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Transformation Finance CFO, Managing Director

Job in Boston, Suffolk County, Massachusetts, 02298, USA
Listing for: STATE STREET CORPORATION
Full Time position
Listed on 2026-06-17
Job specializations:
  • Finance & Banking
    Financial Manager, Corporate Finance, CFO
  • Management
    Financial Manager, CFO
Salary/Wage Range or Industry Benchmark: 170000 - 267500 USD Yearly USD 170000.00 267500.00 YEAR
Job Description & How to Apply Below

Transformation Finance CFO, Managing Director

Reporting to the Head of Strategic Finance, the MD Transformation Finance CFO is a senior finance executive accountable for ensuring enterprise transformation initiatives deliver measurable financial outcomes.

Overview

The MD Transformation Finance CFO is a senior finance executive accountable for ensuring enterprise transformation initiatives deliver measurable financial outcomes. The role provides independent governance over business cases, drives disciplined value realization, and translates strategy into clear, actionable financial targets. This leader enables executive decision‑making through rigorous analysis, transparent reporting, and proactive risk management.

Responsibilities
  • Financial Governance & Value Realization:
    Own financial oversight of transformation initiatives, ensuring a clear linkage between strategy, business cases, and realized outcomes; establish and enforce consistent valuation methodologies, assumptions, and tracking standards; validate business cases and monitor delivery against committed benefits, milestones, and timelines.
  • Strategic Target Setting & Resource Alignment:
    Partner with executive leadership to define transformation targets and associated financial outcomes; guide resource allocation to ensure investments are aligned with the highest‑value strategic priorities.
  • Performance Tracking & Integration:
    Track and report value realization against commitments, including financial impact and timing; ensure clear delineation of transformation‑driven impact from baseline business performance; integrate transformation commitments into financial plans, forecasts, and budgeting processes.
  • Risk, Trend, & Opportunity Management:
    Identify forward‑looking risks and opportunities through rigorous financial analysis; recommend actions to mitigate risks, enhance performance, and capture upside opportunities; anticipate emerging issues and drive timely, data‑informed course corrections.
  • Executive Insight & Decision Support:
    Translate complex financial data into clear, actionable insights for senior stakeholders; provide transparency on progress, risks, dependencies, and trade‑offs; ensure alignment with enterprise reporting standards and governance frameworks.
Qualifications
  • Experience & Profile:
    Senior finance leader with deep expertise in financial planning, performance management, and business case evaluation; demonstrated track record of driving financial discipline within large‑scale transformation environments; strong analytical capability with ability to synthesize complex data into clear, actionable recommendations; proven ability to forecast outcomes, influence senior stakeholders, and drive performance accountability; executive presence with clear, concise, and impactful communication skills;

    outcome‑oriented with a strong sense of ownership and accountability; commercially astute with sound, well‑balanced judgment; proactive in identifying, escalating, and resolving emerging issues; collaborative and effective within complex, matrixed organizations.
  • Additional Qualifications:

    Advanced degree in Accounting, Finance, Economics, or a related field; MBA or equivalent preferred; 15+ years of progressive experience in financial planning, performance management, and business case evaluation within a large, complex financial institution; demonstrated experience operating at scale within a GSIFI or similarly regulated global firm; deep expertise in financial forecasting, governance, program management, and regulatory engagement; strong competency in designing and sustaining robust production and control processes;

    proven ability to engage credibly and effectively with Boards, regulators, and senior executives.
Compensation

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.

Benefits

Benefits include a retirement savings plan (401K) with company match; comprehensive insurance coverage; paid time off; incentive compensation; and access to an Employee Assistance Program.

Equal Opportunity Statement

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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