State Street Corporation

Markets Business Unit Controller, VP

State Street Corporation$110K — $188K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting or Finance preferred
  • CPA or equivalent professional qualification preferred
  • 10-15 years of experience in Controllership or Finance in a regulated financial institution
  • Thorough knowledge of U.S. GAAP and financial controls
  • Experience in Markets activity and accounting for Markets products
  • Proven ability to collaborate with senior leaders and global stakeholders

Responsibilities

  • Provide comprehensive controllership oversight for Markets activities and financial results.
  • Ensure timely and compliant financial reporting in accordance with U.S. GAAP.
  • Coordinate with Global Accounting Operations for efficient close processes.
  • Establish and monitor metrics for identifying potential financial issues.
  • Act as a trusted Finance partner for Markets leadership on new initiatives and strategic transactions.
  • Offer accounting guidance on complex trading activities and evaluate capital impacts.
  • Engage with business stakeholders for budgeting and strategic planning efforts.
  • Lead efforts to identify and strengthen potential operational gaps.

Benefits

  • Retirement savings plan (401K) with company match
  • Comprehensive insurance coverage including medical, dental, and vision
  • Paid-time off for vacation, sick leave, and family care
  • Access to Employee Assistance Program
  • Eligibility for annual performance-based incentive compensation awards
Full Job Description
Role Summary

The Markets Business Unit Controller  is responsible for partnering with the Markets business, and other corporate functions, to ensure that the business’s global activity is appropriately reflected in State Street’s financials.  Included within this responsibility is a significant focus on implementing new products and systems, cross functionally partnering with teams across the globe to ensure the successful achievement of Markets strategic priorities in a timely manner with the appropriate reporting, control and governance structure.  The primary product offerings of the Markets business, and focus of the Markets Business Unit Controller, involve FX Trading and Securities Lending.

Who we are looking for

We are seeking a Vice President to serve as Business Unit Controller for Markets, with responsibility for accounting oversight, financial control, and strategic partnership across complex specialized trading structures. This role requires a seasoned controllership leader with the ability to balance technical accounting rigor, business partnership, and enterprise governance, while operating in a highly regulated, fast-paced environment. The successful candidate will demonstrate strong executive presence, the ability to influence across Finance, the business and other functions, and have experience leading teams through change and transformation.

Why this role is important to us

This role is critical to safeguarding the quality and integrity of the Company’s financial and regulatory reporting while enabling business growth and strategic initiatives across Markets. The Vice President will help reinforce a strong control culture, support new products and legal entity activity, and serve as a key Finance representative in governance and risk forums.

Key Responsibilities
Financial & Legal Entity Controllership
  • Provide end-to-end controllership oversight for Markets activities, including responsibility for the integrity of business unit financial results.
  • Ensure accurate, timely, and compliant monthly, quarterly, and annual financial reporting in accordance with U.S. GAAP and internal governance standards.
  • Coordinate closely with Global Accounting Operations, Close and Consolidation teams to ensure an efficient, appropriately designed and well-controlled daily operating and close process.
  • On an ongoing basis ensure that the appropriate metrics for identifying potential issues are established, monitored and proactively addressed if indications of potential gaps.

Business Partnership & Strategic Support
  • Serve as a trusted Finance partner to Markets leadership on new initiatives, product launches, and strategic transactions – ensuring appropriate up front design and implementation for capturing activity in the financials.
  • Provide accounting guidance on complex activities, including FX trading and securities lending and associated derivative structures, along with partnering in evaluating the capital impact of Markets activity.
  • Support budgeting, strategic planning, and forecast activities in partnership with FP&A and business stakeholders.
  • Proactively engage with the business and other functions to identify potential gaps and lead efforts to strengthen, as necessary, those identified areas. 

Controls, Governance & Regulatory Engagement
  • Maintain a robust internal control environment and oversee remediation of findings.
  • Own accountability for internal and external audit engagement and remediation.
  • Ensure timely and accurate regulatory and statutory reporting.
  • Serve as Finance representative on governance committees.
  • Lead SOX certifications, representation letters, and related attestations

Transformation, Offshore & Systems Partnering
  • Lead controllership transformation initiatives impacting Markets.
  • Partner with Global Finance Center activities, ensuring strong governance and controls.
  • Proactively engage on Finance systems and change initiatives affecting accounting and reporting.

People Leadership & Talent Management
  • Lead, coach, and develop controllership teams.
  • Drive succession planning, performance management, and employee development.
  • Promote a culture of accountability, risk awareness, and continuous improvement.

Education & Preferred Qualifications
  • Bachelor’s degree required; Accounting or Finance strongly preferred.
  • CPA or equivalent professional qualification strongly preferred.
  • 10-15 years of progressive experience in Controllership or Finance within a regulated financial institution.
  • Strong knowledge of U.S. GAAP and financial controls.
  • Experience supporting Markets activity and accounting for Markets products.
  • Demonstrated ability to partner with senior leaders and global stakeholders.

Salary Range:

$110,000 - $188,750 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 .

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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