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About the Role

State Street is seeking a Managing Director, Product Management – Fund Accounting & Fund Administration (FAA) to lead cross‑product product management activities across the Asia Pacific region. This is a senior, client‑facing, commercially focused product leadership role with accountability for product strategy, revenue growth and profitability across fund accounting and fund administration services in APAC. The role will serve as a bridge between clients, sales, operations, and technology, ensuring FAA products are commercially competitive, operationally scalable, and aligned to State Street’s global strategy. The Managing Director will play a critical role in supporting sales, owning product P&L outcomes, and representing FAA products in senior client and prospect engagements.

Responsibilities

Own and drive the global and regional product strategy for fund accounting and fund administration across multiple service offerings.
Define and maintain clear product value propositions, target client segments, and competitive positioning.
Develop and execute multi‑year product roadmaps aligned to State Street’s FAA growth objectives.
Balance global standardization with regional customization to meet market‑specific client needs.
Lead end‑to‑end product lifecycle management, including product vision, strategy, business case development, investment prioritization, requirements definition, solution design, delivery oversight, market readiness, and ongoing performance management.
Partner with operations and technology to ensure products are operationally executable, scalable, and resilient.
Drive product simplification, standardization, and rationalization initiatives to improve efficiency and client outcomes.
Establish and monitor product KPIs, client adoption metrics, and service performance indicators.
Own commercial performance of FAA products, including revenue growth, margin performance, and cost efficiency.
Partner with finance and business leadership on pricing strategies, cost models, and profitability analysis.
Support investment decisions by clearly articulating return on investment and strategic value.
Act as a senior steward of the FAA product portfolio’s financial outcomes.
Serve as a senior product representative in client and prospect engagements, including strategic client discussions, RFP and proposal support, and solution design and structuring.
Partner closely with sales and relationship management teams to enable effective product positioning, differentiation, support deal structuring, and commercial negotiations.
Translate client needs into product enhancements and roadmap priorities.
Represent FAA products at senior client forums, industry events, and internal governance bodies.
Act as a key product leader within a global, matrixed organization.
Collaborate closely with global FAA leadership, APAC Product Leads, operations, technology, risk, legal, and compliance teams.
Provide product leadership input into governance forums, strategic initiatives, and regulatory discussions.
Ensure FAA products are designed and delivered in alignment with regulatory, risk, and control frameworks.
Partner with legal, compliance, and risk teams to proactively manage regulatory change impacting fund accounting and administration.
Ensure product documentation, client disclosures, and operating models meet regulatory and audit expectations.

Requirements

15+ years of experience in financial services, with significant experience in fund accounting operations and/or fund administration operations.
Experience and knowledge of fund accounting and fund administration requirements in the Asia Pacific markets.
Product management roles supporting fund accounting and administration services.
Demonstrated experience operating at a senior leadership or executive (Managing Director) level.
Proven experience owning or influencing commercial outcomes, including revenue and profitability.
Strong background in client‑facing roles, supporting sales, solution design, and senior client engagement.
Deep understanding of core product management disciplines, including product strategy and portfolio management, roadmap development and prioritization, cross‑functional delivery and execution, lifecycle management and performance tracking.
Ability to operate effectively in a global, matrixed organization.

Skills

Executive-level product leadership
Strategic thinking
Strong commercial acumen with P&L orientation
Deep functional knowledge of fund accounting and fund administration
Client-facing presence with the ability to engage credibly at senior executive levels
Ability to translate client needs into scalable product solutions
Strong influencing and stakeholder management skills across global teams
Clear, concise communication and decision‑making at executive level

Location

Asia Pacific

Work Type

Full-time

Experience Level

Managing Director
15+ years

Education Level

Bachelor’s degree in Accounting required (advanced degree preferred)

Benefits

Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Vibrant employee networks

About the Company

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.

Equal Opportunity

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.