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State Street

Head of FX Platforms and Product Strategy – Managing Director

State Street

. Lead the development and execution of FX product strategy in partnership with Markets Strategy and FX business heads, aligned to growth targets and corporate priorities.

Posted 5/10/2026full-timeBoston • Massachusetts • 🇺🇸 United StatesLead💰 $170,000 - $267,500 per yearWebsite

About the role

Key responsibilities & impact
  • Lead the development and execution of FX product strategy in partnership with Markets Strategy and FX business heads, aligned to growth targets and corporate priorities.
  • Identify, assess, and prioritize product and growth opportunities (new products, enhancements, market/geographic expansion).
  • Translate strategy into clear product roadmaps and investment cases, supported by well-structured business cases (feasibility, operating model impact, resources, risk, and return).
  • Own the FX product lifecycle from ideation through delivery, commercialization, and post-implementation review, ensuring consistent product governance and outcomes.
  • Assess and design target-state FX operating models, workflows, and infrastructure to support scale, resilience, and future growth.
  • Act as senior business owner and sponsor for FX product and technology initiatives, ensuring disciplined execution, transparent tracking, and timely escalation.
  • Partner with Risk, Compliance, Controls, and Corporate Governance to ensure regulatory alignment, change management adherence, and robust risk identification/mitigation prior to implementation.
  • Lead and develop a high-performing FX Product Strategy and Product Management organization, embedding accountability, effective challenge, and risk excellence.

Requirements

What you’ll need
  • Extensive experience in the Foreign Exchange business line, with deep knowledge of FX products, markets, and operating models.
  • Commercial acumen and ability to identify growth opportunities, build investment cases, and optimize resources to deliver strategic outcomes.
  • Proven leadership and delivery track record across complex, cross-functional programs, including influencing and managing resources outside of direct reporting lines (particularly technology delivery).
  • Significant experience in FX product strategy, product management, and/or markets infrastructure delivery, with senior leadership responsibility.
  • Demonstrated experience operating within strong risk, compliance, and governance frameworks in a regulated financial institution.
  • Strong strategic communication skills, including ability to produce client-facing materials that articulate product vision, strategy, and solutions.
  • Excellent written and verbal communication skills in English; additional languages are a plus.

Benefits

Comp & perks
  • 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)
  • eligibility for certain tax advantaged savings plans

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
FX product strategyproduct managementoperating modelsbusiness case developmentrisk identificationregulatory compliancemarket expansioninvestment case buildingproduct lifecycle managementcross-functional program delivery
Soft Skills
leadershipstrategic communicationcommercial acumeninfluencingresource managementaccountabilityeffective challengerisk excellenceclient-facing communicationteam development