About this opportunity
Original employer descriptionWe are seeking a Vice President to join the Fund Connect team and lead the development and commercialization of digital-asset capabilities, with a particular focus on the tokenization of real-world assets.
This role is ideal for an experienced product, strategy, or digital-transformation professional with a strong understanding of institutional financial services, asset servicing, cash and liquidity management, and emerging digital technologies. The successful candidate will help shape and deliver Fund Connect’s strategy for providing institutional clients with access to both traditional and tokenized investment products through a unified platform.
The Vice President will work closely with senior leaders and partners across Product, Technology, Operations, Sales, Relationship Management, Legal, Risk, Compliance, Finance, and other State Street businesses. The role will also engage with asset managers, transfer agents, digital custodians, wallet providers, blockchain networks, fintech firms, and other external market participants.
The ideal candidate will combine hands-on product management experience, strong commercial judgment, and a practical understanding of blockchain, tokenization, digital wallets, digital cash, and tokenized investment products. Experience with traditional asset-servicing products and operating models, including money market funds, transfer agency, custody, cash management, collateral management, or fund administration, is highly desirable.
Why This Role Is Important to Us
Fund Connect is expanding its capabilities to support the convergence of traditional finance and digital markets. Our vision is to provide clients with a unified solution for managing digital and traditional short-term investments.
This position will play a pivotal role in advancing Fund Connect’s digital-asset strategy and translating emerging technologies into scalable, controlled, and commercially viable client solutions. The role will initially focus on tokenized money market funds and related digital infrastructure, while helping establish a foundation that can support the broader tokenization of real-world assets.
The Vice President will contribute to the development of solutions involving:
This is an opportunity to help define the next generation of institutional fund distribution, liquidity management, and digital-asset infrastructure.
What You Will Be Responsible For Strategy and Execution
As Vice President, you will:
Identify opportunities for Fund Connect to support the issuance, distribution, trading, settlement, custody, and reporting of tokenized real-world assets.
Conduct market, client, regulatory, and competitive analysis to inform product direction and investment decisions.
Monitor developments in tokenization, blockchain infrastructure, digital custody, digital cash, decentralized finance, and institutional adoption.
Product Management and Development
Define product requirements, use cases, workflows, client journeys, and operating models for tokenized products.
Partner with Product Development, Technology, Architecture, Operations, and external providers to define and deliver product capabilities.
Support integration with tokenized fund providers, transfer agents, digital asset platforms, wallet providers, custodians, and blockchain infrastructure.
Define requirements for digital order routing, transaction processing, settlement, position reporting, wallet connectivity, and client servicing.
Maintain product documentation, decision logs, business requirements, workflow diagrams, and implementation materials.
Ensure that solutions are scalable, resilient, interoperable, and aligned with Fund Connect’s broader product architecture.
Tokenization and Real-World Asset Solutions
Develop institutional workflows for subscribing to, redeeming, transferring, settling, and reporting tokenized fund interests.
Assess how tokenized assets may support corporate treasury, investment, liquidity, and collateral-management use cases.
Help define the role of digital wallets, custody services, digital transfer agents, smart contracts, and public or permissioned blockchains within the Fund Connect ecosystem.
Support the development of controls for the movement of tokenized assets between clients, providers, custodians, and approved networks.
Client and Stakeholder Engagement
Lead discovery sessions with asset managers, treasury organizations, white-label clients, and other institutional market participants.
Commercialization and Business Management
Assess client demand, addressable opportunities, implementation requirements, and potential commercial models.
Conduct due diligence on external technology providers, custody providers, wallet providers, blockchain networks, and other strategic partners.
Risk, Regulatory, and Governance
Work closely with Legal, Risk, Compliance, Information Security, Privacy, and Operational Risk teams throughout the product lifecycle.
Help identify and document risks associated with tokenization, blockchain networks, digital wallets, custody models, settlement assets, and external vendors.
Ensure that product requirements incorporate appropriate controls, client protections, governance, and recordkeeping.
Operational and Cross-Functional Delivery
Coordinate delivery across Product, Technology, Operations, Client Service, Sales, Legal, Risk, Compliance, and Finance.
Maintain clear communication regarding status, decisions, risks, dependencies, and required actions.
Engagement and Thought Leadership
Represent Fund Connect in selected industry working groups, client events, conferences, and market forums.
Develop informed perspectives on tokenized funds, real-world assets, institutional digital custody, digital cash, and blockchain-based financial-market infrastructure.
Build relationships with relevant industry organizations, infrastructure providers, asset managers, technology companies, and market participants.
Team and Global Collaboration
These skills will help you succeed in this role:
Practical understanding of tokenization, blockchain technology, smart contracts, digital wallets, and digital-asset infrastructure.
Knowledge of real-world asset tokenization and the associated issuance, distribution, custody, settlement, and servicing lifecycle.
Experience with money market funds, investment funds, transfer agency, custody, fund administration, cash management, liquidity management, or collateral management.
Ability to translate complex client, business, regulatory, and technical requirements into scalable product solutions.
Preferred Qualifications and Experience
Ten or more years of experience in financial services, fintech, capital markets, transaction banking, asset servicing, or a related field.
Demonstrated experience in product management, product strategy, digital transformation, or complex program delivery.
Experience with institutional digital assets, tokenized funds, blockchain-based financial products, or real-world asset tokenization.
Understanding of digital custody, wallet infrastructure, tokenization platforms, and digital transfer agency.
Familiarity with stablecoins, tokenized deposits, on-chain settlement, and digital collateral use cases.
Experience working with asset managers, banks, custodians, transfer agents, corporate treasury teams, or institutional investors.
Knowledge of product-governance, operational-risk, regulatory, and compliance requirements within a global financial institution.
Bachelor’s degree or equivalent experience in Finance, Economics, Business, Technology, Computer Science, or a related discipline.
Success in this role will include:
Development of controlled operating models for digital-asset trading, settlement, custody, and reporting.
Effective management of product, technology, operational, regulatory, and commercial dependencies.
Salary Range:
$115,000 - $205,000 Annual
The 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.
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