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State Street

Holds assets for institutions and runs index funds

Global Head of AI - MD

Corporate StrategyUpdated on Nov 11
Full-timeBurlington, MA, USA$170k - $282.5k /yrIn-person

About the Job

Requirements

  • At least 12 years of leadership experience in strategy, transformation, innovation, technology, or AI-related leadership roles.
  • A proven track record developing and scaling enterprise-wide strategic initiatives.
  • Deep understanding of artificial intelligence and machine learning technologies, enterprise AI operating models, and emerging industry trends.
  • Experience leading cross-functional governance and executive steering committees.
  • Ability to influence senior stakeholders across business and technology organizations with strong executive presence.
  • Experience managing external vendors and strategic technology partnerships.
  • Strong commercial and operational acumen, with demonstrated ability to connect technology investments to business outcomes.
  • Strategic thinking and strong execution discipline.
  • Ability to collaborate and influence across organizational boundaries.

Responsibilities

  • Define and execute the business-wide AI vision, roadmap, and strategic priorities aligned with broader enterprise objectives.
  • Identify and prioritize AI opportunities that deliver measurable outcomes in cost reduction and operational efficiency, client experience, employee productivity and experience, and revenue growth and innovation.
  • Advise senior leadership on AI market trends, emerging technologies, risks, and strategic opportunities.
  • Coordinate across business lines to track, assess, and govern AI initiatives.
  • Build and maintain a comprehensive portfolio view of AI use cases, pilots, and implementations.
  • Lead AI governance forums and executive steering committees, ensuring transparency, accountability, and disciplined decision-making.
  • Establish key performance indicator frameworks to measure initiative success, business value realization, adoption, and scalability.
  • Oversee employee-facing AI innovation programs that encourage idea generation and use-case submissions.
  • Create processes for evaluating, prioritizing, and advancing employee-driven AI opportunities.
  • Foster a culture of experimentation, responsible innovation, and continuous AI learning across the organization.
  • Partner with research and development, data science, and engineering teams to monitor delivery progress across AI initiatives, track productivity and efficiency gains, assess adoption metrics and business impact, and ensure solutions align with strategic objectives.
  • Translate business priorities into actionable development direction.
  • Act as the primary liaison between the business and State Street’s broader enterprise AI leadership.
  • Ensure business AI efforts align with enterprise strategy, standards, governance, and investment priorities.
  • Elevate business needs, opportunities, and outcomes to enterprise leadership to drive visibility and sponsorship.
  • Oversee relationships with third-party AI vendors, technology providers, and strategic external partners.
  • Evaluate external AI solutions and partnership opportunities to accelerate capability development and business outcomes.
  • Ensure vendor engagements align with business strategy, security standards, regulatory expectations, and enterprise architecture principles.
  • Partner with procurement, legal, risk, and technology teams to govern vendor performance, contracts, and value realization.

Desired Qualifications

  • Experience within large-scale regulated financial services or similarly complex enterprise environments is strongly preferred.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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