TradeNeXus Product Manager, Vice President
Company: STATE STREET CORPORATION
Location: Boston
Posted on: April 15, 2025
Job Description:
TradeNeXus Product Manager - Vice PresidentWho we are looking
forThe 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 is 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 usTradeNeXus 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.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 forProduct 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 manage 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 StreetWhat 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.Salary Range:$110,000 - $177,500 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.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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Keywords: STATE STREET CORPORATION, Springfield , TradeNeXus Product Manager, Vice President, Executive , Boston, Massachusetts
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