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Custody Product Development Manager/Lead – Asset Servicing , Managing Director

State StreetBengaluru, Karnataka, IndiaPosted 21 May 2026

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

Quality 75/1005/5 clarityTier 2 company

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.

View all salaries

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

agilewaterfalldata management

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