collateral Management. This role owns the product strategy and roadmap end-to-end, working closely with Front Office, Operations, Risk, Legal, Compliance, and Technology partners to drive product innovation, regulatory alignment, and operational excellence across the full trade lifecycle.

The role requires deep domain expertise in secured financing markets, strong product management discipline, and the ability to translate business strategy into executable product and technology outcomes.

Key Responsibilities

Product Strategy & Ownership
  • Own the product vision, strategy, and multi-year roadmap for secured finance products (e.g., Repo, Reverse Repo, Securities Lending, Collateral Optimization).
  • Drive product expansion from concept through implementation, ensuring alignment with business growth objectives, client needs, and market structure evolution.
  • Define clear product outcomes, success metrics, and prioritization frameworks aligned to business value and risk considerations.


Business & Stakeholder Partnership
  • Act as the primary liaison between business stakeholders and technology teams, ensuring requirements are clearly articulated, prioritized, and delivered.
  • Partner closely with Trading, Treasury, Operations, Risk, Legal, and Compliance to ensure products meet regulatory, control, and governance expectations.
  • Lead cross-functional forums (e.g., working groups, steering committees) to align on scope, sequencing, and delivery trade-offs.


Delivery & Execution
  • Translate business objectives into well-defined product requirements, epics, and features to enable efficient technology delivery.
  • Support agile delivery teams through backlog refinement, dependency management, and release planning.
  • Ensure readiness across operations, controls, and client support for all product launches and enhancements.


Risk, Controls & Regulatory Alignment
  • Embed risk management, operational resilience, and regulatory compliance into product design and delivery.
  • Partner with Risk and Compliance teams to support regulatory initiatives, audits, and control assessments relevant to secured financing products.
  • Ensure product designs align with front-to-back processing, books and records, and control frameworks.


Market & Client Focus
  • Maintain a strong understanding of secured financing market trends, client demands, and competitive offerings.
  • Incorporate client feedback and market insights into product enhancements and strategic investment decisions.
  • Support client onboarding, product adoption, and commercialization initiatives as needed.


Required Qualifications
  • 12-14+ years of experience in financial markets, with deep expertise in secured financing, repo, securities lending, and/or collateral management.
  • Demonstrated experience owning and delivering complex financial products across front, middle, and back office.
  • Strong understanding of secured financing market structure, margining, collateral flows, and lifecycle processing.
  • Proven ability to work effectively across business, technology, and control functions in a global environment.
  • Excellent communication, stakeholder management, and executive-level presentation skills.

Preferred Qualifications
  • Experience working with secured finance platforms and vendor solutions (e.g., securities financing or collateral management systems).
  • Familiarity with agile / product operating models and scaled delivery frameworks.
  • Prior experience supporting regulatory initiatives impacting secured financing or funding businesses.
  • Bachelor's degree in Finance, Economics, Engineering, or a related field; advanced degree a plus.


Work Requirement
  • Onsite 4 days a week in office and one day remote
  • Standard business hours aligned to project and stakeholder needs(8am to 5pm)


Salary Range:
$120,000 - $202,500 Annual

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the 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 Street Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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