Strategic Implementation, Managing Director - Wealth Custody & Clearing

Managing Director, Strategic Implementation

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.

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 corrective action before issues impact clients, regulators, or firm commitments.

Senior Executive & Board Engagement

• Serve as a trusted execution advisor to WC&C senior leadership, translating strategy into executable plans and providing clear, fact-based insights on delivery health.
• Prepare and deliver executive-level and board-ready materials on program status, risks, investment performance, and delivery outlook.
• Represent WC&C execution posture in senior governance forums, including Executive Committee, risk and control forums, and board-level discussions as required.

Financial & Outcome Accountability

• Partner with Finance to establish rigorous tracking of investments, benefits realization, and financial outcomes across the portfolio.
• Ensure execution against approved business cases, regulatory commitments, and client obligations, with clear ownership for results.
• Drive a culture of outcomes over activity, focusing on value delivered rather than volume of initiatives.

Organization & Capability Leadership

• Build, lead, and continuously mature a WC&C PMO organization capable of supporting enterprise-scale delivery.
• Set clear expectations for execution excellence, leadership presence, and senior stakeholder engagement across direct and matrixed teams.
• Establish common standards, tools, and methodologies appropriate for a GSIB-regulated, client-critical environment.

Success in this role (first 6–12 months)

• Establish a clear portfolio operating rhythm (forums, tollgates, escalation paths) and embed it across WC&C.
• Deliver consistent, decision-oriented portfolio reporting (milestones, dependencies, financials, risks, and outcomes) that leadership trusts and uses.
• Drive prioritization and capacity alignment across major programs, surfacing trade-offs early and enabling timely executive decisions.
• Strengthen delivery discipline across the portfolio, reducing surprises through proactive risk management and structured issue resolution.
• Build and/or mature the WC&C PMO capability (people, standards, tools) to support enterprise-scale delivery.

• 10+ years of progressive leadership experience in portfolio, program, or enterprise…