Fund Connect Digital Assets and Tokenization Product Lead, Vice President

As a Vice President leading Fund Connect's Digital Assets and Tokenization Product at State Street, you will shape the development and commercialization of digital-asset capabilities with a focus on tokenization of real-world assets. You'll work across Product, Technology, Operations, Sales, Legal, Risk, Compliance, and other State Street businesses, while engaging with asset managers, custodians, blockchain networks, fintech firms, and other institutional market participants. This role is ideal for an experienced product, strategy, or digital-transformation professional with a strong understanding of institutional financial services, asset servicing, and emerging digital technologies.

What you'll do

• Support the development and execution of Fund Connect's digital-asset and tokenization strategy, translating it into a prioritized product roadmap, delivery plan, and measurable business outcomes.
• 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.
• Lead day-to-day product activities for Fund Connect's digital-asset capabilities from concept through implementation and commercialization.
• 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.
• Develop solutions that allow clients to access traditional and tokenized investments through an integrated Fund Connect experience.
• 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.
• Coordinate product testing, operational readiness, implementation, and post-launch reviews.
• 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.
• Lead the definition of Fund Connect use cases involving the tokenization of real-world assets.
• Develop institutional workflows for subscribing to, redeeming, transferring, settling, and reporting tokenized fund interests.
• Evaluate digital-native issuance models and digital-twin models representing existing financial assets.
• Explore opportunities to expand Fund Connect's capabilities beyond tokenized money market funds into other appropriate tokenized securities and investment products.
• Assess how tokenized assets may support corporate treasury, investment, liquidity, and collateral-management use cases.
• Partner with internal teams to evaluate the use of tokenized deposits, stablecoins, or other approved forms of digital cash for settlement.
• 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.
• Engage with institutional clients to identify needs, validate use cases, and obtain feedback on proposed digital capabilities.
• Partner with Sales, Relationship Management, and senior product leaders during client discussions and product demonstrations.
• Prepare client-ready materials, product presentations, workflow diagrams, and strategic proposals.
• Lead discovery sessions with asset managers, treasury organizations, white-label clients, and other institutional market participants.
• Provide clear product updates and recommendations to senior management and governance forums.
• Develop business cases for new digital assets and tokenization initiatives.
• Assess client demand, addressable opportunities, implementation requirements, and potential commercial models.
• Support pricing, financial analysis, revenue planning, and go-to-market activity.
• Evaluate build, buy, or partner options for required digital capabilities.
• Conduct due diligence on external technology providers, custody providers, wallet providers, blockchain networks, and other strategic partners.
• Partner with Sales and Relationship Management to identify pilot clients and commercialization opportunities.
• Define product adoption measures and track progress against agreed business objectives.
• Support development of the long-term operating and support model for Fund Connect's digital products.
• Work closely with Legal, Risk, Compliance, Information Security, Privacy, and Operational Risk teams throughout the product lifecycle.
• Support new-product approval, risk assessment, control design, and regulatory review activities.
• 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.
• Monitor relevant regulatory developments and assess their potential impact on product design and delivery.
• Support the development of policies, procedures, and governance materials for digital-asset products.
• Escalate material risks, dependencies, and delivery issues to appropriate stakeholders.
• Coordinate delivery across Product, Technology, Operations, Client Service, Sales, Legal, Risk, Compliance, and Finance.
• Design scalable operating models that integrate digital products with existing Fund Connect processes and infrastructure.
• Identify operational dependencies and help define responsibilities across internal teams and external service providers.
• Develop implementation plans, readiness criteria, support procedures, and escalation paths.
• Manage interdependent initiatives involving multiple businesses, technology platforms, and market participants.
• Drive resolution of complex product, process, and implementation issues.
• Maintain clear communication regarding status, decisions, risks, dependencies, and required actions.
• 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.
• Contribute to external-facing presentations, articles, white papers, and educational materials.
• Help position Fund Connect and State Street as leaders in institutional digital-asset innovation.
• Build relationships with relevant industry organizations, infrastructure providers, asset managers, technology companies, and market participants.
• Share market intelligence and emerging practices with internal stakeholders.
• Work collaboratively with colleagues across regions to promote global consistency while addressing local market and regulatory requirements.
• Provide leadership and subject-matter expertise to cross-functional project teams.
• Mentor and guide junior colleagues as the digital-asset business grows.
• Encourage disciplined product management, effective documentation, and constructive challenge.
• Foster an inclusive, collaborative, and execution-focused working environment.

What you bring

• Strong product-management, product-development, or strategy experience within institutional financial services.
• 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.
• Strong commercial awareness and experience preparing business cases, product strategies, and go-to-market plans.
• Experience delivering complex change initiatives involving multiple business and technology stakeholders.
• Strong communication, presentation, negotiation, and stakeholder-management capabilities.
• Ability to explain technical subjects to nontechnical audiences.
• High degree of personal ownership, sound judgment, and attention to detail.
• Ability to operate effectively in a moving and sometimes ambiguous environment.
• Ability to work autonomously while collaborating across functions, businesses, and regions.
• Intellectual curiosity and a willingness to challenge established approaches constructively.
• Commitment to effective risk management and the delivery of controlled, sustainable solutions.

Nice to have

• 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.
• Working knowledge of public and permissioned blockchain networks.
• 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.
• Experience assessing external vendors, fintech firms, or strategic technology partners.
• Bachelor's degree or equivalent experience in Finance, Economics, Business, Technology, Computer Science, or a related discipline.
• Relevant postgraduate or professional qualifications.

What we offer

• Salary range of $115,000 to $205,000 annually (applicable to the primary location; ranges may differ for other locations).
• Retirement savings plan with company match.
• Insurance coverage including life, medical, dental, vision, long-term disability, and optional additional coverages.
• Paid time off including vacation, sick leave, short-term disability, and family care responsibilities.
• Access to an Employee Assistance Program.
• Incentive compensation including eligibility for annual performance-based awards.
• Eligibility for tax-advantaged savings plans.
• Inclusive development opportunities and flexible work-life support.
• Paid volunteer days.
• Vibrant employee networks.

About State Street

State Street is a global financial services company that helps institutional investors manage risk and drive performance. The company serves as an essential partner in delivering secure, scalable solutions for asset servicing, custody, and market infrastructure worldwide.