Fund Accounting and Administration Product Development lead - Core Accounting, Vice President

Location: Bengaluru

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Product Development Lead - Fund Accounting and Administration, Vice President

Role Description
The Investment Services Product organization is recruiting for an experienced individual to serve as a  Vice President, Product Development Lead  within the  Fund Accounting and Administration (FAA)  product organization.
Reporting to  Managing Director, Fund Accounting and Administration (FAA) , this role partners closely with FAA Product Leads, Operations, and Technology teams to  translate strategic priorities into clearly defined product initiatives and deliver measurable outcomes aligned to the FAA roadmap .
The Vice President is accountable for the  successful execution of assigned initiatives , ensuring clarity of scope, disciplined delivery, and alignment with broader product and business objectives. The role contributes directly to the ongoing evolution of State Street's global fund accounting and fund administration capabilities through strong analytical judgment, hands‑on execution leadership, and effective stakeholder engagement.
The role operates in a global context, supporting product development and delivery across multiple platforms, asset classes, and jurisdictions, and requires close collaboration across time zones.
Function
The Vice President supports Fund Services Product Development leadership by  driving execution across defined FAA initiatives and capability enhancements . Working in close partnership with business, operations, and technology stakeholders, the role ensures that product requirements are clearly articulated, delivery plans are practical, and outcomes meet client, operational, and regulatory expectations.
This position serves as a  senior individual contributor and workstream lead , owning delivery for specific initiatives or components of larger programs under the direction of senior product leadership.

Key Responsibilities
Own delivery of  assigned product initiatives or work streams  within Fund Accounting and Administration

Partner with Product, Operations, and Technology teams to  define requirements, success criteria, and delivery plans

Drive day‑to‑day execution, ensuring initiatives progress  on time, within scope, and with appropriate risk management

Contribute to analysis of product‑related change, including  client impact, operational implications, and commercial considerations

Support development and maintenance of  product roadmaps, epics, and backlogs  aligned to strategic priorities

Apply professional judgment to  identify dependencies, tradeoffs, and delivery risks , escalating issues as appropriate

Contribute to discussions on  FAA operating models and technology architecture , with a focus on simplification, standardization, and scalability

Support evaluation of  build versus buy  decisions and opportunities to rationalize existing technology platforms

Partner with stakeholders across service disciplines to  enable consistency and integration of product capabilities

Provide  guidance and direction to delivery teams/product resources  to support effective execution and capability development

Maintain awareness of  regulatory requirements and local market considerations  impacting assigned initiatives

Skills
Strong knowledge of  fund accounting , including accounting standards (IFRS, US GAAP), NAV construction, general ledger processing, and complex asset classes (e.g., derivatives, loans)

Working knowledge of  fund administration functions  downstream from accounting records, including financial and regulatory reporting, tax administration, and investment compliance

Proven ability to  manage complex deliverables across multiple initiatives  and competing priorities

Ability to apply  business, operational, and system knowledge  to inform product and delivery decisions

Strong communication skills, with the ability to  articulate recommendations and influence stakeholders  at multiple levels

Experience contributing to high‑quality  product, requirements, and solution documentation

Solid…