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State Street

IT Business Analyst/Product Owner

Posted Yesterday
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In-Office
Boston, MA, USA
120K-203K Annually
Senior level
In-Office
Boston, MA, USA
120K-203K Annually
Senior level
Lead product vision, strategy, and delivery for secured finance products (Repo, Securities Lending, Collateral Management). Partner with front office, operations, risk, legal, compliance, and technology to define requirements, prioritize roadmaps, support agile delivery, ensure regulatory and control alignment, and drive product adoption and operational readiness across the trade lifecycle.
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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 endtoend, 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 multiyear 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 crossfunctional forums (e.g., working groups, steering committees) to align on scope, sequencing, and delivery tradeoffs.

Delivery & Execution

  • Translate business objectives into welldefined 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 fronttoback 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 executivelevel 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

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.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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