Custody Product Development - Income - AVP
State Street is seeking an AVP to lead custody product development initiatives, focusing on asset servicing practices including Corporate Actions, Income, and Tax. The role involves driving product roadmap delivery, collaborating with cross-functional teams, and managing complex business change. Candidates must have deep experience in securities services and a strong understanding of custody operational models. The position balances product design and business analysis to support global custody product strategy.
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Experience
5+ years
Function
Product Management
Work mode
Onsite, India
Company
Tier 2
What you will work on
State Street is seeking an AVP to lead custody product development initiatives, focusing on asset servicing practices including Corporate Actions, Income, and Tax. The role involves driving product roadmap delivery, collaborating with cross-functional teams, and managing complex business change. Candidates must have deep experience in securities services and a strong understanding of custody operational models. The position balances product design and business analysis to support global custody product strategy.
TAL's take
Established global institution with clearly defined product management responsibilities in a specialized financial domain.
Well-defined product role focused on asset servicing, though tech stack is less central than business expertise.
Salaries at State Street
17.6 LPA average
Based on 34 Grapevine salary entries for State Street.
Accounting
0 - 2 years | Associate 2
3 LPA average
Range: 3 - 3 LPA
Operations
0 - 2 years | Associate 2
3 LPA average
Range: 3 - 3 LPA
Engineering
0 - 2 years | Associate 2
11 LPA average
Range: 11 - 11 LPA
Other roles
0 - 2 years | Associate 2
8 LPA average
Range: 3 - 18 LPA
Must haves
- 5+ years of experience in Securities Services
- Background in Custody and operational processes
- Subject matter knowledge in Corporate Actions, Income, Tax and Corporate Governance
- Experience delivering change in complex environments using Agile and Waterfall
- Strong stakeholder management skills
Tools and skills
Nice to have: agile development.
About the company
Global financial services firm with a large established presence in India, though not a pure-play tech company.
Posts mentioning State Street
Sad state of life
A person I just talked to today, shifted from one company to another a few months back because the former company was laying off. Got saved from layoff from former company but got laid off in the current company.
State of Tech and AI in recruitment
AI helps jobseekers makes resume basis the job that it has only has created, and then screens it for fitment 🤦‍♂️ Level 999999 Unlocked ... This is the "ultimate" dog-fooding Meanwhile, you will also see more tech and AI in recruitment for - Talent discovery, Talent engagement, Talent management, Talent blah blah blah But you got to think.. if response and closure and experience are still issues, maybe it's time to realise 1/ Recruiters aren't the problem. Hiring managers are. And you have been barking up the wrong tree the whole time 2/ Planets aren’t aligned with Recruiters in general Maybe it’s time to offer the AI and Tech thingy to the Hiring Managers .. start with some AI-generated motivational posters.
Senior AI Engineer at State Street Hyderabad
Can someone tell me the pay, interview process, WLB etc about the position and company