Managing Director - Chief Product Office (IS)
State Street · Mumbai Metropolitan Region
- On site
- Full-time
- $250,000 / year
- Mumbai Metropolitan Region
Job highlights
- Lead product strategy and development for Investment Services.
- Drive product advocacy, content, and regulatory intelligence.
- Manage and develop high-performing teams in India.
- Oversee process re-engineering and project management.
- Requires 18+ years of experience, including 10+ in product.
About the role
Managing Director - Chief Product Office (IS) India
State Street is seeking a dynamic and experienced Managing Director to lead our Chief Product Office (IS) India operations. This pivotal role is responsible for leading, managing, and developing teams focused on Product Strategy, Product Advocacy, Product Content Strategy & Warehousing, Regulatory Intelligence, and Product Governance, including Project Management. The position reports directly to the Chief-of-Staff of the Global Chief Product Office (CPO) within Investment Services (IS), with functional accountability to the India Head of Investment Services Product and Commercial Office & GCF.
The IS CPO is a specialized group dedicated to the management, development, and commercialization of products and solutions for Investment Services. This role will provide local leadership oversight for all functions within India aligned to the IS Product Office.
Location
The role will be based in Hyderabad or Mumbai.
Product Strategy
- Lead structured market analysis to identify structural trends, demand shifts, and emerging opportunities, informing strategic product decisions across segments, geographies, and asset classes.
- Lead product-focused competitive intelligence to assess peer offerings, capabilities, and gap assessments, translating insights into clear implications for product strategy and positioning.
- Embed competitive assessments into product roadmaps, investment decisions, and client messaging, ensuring the firm maintains differentiation and anticipates competitor moves.
- Lead and support the development of product business cases underpinned by rigorous, scenario-based financial modeling.
- Partner with Finance, Commercial Office, Product, and Regional leadership to deliver actionable recommendations and investment insights.
Product Advocacy
- Translate market, regulatory, and client insights into clear product-led advocacy positions that influence client dialogue, industry forums, and regulatory engagement.
- Align advocacy priorities with commercial strategy, product roadmaps, and go-to-market objectives, ensuring external positions reinforce business outcomes.
- Establish execution governance to coordinate advocacy efforts across product areas and solution sets by tracking progress, impact, and outcomes of advocacy initiatives, ensuring the right feedback to inform product development teams for strategic prioritization.
- Oversee the production of strategic, product-led research and regulatory insights covering core asset-servicing domains (e.g., custody, fund administration, investor services, market infrastructure), translating market and policy developments into clear product positioning and client-relevant outcomes.
- Grow and oversee execution of structured client engagement mechanisms, including Office Hours and monthly client newsletter, Product Bulletin, to communicate product-aligned thought leadership and insights.
- Oversee development of product roadmaps, consolidated Product Office roadmap and key client positioning materials outlining client benefits and outcomes.
- Define success metrics for product advocacy, tracking client engagement, influence, and commercial impact to continuously refine messaging and priorities.
- Ensure consistent product narratives and positioning across thought leadership, client materials, roadmaps, and advocacy channels.
Product Content Strategy & Warehousing
- Drive strategy and execution for a single, enterprise platform that houses product demos, product strategy and roadmaps, client solutioning assets, and thought leadership assets including research-based collaterals and Office Hours. Ensure the platform supports multiple use cases: client engagement, sales enablement, executive briefings, and regulatory dialogue.
- Design the operating model governing content creation, curation, version control, access rights, and lifecycle management.
- Establish standardized ways of working across the team to drive consistency, efficiency, and scalable delivery.
- Partner across Product, Commercial Office, Global Delivery, Technology, Legal, and Compliance to automate repeatable activities and embed re-engineered processes into sustainable operating models.
Regulatory Intelligence
- Define, standardize, and publish a model for regulatory horizon scanning that improves consistency, efficiency, and cost discipline across regions and product areas including a feedback loop.
- Assess vendor capabilities with regards to use cases across the CPO in coordination with Enterprise Compliance, Public Policy and Legal to eliminate duplication, streamline workflows, and reduce overall cost of regulatory intelligence production.
- Establish clear ownership, escalation paths, and decision rights to ensure timely, actionable regulatory insight at scale.
- Partner across Product, Commercial Office, Global Delivery, Technology, Legal, and Compliance to automate repeatable activities and embed re-engineered processes into sustainable operating models.
Process Re-engineering and Project Management
- Lead Product Office led process re-engineering initiatives to simplify, standardize, and streamline workflows. Identify inefficiencies, duplication, and manual handoffs; redesign processes to improve speed, scalability, and cost efficiency while maintaining quality and control.
- Oversee governance and execution of executive forums for different initiatives for the Product Office with clear agendas, decision frameworks, and follow-through, ensuring alignment, transparency, and accountability on product strategy, investments, and key initiatives.
- Oversee governance and execution for new business and product approvals, ensuring timely decision-making, risk alignment, and effective coordination across Product Office, Risk, Legal, Compliance, and Operations.
- Ensure all client-facing materials adhere to regulatory, legal, and reputational standards.
- Establish clear governance for approvals, escalation, and content retirement.
Team and Stakeholder Management
- Lead effectively in a global, matrixed environment, influencing across different business units and representing the team’s work and priorities at senior forums and executive committees.
- Lead a high-performing, multidisciplinary team of SMEs with responsibility for their overall development.
- Attract, retain, develop, and mentor senior talent capable of operating with autonomy, judgment, and executive-level credibility.
