State Street
Financial Services
StrategicImplementation,ManagingDirector-WealthCustody&Clearing
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“Strategic Implementation, Managing Director - Wealth Custody & Clearing at State Street. Skills: strategic initiative portfolio execution, enterprise-grade PMO governance framework, senior executive and board engagement, financial and outcome accountability, organization and capability leadership. Deliver and govern the division’s highest-priority strategic initiatives. Build transparency, discipline, and predictable delivery across growth, transformation, regulatory commitments, and operational”
What You'll Achieve.
delivering and governing the division’s highest-priority strategic initiatives; delivering against business, client, and regulatory outcomes; delivering consistent, decision-oriented portfolio reporting; driving prioritization and capacity alignment; enabling timely executive decisions; strengthening delivery discipline; reducing surprises; supporting enterprise-scale delivery; delivering value
Industry & Context.
navigating ambiguity; driving clarity; driving structure; driving momentum; proactive risk management; structured issue resolution
What They're Looking For.
Must Have
10+ years of progressive leadership experience in portfolio, program, or enterprise transformation roles within financial services or similarly complex, regulated institutions, Experience operating at 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 record of influencing senior leaders and driving alignment in highly matrixed, global organizations, executive communication skills, including creation of clear, decision-oriented materials for senior leadership and, when needed, board-level audiences
Nice to Have
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, and financial tracking platforms and tooling, PMP or other relevant certification preferred
What You'll Do.
Deliver and govern the division’s highest-priority strategic initiatives
and predictable delivery across growth
regulatory commitments
and operational resilience
Establish and lead a best-in-class program and portfolio management capability
Own the end‑to‑end governance and execution of WC&C’s strategic initiative portfolio
Set and enforce enterprise‑level prioritization
and funding discipline
Make and recommend trade‑offs across scope
and operate an enterprise‑grade PMO governance framework
and decision‑oriented reporting
Proactively identify systemic execution risks and lead corrective action
Serve as a trusted execution advisor to WC&C senior leadership
Prepare and deliver executive‑level and board‑ready materials
Represent WC&C execution posture in senior governance forums
Partner with Finance to establish rigorous tracking of investments
and financial outcomes
Ensure execution against approved business cases
regulatory commitments
and client obligations
Drive a culture of outcomes over activity
and continuously mature a WC&C PMO organization
Set clear expectations for execution excellence
and senior stakeholder engagement
How You'll Work.
Team & Collaboration
Partner across business, technology, operations, risk, compliance, legal, and finance; Engage effectively with external partners when required; Lead large, interdependent portfolios spanning business, technology, operations, and control functions (risk, compliance, legal, finance); Drive alignment in highly matrixed, global organizations; Set clear expectations for senior stakeholder engagement across direct and matrixed teams
Communication Scope
executive communication skills; creation of clear, decision-oriented materials for senior leadership and, when needed, board-level audiences; translating strategy into executable plans; providing clear, fact-based insights on delivery health; senior stakeholder engagement
Process & Methodology
program management, portfolio management, enterprise transformation, governance, execution, PMO governance framework, decision forums, tollgates, risk thresholds, escalation mechanisms, reporting, risk management, issue resolution, prioritization, sequencing, funding discipline, capacity alignment, delivery discipline
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 role is responsible for building transparency, discipline, and predictable delivery across growth, transformation, regulatory commitments, and operational resilience. You will establish and 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 when required. 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 the end‑to‑end governance 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 enforce enterprise‑level prioritization, sequencing, and funding discipline across competing initiatives, ensuring capacity is aligned to strategic objectives. * Make and recommend trade‑offs across scope, timing, resourcing, and investment, escalating decisions appropriately to executive forums. **Governance, Control & Transparency** * Design, implement, and operate an enterprise‑grade PMO governance framework aligned to State Street standards, including decision forums, tollgates, risk thresholds, and escalation mechanisms. * Ensure consistent, credible, and decision‑oriented reporting across financials, milestones, dependencies, risks, and outcomes. * Proactively identify systemic execution risks and lead c
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