Head of Prime Services Operations, Managing Director
State Street Corporation (company site, opens in a new tab)20+ yrsMumbaiOn-siteDirect career pageEst. 60–90 LPA
Posted on 22 Sept
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Job description
Structured overview of role & requirements
About This Role
- Lead a global team of 50+ across multiple locations providing operational support for Prime Services borrowing and lending including trade lifecycle, settlement, collateral, reconciliations, and billing.
- Own end-to-end Prime Services operating platform and drive risk management, regulatory compliance, and operational resilience with focus on day-to-day execution and client service.
- Lead transformation initiatives to modernize technology, optimize processes, enhance automation, and design future operating models aligned with strategic growth and efficiency.
Minimum Requirements
- 20+ years of financial services operations experience focused on Prime Services and principal trading.
- Strong knowledge of trade lifecycle management, settlement, collateral operations, corporate actions, and vendor management in Prime Services.
- Proven experience in risk and control environment strengthening and managing regulatory and operational risks.
- Role can be based in Mumbai, Bangalore, or Hyderabad; bachelor's degree preferred; postgraduate/professional qualification advantageous.
Ideal Candidate Profile
- Experienced leader comfortable managing large global teams in complex market operations with direct accountability for global service delivery and governance.
- Strong strategic thinker with change management expertise, able to lead large-scale transformation initiatives involving technology modernization and process automation.
- Effective collaborator with demonstrated skills in stakeholder management across front office, risk, compliance, and technology partners.