Job Description

Who we are looking for

We are looking for a Depositary Oversight Manager on Vice President grade]. You will be responsible for leading governance and strategic initiatives to enhance the effectiveness, consistency, and scalability of Depositary oversight across multiple jurisdictions. The role drives alignment of operating models, policies, and controls while ensuring compliance with evolving regulatory requirements. The VP acts as a key senior stakeholder, facilitating collaboration across regions and functions to strengthen investor protection and deliver a robust Depositary framework.

Why this role is important to us

You will be joining the Investment Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

As a Depositary Oversight Manager, you will:

• Lead the development, implementation, and continuous enhancement of Depositary governance frameworks, policies, and procedures
• Drive cross jurisdictional strategic initiatives, ensuring consistent execution and alignment of oversight practices across locations
• Oversee the effectiveness of Depositary oversight activities, including safekeeping, cash flow monitoring, and investment restriction monitoring
• Coordinate and standardise governance reporting, including Board and Committee materials, ensuring clear articulation of risks, issues, and actions
• Act as a central point of coordination for global and regional Depositary initiatives, promoting best practice and consistency
• Provide independent challenge and escalation on governance, risk, and control issues across jurisdictions
• Partner with Risk, Compliance, Legal, and Operations to implement regulatory change and strengthen control environments
• Represent Depositary in senior governance forums, client due diligence meetings, and regulatory interactions
• Identify emerging risks and operational gaps, driving remediation and continuous improvement initiatives
• Lead and influence cross-functional and geographically dispersed teams to deliver on strategic objectives
• Promote a strong culture of governance, accountability, and risk awareness across the Depositary function

What we value

These skills will help you succeed in this role

• Strategic Leadership: Ability to set direction and deliver complex initiatives across multiple jurisdictions
• Stakeholder Management: Ability to influence and engage senior stakeholders across functions and regions
• Collaboration & Communication: Strong interpersonal and communication skills, with ability to present complex topics clearly
• Change & Delivery Focus: Proven ability to drive and embed change in complex operating environments
• Judgement & Decision Making: Ability to assess risks and make informed, balanced decisions
• Accountability & Ownership: Strong sense of ownership for outcomes and governance standards
• Demonstrated ability to engage effectively with senior stakeholders, including Boards, regulators, and clients
• Strong analytical, problem-solving, and decision-making capabilities

Education & Preferred Qualifications

• Degree qualified
• Extensive experience in Depositary or related financial services roles
• Strong knowledge of regulatory frameworks (e.g. UCITS, AIFMD) and Depositary obligations including oversight and safekeeping
• Strong understanding of governance frameworks, risk management, and control environments
• Experience in regulatory engagement, audits, or due diligence processes
• Governance & Risk Oversight: Strong focus on control, compliance, and regulatory alignment
• Proven experience in leading and delivering strategic initiatives and transformation programmes
• Experience working across multiple jurisdictions with an ability to align diverse teams and processes

About State Street

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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