Role Description

The Investment Services Product organization is recruiting for an experienced individual to serve as anAssistant Vice President, Product Ownerwithin theFund Accounting and Administration (FAA)product organization.

Reporting toVice President, Fund Accounting and Administration (FAA), this role partners closely with FAA Product Leads, Operations, and Technology teams totranslate business priorities into clearly defined product requirements, manage backlog priorities, and support delivery of measurable outcomes aligned to the FAA roadmap.

The Assistant Vice President is accountable for theeffective execution of assigned product features and initiatives, ensuring clarity of requirements, disciplined backlog management, and alignment with broader product and businessobjectives.Therole contributes directly to the ongoing evolution of State Street's global fund accounting and fund administration capabilities through strong analytical judgment, hands-on execution, and effective stakeholder coordination.

The roleoperatesin a global context, supporting product development and delivery across multiple platforms, asset classes, andjurisdictions, and requires close collaboration across time zones.

Function

The Assistant Vice President supports Fund Services Product Development leadership byowning and refining product requirements, backlog items, and delivery priorities across defined FAA initiatives and capability enhancements. Working in close partnership with business, operations, and technology stakeholders, the role ensures that user needs are clearly articulated, acceptance criteria are practical, and delivered outcomes meet client, operational, and regulatory expectations.

This position serves as aProduct Owner, managing product backlog and requirements for specific initiatives or components of larger programs under the direction of a Vice President and senior product leadership.

Key Responsibilities

• Own andmaintaintheproduct backlogfor assigned FAA initiatives or workstreams, ensuring priorities are clearly defined and sequenced

• Partner with Product, Operations, and Technology teams todefine user stories, business requirements, acceptance criteria, and release priorities

• Drive day-to-day backlog execution, ensuring work items progresson time, within scope, and withappropriate riskmanagement

• Analyze product change impacts, includingclient impact, operational implications, process dependencies, and commercial considerations

• Support development and maintenance ofproduct roadmaps, epics, user stories, and backlogsaligned to strategic priorities

• Apply professional judgment toidentifydependencies, tradeoffs, delivery risks, and sequencing decisions, escalating issues as appropriate

• Contribute to discussions onFAAoperatingmodels and supporting technology capabilities, with a focus on simplification, standardization, and scalability

• Support evaluation ofsolution options and platform enhancementsto improve product capabilities and delivery efficiency

• Partner with stakeholders across service disciplines toensure product requirements are understood and capabilities are integrated consistently

• Work closely with delivery teams toclarify requirements, review progress, and support successful sprint and release outcomes

• Maintain awareness ofregulatory requirements and local market considerationsimpactingassigned product features and initiatives

Skills

• Strong knowledge offund accounting, including accounting standards (IFRS, US GAAP), NAV construction, general ledger processing, and complex asset classes

• Working knowledge offund administration functionsdownstream from accounting records, including financial and regulatory reporting, tax administration, and investment compliance

• Proven ability tomanage multiple priorities across a defined product backlogand support delivery across concurrent initiatives

• Ability to applybusiness, operational, and system knowledgeto inform requirements, prioritization, and product decisions

• Strong communicationskills, with the ability toarticulate recommendations and influence stakeholdersat multiple levels

• Experience increating high-qualityrequirements, user stories, process flows, and solution documentation

• Solid understanding ofAgile delivery practices, including Product Owner responsibilities, story definition, backlog grooming, and sprint collaboration

• Ability tooperateeffectively inglobal, matrixed environments

• Strong analytical skills and sound professional judgment

• Exposure to adoption ofAI within the Product Development Lifecycleis preferred

Experience

• 7-12years experience inSecurities Services or related financial servicesbusinesses

• Prior experience infund accounting and/or fund administrationenvironments

• Experience supportingplatform enhancements, product change, or transformation initiativeswith direct involvement in requirements and delivery coordination

• Prior experience in aproduct owner, business analysis, product, or technology delivery role

• Experience working withinglobal organizationsandmulti‑stakeholderdelivery models

Indicative Role Split

• Product backlog ownership and delivery support:45-50%

• Business analysis, requirements definition, and problem solving:30-35%

• Stakeholder engagement, sprint collaboration, and release support:20-25%