State Street Corporation

Strategic Implementation, Managing Director - Wealth Custody & Clearing

State Street Corporation • $170K — $267K *
Austin, TX 78745In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 10+ years of leadership experience in portfolio or enterprise transformation in financial services
  • Managing Director level experience with enterprise-scale execution accountability
  • Ability to lead large, interdependent portfolios across business and control functions
  • Skillful in navigating ambiguity to drive clarity and structure
  • Proven track record of influencing senior leaders in complex, global organizations
  • Strong executive communication skills for senior-level reporting
  • PMP or relevant certification preferred

Responsibilities

  • Own the governance and execution of strategic initiatives portfolio for WC&C
  • Set and enforce prioritization and funding discipline across initiatives
  • Recommend trade-offs across scope, timing, and resources
  • Design and implement an enterprise-grade PMO governance framework
  • Ensure credible reporting on financials and risks across projects
  • Proactively identify execution risks and lead corrective actions
  • Serve as an execution advisor to senior leadership, translating strategies into actionable plans

Benefits

  • Retirement savings plan (401K) with company match
  • Comprehensive insurance coverage including medical and dental
  • Paid time off for vacation, sick leave, and family care
  • Employee Assistance Program access
  • Eligibility for annual performance-based incentive compensation
  • Access to tax advantaged savings plans
Full 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 theendtoendgovernance 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 enforceenterpriselevelprioritization, sequencing, and funding discipline across competing initiatives, ensuring capacity is aligned to strategicobjectives.

  • Make and recommendtradeoffsacross scope, timing, resourcing, and investment, escalating decisions appropriately to executive forums.

Governance, Control & Transparency

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

  • Ensure consistent, credible, anddecisionorientedreporting 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,factbasedinsights on delivery health.

  • Prepare and deliverexecutivelevelandboardreadymaterials 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, andboardleveldiscussions 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 supportingenterprisescaledelivery.

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

  • Establish common standards, tools, and methodologiesappropriate fora GSIBregulated,clientcriticalenvironment.

Success in this role (first 612 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.

Whatwerelooking 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 .

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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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at State Street Corporation, where your career development is our priority. Join State Street Corporation and be part of a team that values innovation, leadership, and a commitment to excellence. Your future in the financial services industry starts here.
Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Finance & Insurance
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ
STT
* Ladders Estimates

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