State Street Corporation

Implementation Functional Test Lead, Assistant Vice President

State Street Corporation$80K — $140K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or higher in Technology, Finance, Management, or related fields
  • 10-15 years of overall experience in financial services or technology transformation programs
  • 4-8 years leading functional testing workstreams with internal/external stakeholders
  • Familiarity with front, middle, and back-office workflows and data flows is preferred
  • Proven experience with agile or hybrid delivery models (e.g., JIRA, Confluence)

Responsibilities

  • Partner with the Implementation Test Manager to oversee test execution for assigned functions
  • Own planning and execution of function-level test delivery
  • Manage defect tracking, reporting, and resolution processes
  • Coordinate functional readiness with business, technology, and integration teams
  • Support performance testing initiatives and promote automation in testing
  • Lead defect triage forums to expedite issue resolution
  • Drive continuous improvement in functional testing methodologies

Benefits

  • 401K retirement savings plan with company match
  • Comprehensive insurance coverage (medical, dental, vision, disability)
  • Paid time off including vacation, sick leave, and family care
  • Access to Employee Assistance Program
  • Eligibility for performance-based incentive compensation
Full Job Description
We are seeking a strong delivery-focused testing professional to serve as an Implementation Functional Test Lead within the Alpha Global Testing Practice. This role partners closely with the Implementation Test Manager and is accountable for managing end-to-end test execution for a specific function (e.g., Front Office, Middle Office, Back Office, or Data) within an Alpha implementation. The role requires hands-on ownership of planning, execution, coordination, reporting and defect management to ensure high-quality, predictable delivery outcomes. Alpha implementations are complex, multi-functional programs spanning business processes, data, and technology across the investment lifecycle. Functional test execution must be tightly coordinated, well-governed, and aligned with overall program milestones. The Functional Test Lead plays a critical role in ensuring function-level testing is executed effectively, risks are surfaced early, and dependencies across teams are actively managed. What you will be responsible for - Partner with the Implementation Test Manager to manage all aspects of test execution for an assigned function within a specific Alpha implementation. - Own function-level test execution delivery, including: - Test strategy and approach for the function - Detailed test planning and scheduling - Day-to-day execution management across test phases - Defect management, triage, and resolution tracking - Status reporting, risk identification, and issue escalation - Provide strong project management discipline for the functional testing workstream, including dependency tracking and milestone alignment. - Coordinate closely with business, technology, and integration teams to ensure functional scope, data readiness, and environments are aligned. - Partner with the System Performance team to support planning and execution of performance testing activities relevant to the function. - Partner with the Automation team to drive adoption and execution of automation, ensuring functional test coverage, reusability, and alignment with overall test strategy. - Own end-to-end defect management for the assigned function, including defect identification, logging, triage, prioritization, tracking, and closure across test phases. - Lead defect triage forums at the functional level, partnering with business, technology, and integration teams to drive timely resolution. - Ensure defects are risk-assessed, severity-aligned, and impact-aware, with clear traceability to business processes and test scenarios. - Proactively identify defect trends, systemic issues, and quality risks, escalating to the Implementation Test Manager with clear mitigation recommendations. - Maintain strong governance over defect SLAs, aging, leakage, and reopen rates, ensuring transparency and predictability in execution. - Ensure accurate and disciplined use of defect management tools (e.g., JIRA), including reporting, dashboards, and audit-ready documentation. - Ensure adherence to testing standards, governance, and best practices across functional test cycles. - Manage and guide functional test analysts and testers (FTEs and vendors), providing clear direction and execution oversight. - Produce clear, concise test status reporting for the Test Manager and broader implementation leadership. - Contribute to continuous improvement of functional testing approaches, assets, and execution models. - Play an advisory role in projects facing challenges, providing direction, solution and stabilization support. - Proactively drive initiatives, identify gaps and implement improvements across projects. What we value - Strong execution mindset with the ability to operate independently while aligning closely with broader program leadership. - Experience leading functional testing within complex, client-facing transformation or platform implementation programs. - Ability to balance hands-on test leadership with structured reporting and stakeholder communication. - Strong collaboration skills across Testing, Performance, Automation, Technology, and Business teams. - Commitment to quality, risk management, and delivery predictability. These skills will help you succeed in this role: - Functional test planning and execution leadership - Defect management and risk-based decision making - Experience leading defect triage and resolution governance - Project and delivery coordination skills - Experience with agile or hybrid delivery models (e.g., JIRA, Confluence) - Strong analytical, organizational, and communication skills - Ability to work effectively in a global, multi-vendor environment - Knowledge of front, middle, and back-office workflows and data flows (preferred) Education & Preferred Qualifications - Bachelor's degree or higher in Technology, Finance, Management, or related disciplines - 10-15 years overall experience, with strong experience in functional testing for financial services or technology transformation programs - 4-8 years of experience leading testing workstreams or functional teams across internal and external stakeholders Salary Range: $80,000 - $140,000 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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