Digital Assets Accounting Product, Digital Centre of Excellence, AVP

Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges through solutions, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged professionals are essential to our success.

Our commitment 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.

Position Overview

We are looking for team members to be a part of State Streets Digital Center of Excellence (COE) to drive innovative solutions for providing digital asset accounting. Members of the Digital COE will work with internal business, risk management, product and technology teams while being a liaison with State Street clients and third party vendors. Starting with the documentation of business needs by working directly with global delivery teams, creating workable concepts and following all the way through the development of innovative operational solutions, the Digital COE will be an integral part of State Street’s next generation of digital asset technologies and transformative initiatives. The first set of responsibilities will be focused on fund accounting of cryptocurrencies specifically in the alternatives and ETF space. The right candidate has a deep appreciation of the intersection where traditional financial services meet cryptocurrencies and other digital assets with the goal of identifying and validating value propositions for evolving accounting products. This role will require in-depth knowledge of financial accounting platforms, third party digital asset data solutions and what is required by State Street operational teams to provide accounting services to clients interacting with digital assets.

Hybrid operational and product management responsibilities include:

Operational

• Function as point persons for vendor queries and issues

• Train and scale teams as new clients are onboarded

• Function as application super users with ability to configure vendor sourced features and products

• Help teams where applicable during high volume loads

• Conduct reporting, quarterly metrics and other analysis on our clients’ holdings & volumes for risk management and performance monitoring

Product Management

• Act as a dedicated resource for POCs for new subproduct types, vendor products, internal enhancements & product crossover integration

• Engage with State Streets business teams and clients/prospects to assess servicing complexity while evaluating interest in new technologies to propose solutions based on these interactions

• Work with business and product to assess service solutions focusing on fund administration of crypto currencies including identifying and validating value propositions from third party vendors and helping define business cases for complimentary products

• Raising business functional requirements and working with technology teams to outline development work including assisting with roadmaps where clear achievable milestones and realistic success criteria can be defined

Qualifications and experience

Required

• Significant experience 5+ years in client workflow and back/middle office products, fund accounting and administration using accounting platforms- experience with Geneva a plus.

• Prior experience 3+ years with digital asset market data providers, DAR, Coinmetrics and Lukka a plus

• Deep understanding of trade flow processes in alternative markets and crypto currency markets

• Experience in helping build innovative products from ideation through design and development using and agile framework

• Experience in business development and client engagement with a track record of results and execution

• Demonstrated ability to showcase structured thinking and problem solving

• Excellent presentation, communications, and influencing skills

• Proven ability to build relationships with internal partners and stakeholders

• Entrepreneurial attitude, with experience in fintech or fast-paced corporate environments a plus 

About State Street

What 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 servi