State Street Corporation

Head of Markets IT, Data & Risk Technology, Managing Director, Onsite

State Street Corporation$170K — $282K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in relevant fields; advanced degree preferred.
  • 15+ years in financial services technology leadership roles.
  • Experience leading large-scale Markets IT, Risk, Data, or Front Office technology organizations.
  • Deep knowledge of various financial products and related infrastructure.
  • Proven ability to manage substantial technology budgets and investment portfolios.

Responsibilities

  • Accountable for Markets IT Data & Risk Technology strategy and operations.
  • Develop and execute a technology vision that aligns with business objectives.
  • Define and execute target architectures for risk platforms.
  • Lead the modernization of applications and data platforms.
  • Drive engineering excellence through modern software practices.

Benefits

  • 401K retirement savings plan with company match.
  • Comprehensive insurance coverage including medical, dental, and vision.
  • Paid-time off for vacation, sick leave, and family care responsibilities.
  • Access to Employee Assistance Program for personal support.
  • Eligibility for annual performance-based incentive compensation.
Full Job Description
We are seeking a senior technology executive with a demonstrated track record of delivering large-scale Markets initiatives and building market-leading technology organizations. The successful candidate will combine deep technical expertise with strong business acumen and the ability to formulate, influence, and execute a strategic technology vision that delivers measurable business outcomes.

This leader will be responsible for driving innovation, engineering excellence, data and risk transformation, and technology modernization across Markets. They will partner closely with senior business and technology leaders to define and execute a shared target-state architecture, enhance client and business outcomes, improve operational efficiency, and create sustainable competitive advantage through technology.

The ideal candidate is highly collaborative, execution-focused, intellectually curious, and passionate about developing talent and building high-performing teams. They operate with integrity, transparency, and accountability, while fostering a culture of innovation, excellence, and continuous improvement.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

Strategic Leadership
  • Accountable for the overall strategy, delivery, and operation of Markets IT Data & Risk Technology.
  • Develop and execute a multi-year technology vision aligned with Markets business objectives and enterprise technology strategy.
  • Partner with Markets leadership to drive growth, profitability, risk management, client satisfaction, and operational excellence through technology.
  • Participate in Markets strategic planning, investment prioritization, and operating model decisions.

Data, Risk & Analytics Platform Leadership
  • Define and execute the target architecture for market, counterparty, liquidity, and regulatory risk platforms.
  • Lead the evolution of enterprise data platforms supporting front-office, risk, regulatory, research, and analytics use cases.
  • Drive adoption of modern data architecture, cloud-native technologies, real-time analytics, and AI-enabled decision support capabilities.
  • Establish robust data governance, lineage, quality, metadata management, and controls to support regulatory and business requirements.
  • Deliver scalable solutions that provide accurate, timely, and actionable risk intelligence across asset classes.

Engineering & Technology Transformation
  • Drive engineering excellence through modern software development practices, automation, platform engineering, and continuous delivery.
  • Lead modernization efforts across applications, infrastructure, and data platforms to improve resiliency, scalability, security, and time-to-market.
  • Balance proprietary development, vendor platforms, open-source technologies, and strategic partnerships to maximize business value.
  • Champion architecture simplification, reuse, standardization, and technical debt reduction across the Markets technology estate.

Innovation & Business Enablement
  • Identify and create opportunities for new products, services, and client capabilities through technology innovation.
  • Leverage AI, machine learning, agentic workflows, advanced analytics, and automation to enhance productivity, reduce risk, and increase operating leverage.
  • Foster a culture of experimentation through proofs of concept, rapid prototyping, and iterative delivery.
  • Translate emerging technology trends into practical business solutions and competitive differentiation.

Risk, Controls & Regulatory Excellence
  • Ensure technology solutions meet evolving regulatory, compliance, cybersecurity, resiliency, and operational risk standards.
  • Drive strong technology governance, platform reliability, business continuity, and operational excellence practices.
  • Partner with Risk, Compliance, Audit, and Data Governance teams to ensure appropriate controls and transparency across critical platforms.

Talent & Organizational Leadership
  • Build, attract, retain, and develop world-class engineering, architecture, and data talent globally.
  • Drive workforce optimization, productivity, succession planning, career development, and technical skill advancement.
  • Establish a high-performance culture characterized by accountability, collaboration, innovation, and continuous learning.
  • Lead geographically distributed teams through organizational change and transformation initiatives.


What we value

These skills will help you succeed in this role
  • Superior engineering leadership coupled with strong business understanding.
  • Proven ability to define and execute a compelling technology vision in complex global organizations.
  • Deep expertise in Markets technology, market structure, risk platforms, and data ecosystems.
  • Strong understanding of front-office workflows, risk management processes, and post-trade operations.
  • Ability to influence senior executives and build consensus across business, risk, operations, and technology stakeholders.
  • Demonstrated record of delivering complex programs with measurable business impact.
  • Entrepreneurial mindset with the ability to convert ideas into production capabilities and business value.
  • Outstanding communication, leadership, and stakeholder management skills.
  • Bias for action, ownership, and results while maintaining high standards of governance and control.
  • Commitment to integrity, transparency, and leadership through example.


Education & Preferred Qualifications
  • Bachelor's degree in Computer Science, Engineering, Mathematics, Finance, or another quantitative discipline. Advanced degree preferred.
  • 15+ years of progressively increasing leadership responsibility within financial services technology.
  • Significant experience leading large-scale Markets IT, Risk, Data, or Front Office technology organizations.
  • Deep knowledge of fixed income, FX, equities, derivatives, financing, securities lending, and related market infrastructure.
  • Proven expertise in market data, risk analytics, regulatory reporting, data management, and cloud technologies.
  • Demonstrated success managing a portfolio of proprietary applications, vendor platforms, and strategic technology partnerships.
  • Experience leading global teams and managing substantial technology budgets and investment portfolios.
  • Strong understanding of modern architecture patterns, distributed systems, AI/ML platforms, cloud computing, platform engineering, and cybersecurity.
  • Track record of building high-performing organizations and developing future technology leaders.


The successful candidate will be measured on:
  • Growth of Markets business capabilities through technology.
  • Delivery of strategic transformation goals and target-state architecture.
  • Improvement in productivity, operational efficiency, and platform resiliency.
  • Increased reuse, standardization, and reduction of technical debt.
  • Adoption of AI and automation to improve business outcomes.
  • Talent attraction, retention, development, and organizational health.
  • Strong risk management, regulatory compliance, and operational excellence


Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

Why this role is important to us

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.

We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

Salary Range:
$170,000 - $282,500 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 Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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