- Ensure the team partners seamlessly with adjacent functions, avoiding duplication and clarifying ownership boundaries.
Candidate Qualifications
- A seasoned leader with extensive product experience and the demonstrated capacity for proactive strategic leadership.
- A strategic thinker capable of developing an effective vision to facilitate the product organization’s growth objectives.
- Possesses financial acumen, global perspective, insightful judgment, and appropriate risk appetite.
- Excellent interpersonal, leadership, management, and teamwork skills.
- Demonstrated skills in problem assessment and resolution, as well as collaborative problem-solving in a complex setting.
- Excellent communication skills within the organization and with clients.
- Deep understanding of the competitive landscape and client needs by segment.
- High quality and proven experience in strategic planning and product management supporting revenue generation.
- Understands State Street's business and client base, and is aware of global technology trends.
- Ability to think strategically, managing complexity, change, and multiple priorities.
- Over 18 years of total work experience and 10+ years of relevant business/product experience.
- Bachelor’s degree required; MBA or advanced degree preferred.
- Advanced proficiency in Microsoft Excel and PowerPoint.
About State Street
State Street is one of the largest custodian banks, asset managers, and asset intelligence companies globally. We are making our mark on the financial services industry through technology and product innovation. For over two centuries, we've helped clients safeguard and steward investments for millions worldwide. We offer investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.
We strive to create a great work environment with competitive and comprehensive benefits packages that vary by location, including generous medical care, insurance, and savings plans. Our flexible Work Program and wealth of development programs and educational support help employees reach their full potential.
Inclusion, Diversity, and Social Responsibility are core values. We believe diverse backgrounds, experiences, and perspectives contribute to an inclusive environment where everyone can thrive. We welcome candidates from diverse origins and backgrounds. We are actively engaged with our communities worldwide and offer tools to help balance professional and personal life, including paid volunteer days, a matching gift program, and access to employee networks. State Street is an equal opportunity and affirmative action employer.
Key skills/competency
- Product Strategy
- Product Management
- Strategic Leadership
- Team Leadership
- Stakeholder Management
- Process Improvement
- Financial Services
- Regulatory Intelligence
- Market Analysis
- Client Engagement
Skills & topics
- Managing Director
- Chief Product Officer
- Product Strategy
- Product Management
- Investment Services
- Financial Services
- Leadership
- Team Management
- Regulatory Intelligence
- Product Advocacy
- State Street
- Hyderabad
- Mumbai
- Senior Leadership
- Product Development
- Commercialization
- Market Analysis
- Process Re-engineering
- Project Management
- Excel
- PowerPoint
How to get hired
- Tailor your resume: Highlight your 18+ years of experience, specifically 10+ in product strategy and management within financial services, emphasizing leadership and commercial impact.
- Showcase leadership: Clearly demonstrate your ability to lead global, matrixed teams and manage complex product initiatives in your application and during interviews.
- Quantify achievements: Use specific metrics and examples to illustrate your success in driving revenue, market analysis, and process improvements for product development.
- Prepare for case studies: Be ready to discuss strategic product decisions, competitive analysis, and how you would address complex market challenges in a financial services context.
- Research State Street: Understand their global presence, client base, and commitment to innovation and diversity to align your answers with their values and goals.
Technical preparation
Master advanced Excel and PowerPoint for financial modeling.,Prepare financial business cases and scenario analysis.,Familiarize with asset servicing domains (custody, fund administration).,Review State Street's product offerings and client base.
Behavioral questions
Describe leading global, matrixed product teams.,How do you develop a product vision?,Share an example of complex problem-solving.,How do you influence senior stakeholders?
Frequently asked questions
- What are the key responsibilities for the Managing Director Chief Product Officer IS India role at State Street?
- The Managing Director will lead teams focused on Product Strategy, Product Advocacy, Product Content Strategy & Warehousing, Regulatory Intelligence, and Product Governance. This includes driving strategic initiatives, managing high-performing teams, and ensuring alignment with State Street's global product objectives within Investment Services (IS).
- What is the required experience for the Managing Director Chief Product Officer IS India position?
- Candidates need over 18 years of total work experience, with at least 10 years in relevant business/product experience. A Bachelor's degree is required, and an MBA or advanced degree is preferred. Demonstrated experience in strategic planning and product management is crucial.
- Where is the Managing Director Chief Product Officer IS India role located?
- This role is based in either Hyderabad or Mumbai, India.
- What kind of strategic leadership is expected from the Managing Director Chief Product Officer IS India?
- The ideal candidate will be a seasoned leader with a demonstrated capacity for proactive strategic leadership, capable of developing a clear vision for product organization growth, possessing strong financial acumen, a global perspective, and sound judgment.
- How does State Street support employee growth and development for this Managing Director role?
- State Street offers a wealth of development programs and educational support. They also provide access to flexible work programs and competitive benefits to help employees reach their full potential and balance professional and personal lives.
- What is the reporting structure for the Managing Director Chief Product Officer IS India?
- The role reports directly to the Chief-of-Staff of the Global Chief Product Office (CPO) within Investment Services (IS), while also being functionally accountable to the India Head of Investment Services Product and Commercial Office & GCF.
- What are the primary functions of the Investment Services Chief Product Office (IS CPO) at State Street?
- The IS CPO is responsible for the management, development, and commercialization of products and solutions tailored for Investment Services. The Managing Director will oversee the local leadership of all functions within India that align with the IS Product Office.