Fund Accounting & Fund Administration (FAA), Product Management APAC - Managing Director

Who we are looking for

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.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As FAA Product Management, Managing Director, you will

Product Strategy & Portfolio Leadership

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

Core Product Management Functions

Lead end‑to‑end product lifecycle management, including:

Product vision and strategy

Business case development and investment prioritization

Requirements definition and solution design

Delivery oversight and market readiness

Ongoing performance management and optimization

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

Commercial Ownership & P&L Management

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

Sales Enablement & Client‑Facing Leadership

Serve as a senior product representative in client and prospect engagements, including:

Strategic client discussions

RFP and proposal support

Solution design and structuring

Partner closely with sales and relationship management teams to:

Enable effective product positioning and 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

Stakeholder & Governance Leadership

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

Risk, Controls & Regulatory Alignment

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

What we value

These skills will help you succeed in this role

Executive‑level product leadership and 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

Education & Preferred Qualifications

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

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

Why This Role

This role offers the opportunity to:

Shape the future of fund accounting and administration products at a global scale

Influence commercial growth and profitability across a core State Street franchise

Operate as a senior product leader at the intersection of clients, sales, operations, and technology

Represent State Street’s FAA capabilities with senior clients across the Asia Pacific markets and globally

About State Street

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.

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