Assistant Vice President – Alternatives Product Development, Closed End Alternatives

State Street

. Capable of reimagining solutions strategically such that they are transformational and not just bringing tech into old, unchallenged, processes .

Posted 5/1/2026full-timeMumbai • 🇮🇳 IndiaLeadWebsite

About the role

Key responsibilities & impact

Capable of reimagining solutions strategically such that they are transformational and not just bringing tech into old, unchallenged, processes
Execute the specified Global alternative development project, including partnering with other members of the client facing, product, global delivery (operations) and technology teams.
Create & take ownership of assigned development initiatives, manage development execution, coordinate requirements gathering, translating and participating in the agile development process, testing and roll-out of capabilities
Carry out a product owner role for agile development project including establishing business outcomes, epic & story creation, status tracking, execution status meetings, issue escalation/resolution, and communicating status to internal and external stakeholders.
Adhere to program governance including compliance with policies, best practices, oversight of issues, risks, audit and compliance items in support of program reporting.
Participate in development of transition plan to migrate new capabilities into our operating model; and addressing the administrative aspects of establishing the product or service offering
Collaborate with interdependent product wide project teams ensuring alignment.
Conduct market research to identify trends and opportunities for new products.

Requirements

What you’ll need

Minimum of 7 years of experience in Alternative investor services operations, client implementation and/or business analysis.
Understanding & experience of the Alternative Investor Relations operating model process required
Experience of IS & wealth management systems beneficial including Investran, InvestTA, iFAST, ISS, AWD or iCapital
Experience working with PM semi liquid fund in US or Europe, in addition to traditional closed ended funds
Experience of using AI tools is beneficial
Knowledge of or experience leading product development programs/processes related to the financial services industry is an advantage.
Experience with designing new solutions by analyzing requirements, studying system capabilities, and writing specifications would be preferred.
Experience in JIRA, Confluence, Clarity or Squirrel is advantageous

Benefits

Comp & perks

inclusive development opportunities
flexible work-life support
paid volunteer days
vibrant employee networks

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

agile developmentbusiness analysisproduct developmentrequirements gatheringmarket researchsolution designspecification writingissue escalationstatus trackingcompliance

Soft Skills

strategic thinkingownershipcollaborationcommunicationproblem-solvingleadershiporganizational skillsstakeholder managementadaptabilitycritical thinking