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APAC Custody Product Manager, Vice President

5 months ago

Hong Kong, Hong Kong SAR China State Street Full time

State Street’s Global Product organisation is leading an exciting period of transformation for the business and is recruiting for an APAC Custody Product Manager to join the team and help take the business forward.

Function

As a Custody Product Manager, you are responsible for the Global Custody and Direct Custody Products in region working with all client segments including Asset Owners, Asset Managers, Insurance, and Official Institutions. You will maintain and evolve the product definition, engage with clients, and lead client solutioning and product enhancement efforts. You will contribute to the execution of the Custody strategy, and commercial growth and business development efforts. The role requires deep domain expertise of Global Custody with a focus on the APAC region, and collaboration with internal stakeholders across Global Delivery, Sales, Client Management and Technology. The role reports to the Head of APAC Custody Product Management.

The Custody Product Manager will have responsibility for:

Working closely with the Head of APAC Custody Product Management to develop and execute the custody product strategy including ongoing priorities and annual investment decisions. Documenting the product definition and standards for Global Custody products and identifying areas of improvement in the core products: working with the Global Delivery teams to manage operating costs, drive process improvements and improve cost to serve. Provide domain expertise in the day to day running of the business. Partner with the Chief Commercial Officer organisation (sales) to drive revenue through direct client engagement, pitches and providing commercial propositions for new custody deals and rebids. Participate in industry groups across the region to drive market leadership and change.

Skills

Subject matter expertise of the Custody family of products; Global Custody, Direct Custody and associated FX and Cash products. Track record of engagement with complex clients, solutioning operating models and translating requirements into feature function capability for State Street platforms. Strong team player who is comfortable working across complex organisations and collaborating with partners. Working knowledge of technology, market infrastructures and industry partners that support the global custody chain. Effective understanding of operational processes across all aspects of Global Custody Ability to effectively communicate at all levels within an organization. Excellent client management skills and the ability to engage at all levels. Ability to execute on product deliverables and strategic vision.

Experience

10+ years’ experience in Securities Services/ Global Custody. Prior experience working in Operations and/or technology. Prior experience of successfully performing product manager, product development or operation leadership roles beneficial

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers