Job Description

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 roleis responsible forbuilding transparency, discipline, and predictable delivery across growth, transformation, regulatory commitments, and operational resilience.

You willestablishand 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 whenrequired

This is a hands-on leadership role with direct accountability for execution outcomes in a highly matrixed, global environment.

Key Responsibilities

Enterprise Portfolio Ownership

• Own theend‑to‑endgovernance 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 enforceenterprise‑levelprioritization, sequencing, and funding discipline across competing initiatives, ensuring capacity is aligned to strategicobjectives

• Make and recommendtrade‑offsacross scope, timing, resourcing, and investment, escalating decisions appropriately to executive forums.

Governance, Control & Transparency

• Design, implement, andoperateanenterprise‑gradePMO governance framework aligned to State Street standards, including decision forums, tollgates, risk thresholds, and escalation mechanisms.

• Ensure consistent, credible, anddecision‑orientedreporting across financials, milestones, dependencies, risks, and outcomes.

• Proactivelyidentifysystemic execution risks and lead corrective action before issues impact clients, regulators, or firm commitments.

Senior Executive & Board Engagement

• Serve as a trusted execution advisor to WC&C senior leadership, translating strategy into executable plans and providing clear,fact‑basedinsights on delivery health.

• Prepare and deliverexecutive‑levelandboard‑readymaterials 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, andboard‑leveldiscussions asrequired

Financial & Outcome Accountability

• Partner with Finance toestablishrigorous tracking of investments,benefitsrealization, and financial outcomes across the portfolio.

• Ensure execution against approved business cases, regulatory commitments, and client obligations, with clear ownership for results.

• Drive a culture of outcomes over activity, focusing on value delivered rather than volume of initiatives.

Organization & Capability Leadership

• Build, lead, and continuously mature a WC&C PMO organization capable of supportingenterprise‑scaledelivery.

• Set clear expectations for execution excellence, leadership presence, and senior stakeholder engagement across direct and matrixed teams.

• Establish common standards, tools, and methodologiesappropriate fora GSIB‑regulated,client‑criticalenvironment.

Success in this role (first 6–12 months)

• Establish a clear portfolio operating rhythm (forums, tollgates, escalation paths) and embed it across WC&C.

• Deliver consistent, decision-oriented portfolio reporting (milestones, dependencies, financials, risks, and outcomes) that leadership trusts and uses.

• Drive prioritization and capacity alignment across major programs, surfacing trade-offs early and enablingtimelyexecutive decisions.

• Strengthen delivery discipline across the portfolio, reducing surprises through proactive risk management and structured issue resolution.

• Build and/or mature the WC&C PMO capability (people, standards, tools) to support enterprise-scale delivery.

Whatwe’relooking for

• 10+ years of progressive leadership experience in portfolio, program, or enterprise transformation roles within financial services or similarly complex, regulated institutions.

• Experienceoperatingat Managing Director (or equivalent) level with accountability for enterprise-scale execution outcomes.

• Proven ability to lead large, interdependent portfolios spanning business, technology, operations, and control functions (risk, compliance, legal, finance).

• Comfort navigating ambiguity and driving clarity, structure, and momentum across competing priorities.

• Track recordof influencing senior leaders and driving alignment in highly matrixed, global organizations.

• Strong executive communication skills, including creation of clear, decision-oriented materials for senior leadership and, when needed, board-level audiences.

• PMP or other relevant certification preferred.

Preferred qualifications

• Experience supporting custody, wealth services, asset servicing, and/or capital markets businesses.

• Background in acquisitions, integrations, platform transformation, and/or operating model redesign.

• Direct exposure to executive committees, boards, regulators, and/or external stakeholders.

• Familiarity with portfolio management,PMO, andfinancial tracking platforms and tooling.

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

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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