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State Street

Holds assets for institutions and runs index funds

Client Transformation Executive - Managing Director

Program ManagementConfirmed live in the last 24 hours
Full-timeBoston, MA, USA

About the Job

Requirements

  • A bachelor's degree in business, finance, economics, technology, operations, or a related discipline is required.
  • At least 15 years of progressive leadership in financial services, asset servicing, fintech, transaction banking, investment operations, or a related industry is required.
  • Significant leadership of global implementation, transformation, operating model, or strategic delivery organizations is required.
  • Demonstrated success managing executive client relationships and complex transformation programs is required.
  • Deep expertise in transaction management, middle-office or investment operations, post-trade processing, or asset servicing platforms is required.
  • The role requires the ability to travel globally as business needs require.
  • The role requires the ability to lead through complexity, ambiguity, and organizational change.
  • The role requires demonstrated success influencing executive stakeholders and driving enterprise-wide outcomes.
  • The role requires a strong commitment to client success, innovation, operational excellence, and risk management.

Responsibilities

  • Define the global product re-platforming, implementation, and transformation strategy; align priorities with enterprise growth; establish implementation management as a strategic capability; and advise client and State Street executives on complex transformation decisions.
  • Lead multi-year platform migration and service model redesign, middle-office and data modernization; define scalable future-state operating models; accelerate strategic product adoption; shift from bespoke solutions toward standardized assets and services where appropriate; and ensure client adoption and benefit realization.
  • Establish executive governance and lead steering committees; oversee portfolio investment, resources, risks, dependencies, and outcomes; provide transparent executive reporting and escalation; and reinforce accountability and delivery discipline.
  • Improve processing efficiency, data quality, exception management, controls, and client transparency; simplify workflows with Product, Operations, and Technology; and advance automation, straight-through processing, platform convergence, and speed-to-market.
  • Lead and develop a global organization; build a high-performance, client-focused culture; strengthen leadership, succession, and professional growth; and lead through influence across a complex matrix.
  • Ensure compliance with regulatory, audit, information security, and operational resilience requirements; strengthen governance, testing, readiness, and change controls; and proactively identify and mitigate implementation and operational risk.
  • Modernize implementation methods, tools, and operating models; embed Product Development Lifecycle practices; partner with Technology and Architecture on automation, AI-enabled delivery, workflow optimization, and data-driven insights; and build reusable frameworks for future growth.

Desired Qualifications

  • An advanced degree such as an MBA, MS, or equivalent is preferred.
  • Experience delivering strategic operating model transformation for large institutional clients is preferred.
  • Knowledge of middle-office and data platforms and digital transformation strategies is preferred.
  • Experience leading modernization, platform migration, and product adoption is preferred.
  • A proven record of organizational transformation and enterprise change management is 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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