Product Manager

Who we are looking for

The Product Manager for Cash and Liquidity Head reports to the MD in region of the Liquidity and Investment Solutions team within Institutional Services and will manage cash and liquidity products. The product head is responsible for the development of a globally consistent product set that support our client’s cash and liquidity requirements. The team works with business and corporate partners to manage on and off balance sheet products, including deposit management, overdraft management and sweep products and works in close coordination with Treasury, Coverage, and Finance. Additional coordination with SSGA and Global Markets to support our investment product offering.

The Product Manager is responsible for the development, implementation, enhancement and support of State Street’s cash management products, services, and delivery channels from conceptual stages through research, development, marketing, training, sales programs, financial metrics, and the entire product life cycle in support of the products strategic goals and objectives. Cash products include, deposit management, sweep products, DDA account services including, cash concentration, notional pooling, and investment services.

In addition to product management, success in the role will require the ability to build effective relationships and influence across other parts of the organization including product development technology, operations, product managers and business leaders.

Across 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.

Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

As Product manager you will
- Oversee and enhance our products to ensure delivery of objectives, meeting time and quality criteria
- Represent the product in various internal management committees concerning deposits and liquidity strategy and engage with senior management to address relevant questions
- Drive regular budget forecasts in cooperation with finance/coverage to manage the product metrics and budget
- Provide SME support to EMEA coverage teams and the EMEA regional heads to engage with clients on their liquidity/cash management needs
- Maintain framework and product inventory including all relevant liquidity products by cooperating with the responsible businesses
- Support various programs e.g. Payment, Cash and Custody, digital currency and T+1
- Compile regular industry and competitive intelligence
- Cooperate with Business Control Office to ensure end to end management reporting for oversight and transparency into Demand Deposit Accounts (DDAs)
- Instill a culture and environment of risk excellence and ensure compliance with regulations globally

What we value

These skills will help you succeed in this role:

- Strong strategic view, with ability to quickly assess complex problems, prioritize key issues, and focus on relevant facts
- Strong analytical, interpersonal, written, and oral presentations skills
- Proven ability to detect emerging trends, and encourage and make recommendations for creative change
- Ability to achieve results with the persistence and patience necessary to work effectively with a wide range of internal and external constituents
- Experience leading operational teams to create scale while maintaining a strong control environment
- Possess excellent communications skills within an organization and with clients

Education & Preferred Qualifications
- Bachelor’s degree and MBA preferred
- Minimum of 8 years’ experience in cash management or Treasury management
- Knowledge of Swift, clearing platforms securities services and digital solutions

We truly believe in the power that comes from the