Who We Are Looking For
State Street is seeking a seasoned technology executive to lead engineering and delivery for its business-critical capabilities across back office. The ideal candidate will have extensive experience leading global technology organizations, delivering complex transformation programs, and building secure, scalable, resilient, high-performing enterprise solutions.
Why This Role Is Important to Us
This role is critical to the growth, modernization, stability, and scalability of the technology platform. The Managing Director will set and execute the technology strategy, strengthen engineering and operational disciplines, reduce technology risk, and accelerate delivery of capabilities that improve client service and advance business objectives.
What You Will Be Responsible For
As Managing Director, Technology, you will:
• Define and execute the multi-year technology strategy and roadmap
• Lead a global organization spanning software engineering, quality assurance, architecture, cloud, DevOps, release management, and production support.
• Partner with Product Management, Operations, Client Services, Infrastructure, Cybersecurity, Risk, Compliance, and business leadership to deliver strategic technology solutions.
• Drive application modernization, cloud transformation, user experience improvement, automation, and platform simplification.
• Oversee solution architecture, engineering delivery, production readiness, operational stability, and lifecycle management across the application portfolio.
• Establish and govern engineering standards, secure software development practices, CI/CD, automated testing, DevSecOps, and responsible use of AI-assisted development tools.
• Ensure platform availability, resiliency, disaster recovery readiness, business continuity, performance, and capacity management.
• Own remediation of technology risks, vulnerabilities, audit findings, control gaps, and regulatory commitments.
• Oversee strategic vendors and delivery partners, including performance, financial management, risk management, and accountability for delivery outcomes.
• Develop senior technology leaders, build succession plans, and foster a culture of accountability, innovation, collaboration, inclusion, and continuous learning.
• Communicate technology strategy, investment priorities, delivery progress, operational health, and risks to senior executives and governance forums.
What We Value
The following leadership capabilities and domain expertise will help you succeed in this role:
Strong understanding of back-office operations, trade lifecycle management, investment operations, and asset servicing processes.
Architecture-level understanding of enterprise platforms, distributed systems, and large-scale data ecosystems.
Proven ability to define strategy and translate it into measurable roadmaps and execution plans.
Deep understanding of enterprise software engineering, architecture, cloud, cybersecurity, data, infrastructure, and operational resilience.
Experience leading complex transformation programs across legacy and modern technology estates.
Strong risk management, governance, decision-making, and problem-solving capabilities.
Ability to influence and collaborate across business, product, engineering, operations, control functions, and external partners.
Excellent executive communication skills with the ability to clearly present priorities, trade-offs, risks, and outcomes.
Commitment to talent development, inclusive leadership, and building high-performing global teams.
Education and Preferred Qualifications
• Bachelor's degree in Computer Science, Engineering, Information Systems, Mathematics, or a related field; advanced degree preferred.
• 20+ years of progressive technology leadership experience, including significant responsibility for large-scale engineering organizations and business-critical platforms.
• Proven experience managing global teams and complex technology portfolios within financial services or another highly regulated industry.
• Experience with investment servicing, asset management, fund accounting, or investment operations is strongly preferred.
• Demonstrated success defining strategy and delivering enterprise application modernization, cloud transformation, and platform rationalization initiatives with measurable business and technology outcomes.
• Strong knowledge of cloud platforms, microservices, APIs, event-driven architecture, enterprise integration patterns, relational databases, and modern web technologies.
• Experience with Agile delivery, product-aligned operating models, DevOps, automated testing, software quality, and production support.
• Experience managing third-party technology vendors, offshore delivery partners, budgets, and strategic investment portfolios.
• Working knowledge of regulatory, audit, cybersecurity, information security, data governance, and operational risk requirements applicable to financial institutions.
Work Requirements
• Hybrid work arrangement with onsite presence in accordance with company policy and business needs.
• Standard business hours aligned with business, client, and stakeholder needs, with flexibility to support global teams across time zones and respond to critical production events.
Salary Range:
$170,000 - $282,500 AnnualThe range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the 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 StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Skills Required
- Bachelor's degree in Computer Science, Engineering, Information Systems, Mathematics, or a related field
- Advanced degree
- 20+ years of progressive technology leadership experience
- Significant responsibility for large-scale engineering organizations and business-critical platforms
- Experience managing global teams and complex technology portfolios
- Experience within financial services or another highly regulated industry
- Experience with investment servicing, asset management, fund accounting, or investment operations
- Experience defining strategy and delivering enterprise application modernization, cloud transformation, and platform rationalization initiatives
- Strong knowledge of cloud platforms, microservices, APIs, event-driven architecture, enterprise integration patterns, relational databases, and modern web technologies
- Experience with Agile delivery, product-aligned operating models, DevOps, automated testing, software quality, and production support
- Experience managing third-party technology vendors, offshore delivery partners, budgets, and strategic investment portfolios
- Working knowledge of regulatory, audit, cybersecurity, information security, data governance, and operational risk requirements for financial institutions
- Ability to work in a hybrid arrangement with onsite presence according to company policy and business needs
- Flexibility to support global teams across time zones and respond to critical production events
State Street Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.
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Retirement Support — Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
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Leave & Time Off Breadth — Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.
State Street Insights
What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
