Head of Product, Custody

Company Overview

Not specified.

Job Summary

The Head of Product, Custody is responsible for leading the product strategy, innovation, and platform enhancements within the custody business. This role aims to develop new product offerings, optimize asset pricing and billing models, ensure operational efficiency, and align with evolving market and regulatory requirements. The position plays a critical role in strengthening client offerings, maintaining market competitiveness, and ensuring compliance.

Responsibilities

• Develop and enhance custody products to strengthen client offerings and improve market positioning.
• Identify opportunities for new solutions, digital enablement, and platform improvements to drive innovation.
• Lead initiatives to improve asset pricing and billing capabilities, collaborating with billing teams to resolve revenue leakage and ensure accurate, timely billing.
• Drive automation and process efficiency across pricing and billing functions.
• Assess the impact of market-driven changes on custody products and processes, ensuring timely adaptation.
• Engage with industry forums and regulatory bodies to stay ahead of regulatory and market developments.
• Ensure custody products comply with all applicable regulations and standards.
• Collaborate with cross-functional teams including billing, operations, technology, risk, and compliance to deliver product initiatives.
• Engage with clients and partners to gather feedback and align products with market needs.
• Lead and manage market advocacy initiatives in collaboration with other department heads and the Custody Business Head.
• Manage RFPs and client questionnaires related to market impact and act as liaison with regulators and capital market intermediaries.

Qualifications

• Experience: 12–18 years in custody, asset servicing, or related financial services.
• Proven track record in product management, billing, or pricing roles within custody or securities services.
• Strong understanding of global custody operations, market infrastructure, and regulatory environment.
• Educational qualifications: MBA, CA, CFA, or equivalent preferred.
• Technical Skills: Knowledge of custody product development, asset pricing, billing systems, and digital platform enhancements.
• Regulatory Knowledge: Familiarity with market regulations and compliance standards.
• Leadership Skills: Ability to lead cross-functional teams and manage stakeholder relationships.
• Analytical Skills: Strong problem-solving and strategic thinking capabilities.

Preferred Skills

• Experience in digital transformation initiatives within custody or securities services.
• Strong communication and stakeholder management skills.
• Ability to navigate complex regulatory environments.
• Experience in market advocacy and client engagement.
• Familiarity with automation tools and process improvement methodologies.

Experience

• 12 to 18 years of relevant experience in custody, asset servicing, or related financial services roles.
• Demonstrated success in product management, pricing, or billing within the custody or securities domain.

Environment

• The role is based in Mumbai.
• The work environment involves collaboration across multiple departments including technology, operations, compliance, and client engagement.
• The position may require engagement with industry forums, regulatory bodies, and clients, with a focus on strategic and operational excellence.

Salary

Not specified.

GrowthOpportunities

Not specified.

Benefits

Not specified.