Alternatives Product Control Manager - Vice President

Position OverviewState Street’s Global Product organization is undergoing a period of significant transformation to enhance scalability, transparency, and commercial performance across the Alternatives business.The Vice President – Alternatives Product Control will play a critical role in driving financial discipline, governance, and operational effectiveness across the Product organization. Reporting to the Head of Product Control, this role partners closely with Product, Finance, CAO, HR, and Technology teams to support strategic decision-making, improve reporting and analytics, and enable growth across Private Markets and Custody product offerings.This role combines financial oversight, governance leadership, and business management responsibilities, with a strong focus on enhancing product economics (P&L, cost to serve, pricing) and building scalable frameworks to support a global, complex organization.Primary ResponsibilitiesAs the Alternatives Product Controls Manager (VP), you willLead executive reporting and governance for the Alternatives business, including scorecards, business reviews, and senior leadership materialsDrive Product Control agenda, including P&L oversight (revenue, fees, NII), cost-to-serve analysis, and commercial insightsDevelop and enhance product-level financial tools and analytics (pricing, risk, cost, and performance metrics)Partner with Finance, CAO, and IT to address business questions and improve financial transparency and reporting accuracyConduct strategic and risk deep dives, providing insights to inform business and investment decisionsSupport workforce planning, headcount management, and broader people initiatives in partnership with HR and leadershipManage budgeting and execution of marketing sponsorships and industry engagement activitiesOversee sales enablement and client engagement initiatives, including RFP process improvementsDrive continuous improvement initiatives, including development of data tools, frameworks, and scalable reporting solutionsLead or contribute to Product organization management activities, including OKRs, strategy execution, and operational governanceCollaborate across global teams to improve expense allocation transparency and drive efficiencyFoster employee engagement, culture, and communication across a global organizationWhat We Value (Skills & Capabilities)These skills will help you succeed in this roleStrong analytical and critical thinking capabilities with ability to translate data into actionable insightsProven expertise in financial analysis, product economics, and commercial strategyDemonstrated project management and process transformation experience in complex environmentsStrong stakeholder management skills, with ability to influence and collaborate across senior leadershipAbility to operate independently, prioritize effectively, and manage multiple initiatives simultaneouslyExcellent written and verbal communication skills, including executive-level presentationsExperience navigating large, global organizations and driving cross-functional alignmentStrong understanding of governance frameworks, controls, and reporting disciplinesData-oriented mindset, with experience in data integration, visualization, and analytics tools (e.g., Tableau, Alteryx, Python)Proven ability to drive change and deliver results at scaleLeadership and people management capabilities, including developing and mentoring team membersJob Requirements And Minimum QualificationsBachelor’s degree in Finance, Business, Accounting, or related field7–10+ years of experience in financial services, asset servicing, or securities servicesExperience in Product, Finance, Business Management, or Product Control functionsAdvanced proficiency in Excel and PowerPoint; strong analytical and presentation skills requiredExperience with financial modeling, P&L management, and cost allocation frameworksFamiliarity with product control frameworks, governance, and management reportingExperience working within Product organizations and supporting strategic initiativesStrong team player with ability to thrive in a global, matrixed environmentAlternatives experience and knowledge is helpfulAbout 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.Discover more at StateStreet.com/careersSalary Range: $110,000 - $188,750 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.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 StreetAcross 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.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementJob 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.Job ID: R-790515