State Street’s Wealth Custody & Clearing (WC&C) division is seeking a Managing Director, Strategic Implementation to serve as a senior execution leader accountable for delivering and governing the division’s highest-priority strategic initiatives. This role is responsible for building transparency, discipline, and predictable delivery across growth, transformation, regulatory commitments, and operational resilience.
You will establish and lead a best-in-class program and portfolio management capability—acting as an execution “control tower” for WC&C—so senior leaders can make informed decisions, manage trade-offs, and deliver against business, client, and regulatory outcomes. You will partner across business, technology, operations, risk, compliance, legal, and finance, and engage effectively with external partners when required.
This is a hands-on leadership role with direct accountability for execution outcomes in a highly matrixed, global environment.
Enterprise Portfolio Ownership
Own the end‑to‑end governance and execution of WC&C’s strategic initiative portfolio, including growth initiatives, platform modernization, acquisitions and integrations, regulatory-driven programs, and large-scale client delivery efforts.
Set and enforce enterprise‑level prioritization, sequencing, and funding discipline across competing initiatives, ensuring capacity is aligned to strategic objectives.
Make and recommend trade‑offs across scope, timing, resourcing, and investment, escalating decisions appropriately to executive forums.
Governance, Control & Transparency
Design, implement, and operate an enterprise‑grade PMO governance framework aligned to State Street standards, including decision forums, tollgates, risk thresholds, and escalation mechanisms.
Ensure consistent, credible, and decision‑oriented reporting across financials, milestones, dependencies, risks, and outcomes.
Senior Executive & Board Engagement
Prepare and deliver executive‑level and board‑ready materials on program status, risks, investment performance, and delivery outlook.
Represent WC&C execution posture in senior governance forums, including Executive Committee, risk and control forums, and board‑level discussions as required.
Financial & Outcome Accountability
Ensure execution against approved business cases, regulatory commitments, and client obligations, with clear ownership for results.
Organization & Capability Leadership
Establish common standards, tools, and methodologies appropriate for a GSIB‑regulated, client‑critical environment.
Success in this role (first 6–12 months)
Deliver consistent, decision-oriented portfolio reporting (milestones, dependencies, financials, risks, and outcomes) that leadership trusts and uses.
10+ years of progressive leadership experience in portfolio, program, or enterprise transformation roles within financial services or similarly complex, regulated institutions.
Proven ability to lead large, interdependent portfolios spanning business, technology, operations, and control functions (risk, compliance, legal, finance).
Strong executive communication skills, including creation of clear, decision-oriented materials for senior leadership and, when needed, board-level audiences.
Salary Range:
$170,000 - $267,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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