Custody Product Development Manager/Lead – Asset Servicing , Managing Director
State Street is seeking a Managing Director to lead Custody Product Development for Asset Servicing. This role involves designing and executing the product roadmap, managing business analysis capabilities, and driving digital transformation across corporate actions and tax services. You will partner with technology, operations, and product teams to enhance client value and operational standards globally. The position requires deep expertise in securities services and a proven ability to lead change in complex environments.
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Experience
10+ years
Function
Product Management
Work mode
Onsite, India
Company
Tier 2
What you will work on
State Street is seeking a Managing Director to lead Custody Product Development for Asset Servicing. This role involves designing and executing the product roadmap, managing business analysis capabilities, and driving digital transformation across corporate actions and tax services. You will partner with technology, operations, and product teams to enhance client value and operational standards globally. The position requires deep expertise in securities services and a proven ability to lead change in complex environments.
TAL's take
A senior leadership role at a major global financial institution with clear strategic impact and cross-functional oversight.
The JD provides a highly detailed scope, specific product focus (asset servicing), and clearly defined stakeholder and leadership responsibilities.
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
- 10+ years experience in Securities Services
- Asset Servicing product and operational background
- 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
About the company
State Street is a large, established global financial services institution, but lacks the specific 'tech-first' engineering branding of Tier-1 tech giants.
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