Chief Technology Officer, EVP

The Chief Technology Officer (CTO) of a large, globally systemic financial institution holds a critical leadership position, responsible for defining, driving, and executing the technology vision and strategy that underpins the institution's operations, innovation, and competitiveness in the global financial market. This executive-level role demands a blend of deep technical expertise, strategic foresight, business acumen, and exceptional leadership skills to navigate the complexities of financial technology, regulatory compliance, cybersecurity, and global operations.

The CTO reports to the Global Chief Information Officer (CIO).

Based in Boston and reporting directly to State Street's Chief Information Officer, the Chief Technology Officer (CTO) is a global role leading the enterprise infrastructure, architecture, cloud, artificial intelligence, and application development teams for State Street Global Technology Services (GTS). The CTO will be a key member of the GTS Executive team and will be responsible for providing the direction and delivery of all information technology systems supporting the company’s operations on a global basis.

The CTO is responsible for developing and implementing an enterprise-wide technology strategy, vision, and road map that aligns with the company’s systems and business needs.

State Street's new CTO will be responsible for overseeing a budget of $800 million and a global team of nearly 1,000 employees and an additional 5,000 contract and vendor resources to produce best-in-industry processes and technology solutions critical to the company’s success. Additionally, they will ensure the technology ‘brand’ of the company is elevated by proactively building relationships across the company, collaborate effectively, and develop a strong team to anticipate and meet the technology demands of the enterprise.

This role will be a critical executive and technology expert facing State Street's Board of Directors, key regulators, clients, and other critical external and internal stakeholders.

State Street is a technology-driven scale provider and one of the largest and most complex transaction processors in the world, and this leader will play the key role in ensuring that the firm runs one of the most available, resilient, reliable, and scalable infrastructure environments in the world in a cost effective, efficient manner. As State Street's technology needs evolve over time, with flexibility, efficiency, and speed requirements continually increasing, this individual must bring a strategic vision and take a long-term approach to decision making in order to ensure that the firm’s infrastructure footprint continues to evolve along with these needs.

This leader must understand how to continually and incrementally enhance State Street's infrastructure environment, all the while maintaining a focus and discipline with respect to performance and cost.

• Technology Strategy & Vision:
  Defining and implementing the overall technology strategy aligned with the State Street business goals and objectives, while staying ahead of technological trends and identifying opportunities to leverage new technologies for competitive advantage.
• Infrastructure & Operations Management:
  Overseeing the robust, secure, and scalable IT infrastructure, encompassing data centers, networks, applications, and cloud computing strategies, ensuring system reliability, performance, and efficiency.
• Digital Transformation:
  Leading the digital transformation initiatives, including the integration of digital technologies like AI, machine learning, and blockchain into banking processes and products to enhance customer experience, operational efficiency, and innovation.
• Cybersecurity &
  
  Risk Management:
  
  Implementing and managing security protocols, conducting regular risk assessments, and safeguarding the institution's assets and customer data from cyber threats and data breaches, while balancing innovation with security requirements.
• Regulatory Compliance:
  Ensuring adherence to stringent regulations, such as GDPR and Payment Services Directive Two (PSD2), implementing robust compliance frameworks,…