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Fund Connect Digital Assets and Tokenization Product Lead, Vice President

State StreetJersey City, NJ, USA
Type
Full-time
Work setup
On-site
Experience
Lead / Head
Posted
25 days ago
$115k - $205k
midpoint below market median

What product roles in crypto pay

73 salaries · our own data
this role$158kmedian$260k

This role pays $115k-$205k, below the $197k median for product roles in crypto on this board.

As a Vice President on the Fund Connect team at State Street, you lead the development and commercialization of digital-asset capabilities, with a particular focus on tokenization of real-world assets. You combine hands-on product management experience with strong commercial judgment and a practical understanding of blockchain, tokenization, digital wallets, and tokenized investment products. You work closely with senior leaders across Product, Technology, Operations, Sales, Legal, Risk, Compliance, and other State Street businesses, as well as with asset managers, custodians, wallet providers, blockchain networks, and other external market participants.

What you'll do

  • Support the continued 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 including digital order routing, transaction processing, settlement, position reporting, and wallet connectivity.
  • Lead the definition of Fund Connect use cases involving the tokenization of real-world assets, developing institutional workflows for subscribing, redeeming, transferring, settling, and reporting tokenized fund interests.
  • Evaluate digital-native issuance models and explore opportunities to expand Fund Connect's capabilities beyond tokenized money market funds into other tokenized securities and investment products.
  • Help define the role of digital wallets, custody services, digital transfer agents, smart contracts, and public or permissioned blockchains within the Fund Connect ecosystem.
  • Engage with institutional clients to identify needs, validate use cases, and obtain feedback on proposed digital capabilities.
  • Develop business cases for new digital assets and tokenization initiatives, assessing client demand, addressable opportunities, implementation requirements, and potential commercial models.
  • Work closely with Legal, Risk, Compliance, Information Security, Privacy, and Operational Risk teams throughout the product lifecycle to support new-product approval, risk assessment, control design, and regulatory review activities.
  • Coordinate delivery across Product, Technology, Operations, Client Service, Sales, Legal, Risk, Compliance, and Finance, designing scalable operating models that integrate digital products with existing Fund Connect processes.
  • Represent Fund Connect in selected industry working groups, client events, conferences, and market forums, developing informed perspectives on tokenized funds, real-world assets, and digital-asset infrastructure.
  • Provide leadership and subject-matter expertise to cross-functional project teams, mentoring junior colleagues as the digital-asset business grows.

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 fast-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

  • Annual salary of $115,000 to $205,000 (range applies to the primary location; if you would ultimately work outside the primary location, the applicable range could differ).
  • Retirement savings plan (401K) with company match.
  • Insurance coverage including medical, dental, vision, life, long-term disability, and other optional coverages.
  • Paid time off including vacation, sick leave, short-term disability, and family care responsibilities.
  • Access to Employee Assistance Program.
  • Eligibility for annual performance-based awards and incentive compensation.
  • Access to tax-advantaged savings plans.

About State Street

State Street is a global financial institution that helps institutional investors manage risk and drive performance. The company is committed to fostering an environment where every employee feels valued and empowered, offering inclusive development opportunities, flexible work-life support, and paid volunteer days.

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