State Street Corporation

Transformation Change Leader (Middle Office), Managing Director

State Street Corporation$170K — $252K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial services, especially in transformation and change management
  • Strong domain expertise in Investment Operations and Middle Office functions
  • Technical bachelor's degree preferred
  • Demonstrated ability to lead large-scale programs with complex stakeholders
  • Track record of delivering efficiency gains through automation and technology

Responsibilities

  • Develop a roadmap for the target operating model prioritizing stability and risk mitigation
  • Lead client integration onto standard banking platforms for effective service delivery
  • Manage and oversee large-scale program logistics across different teams and locations
  • Drive technology modernization initiatives to enhance operational capabilities
  • Foster relationships with product and operations managers to align on business needs and market trends
  • Direct budgetary activities to ensure financial targets are met and to enhance ROI
  • Establish continuous improvement processes focused on service excellence for the client

Benefits

  • Comprehensive retirement savings plan with company match
  • Insurance coverage including life, medical, dental, and vision
  • Paid time off for vacation and family care responsibilities
  • Access to Employee Assistance Program
  • Eligibility for performance-based incentive compensation awards
Full Job Description
Who we are looking for

We are seeking a highly skilled and proactive Transformation Change Leader to lead and manage the Operating Model and Organizational Design change for a key client or a suite of services for a key client. The Operating Model transformation will include both operational infrastructure and architecture change ensuring optimal functionality, operational risk, resiliency, stability, and scalability-positioning the client for future growth with exemplary service delivery.

In this role, you will be responsible for leading the transformation and change initiatives required to both stabilize and transform the client to the target operating model. The role will partner directly with the SVP Client Lead to design and execute the strategic roadmap covering all aspects of the CORE Strategy (CORE: Client, Operations, Risk, and Employee) and end-to-end transformation required.

The role will be the interface between all necessary corporate partners including but not limited to Global Technology partners, Risk, GHR, and Finance. Cross-functional collaboration to implement best practices, driving continuous improvement supporting our business objectives and delivering exceptional consultative leadership for transformation and change and all key requirements of the role.

Scope
  • Transformation of major Asset Manager or suite of services to a major Asset Manager
  • Management of global direct & in-direct (matrix) organizations across multiple locations
  • Management of project plan and involved parties through the State Street organization and with the client


What you will be responsible for
  • Develop a roadmap to deliver on the desired target operating model including all or a suite of processes and functions that are integral to the support of the client, in particular focusing on positioning for future growth concentrating primarily on stability, risk mitigation, and resiliency
  • Lead the integration of the client or suite of services on to the standard Bank applications and ensure effective design and execution of the operating model for successful service delivery
  • Manage large-scale programs
  • Lead teams through technology modernization efforts, including the adoption of new platforms and leveraging emerging technologies to enhance operational capabilities
  • Establish and sustain effective, professional relationships with both product and operations managers; work closely with business partners in order to understand business drivers and market requirements
  • Manage and direct regular budget activities and financial performance targets - focused on return on investment and positive operating leverage
  • Extensive proven transformation and change leadership experience with a track record of managing the delivery of complex, multi-faceted transformation initiatives to comply with regulatory requirements and significantly reduce risk
  • Experience in delivering proven productivity and efficiency gains through automation and orchestration with a view to position for future growth. Continual Service Improvement experience required in order to manage large-scale programs
  • Broad-based support experience focused in a business-facing role with the ability to establish and sustain effective, professional relationships with both product and operations managers; work closely with business partners in order to understand business drivers and market requirements
  • Excellent influencing skills and the ability to liaise with multiple stakeholders at all levels, both internally and externally
  • Able to establish and sustain effective operational process and support practices that includes working with team members across multiple geographies
  • Lead the performance management process that measures and evaluates progress against goals
  • Foster a culture of learning through education and knowledge sharing around reliability practices, processes, and tools
  • Good working knowledge of Operating Model, Organizational Design, and program/project management methodologies and the role of technology resources in support of those methodologies
  • Actively promote our Diversity, Equity, and Inclusion goals throughout the organization


Additional Preferred Experience
  • Strong domain knowledge and hands-on experience in financial services, particularly in Investment Operations and Middle Office functions such as trade capture, confirmation, settlements, reconciliations, and performance measurement
  • Familiarity with investment management platforms, custodians, and third-party service providers
  • Proven ability to lead transformation initiatives within financial services, with a focus on operational efficiency, risk mitigation, and client service excellence in the asset management or investment operations domain


What we value

These skills will help you succeed in this role:
  • Strong interpersonal skills, ability to think and act in an inclusive manner, collaborative with the ability and experience working across countries and regions
  • Strong written and verbal communications
  • Excellent stakeholder and client management
  • Strong organizational and attention to detail skills
  • Must be delivery-focused and deadline-oriented with the ability to provide technical expertise to resolve daily problems
  • Core project/program management skills


Education & Preferred Qualifications
  • Technical bachelor's degree
  • 12+ years of financial services experience with a large financial services firm or advisory/consulting firm
  • Hands-on real-world global support experience needed
  • Leadership experience of Transformation and Change Management
  • Strong domain expertise in Investment Operations, particularly in Middle Office functions such as trade capture, confirmation, settlements, reconciliations, and performance measurem


Salary Range:
$170,000 - $252,500 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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