Digital Product Development Lead - Custody & Tokenization, VP

Who we are looking for

The State Street Custody Digital & Fund Services is looking for a candidate to support product development activity for digital services. The candidate will lead product development and drive the strategic direction of digital assets for State Street. The candidate will support evolving ideas into pilots and eventually develop products for clients. The candidate will work across functions and collaborate with different teams across the firm to deliver distributed ledger products being brought to market.

Why this role is important to us

You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

As Digital Product Development Lead - Custody & Tokenization you will:

• Conduct market research and develop business cases for digital asset and DLT initiatives.
• Collaborate with stakeholders and product teams to define use cases and deliver innovative digital solutions.
• Lead ideation, delivery, and management of digital products across multi-disciplinary teams.
• Champion the team’s profile internally and externally by channelling innovative ideas into products and services.
• Drive strategic thinking and competitive intelligence to advance digital asset services and ecosystem growth.

What we value

These skills will help you succeed in this role:

• 10+ years’ experience in financial services (front office, capital markets, trading, operations) with a strong track record in project management and cross-functional product delivery.
• Deep understanding of crypto, digital assets, DLT, asset servicing, and market/regulatory trends.
• Analytical, innovative, and results-driven, with excellent communication and collaboration skills.
• Passion for emerging technologies and continuous learning in the digital asset space.

Experiences We Value

We welcome applicants who bring depth in any one or more of these value streams (Candidates are not expected to demonstrate expertise across all areas; depth in any one or more of these value streams is highly regarded):

• Delivered custody for tokenized funds and digital native assets on public/permissioned chains, combining MPC/HSM key controls with atomic DvP and CSD connectivity.
• Bridged legacy custody/cash with tokenized assets, orchestrating ISO 20022/SWIFT events and reconciliation for hybrid flows.
• Delivered interoperable digital cash solutions and regulatory compliant settlement for deposit tokens, stablecoins, and CBDCs.
• Integrated third party platforms via secure APIs for straight through order to settlement and automated processing.
• Implemented enhanced KYC/KYB and transaction monitoring for digital assets, enforcing global compliance via smart contracts.
• Enabled tokenized securities/MMF units and deposit tokens as collateral with onchain pledge/release and margin workflows (FX OTC, repo, agency lending).
• Delivered secure APIs and fund admin for digital ETFs/ETPs, ensuring audit ready controls for multi jurisdiction launches.
• Structured tokenized MMFs and digital share classes, automating eKYC/KYB onboarding and subscriptions/redemptions (fiat, deposit tokens, stablecoins).

Education & Preferred Qualifications

• Strong understanding of enterprise financial technology solutions, governance processes, and large-scale business implementation.
• Proven experience developing and launching innovative digital products (blockchain, smart contracts, tokenization, wallets, cryptocurrencies) within complex organizations.
• Skilled in Agile/Scrum environments and product management tools (e.g., Jira, Confluence).
• Excellent communication, collaboration, and relationship-building abilities with internal and external stakeholders.
• Consulting experience is a plus.

About State Street

Across 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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