What are the responsibilities and job description for the Head of Multi Asset and Order Management Technology, MD - State Street Investment Management position at State Street Investment Management?
Who we are looking for
State Street Investment Management is seeking an accomplished senior engineering and transformation leader to head the Investment Solutions Group (Multi-Asset) technology organization. IM’s Investment Solutions Group brings together multi-asset, OCIO, Alternative Investments, Charitable Asset Management portfolio solutions for institutional and intermediary clients. This hands-on, player-coach role will set technology’s direction and own enterprise execution, solution architecture, modernization and adoption across the investment lifecycle. The leader will simplify and scale proprietary and third-party platforms supporting portfolio construction, order management, fiduciary oversight and client outcomes, with clear accountability for resilient operations and measurable business outcomes.
Why this role is important to us
This role will modernize our investment platform. It will reduce fragmented data and workflow complexity, strengthen trusted and timely investment data, and support the governance, reporting and scalable service model required by fiduciary clients. The leader will combine strategic influence with hands-on technical engagement across portfolio management
What you will be responsible for
As Head of Investment Solutions Group Technology and Portfolio Management, you will build and deliver proprietary engineering capabilities for multi-asset, OCIO and Charitable asset management portfolio management needs. You will create the foundation to embed agentic toolsets directly into proprietary portfolio-construction applications to automate portfolio setup, maintenance, monitoring, optimization, implementation and controls. The mandate is to increase portfolio-manager capacity, accelerate readiness for complex new investment solutions, simplify the application footprint and reduce manual controls and end-user-developed tools, while owning architecture, release quality and production performance.
Key responsibilities
Strategy and business partnership
£120,000 - £217,500 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.
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 Street
Across 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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
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.
Job ID: R-800005
State Street Investment Management is seeking an accomplished senior engineering and transformation leader to head the Investment Solutions Group (Multi-Asset) technology organization. IM’s Investment Solutions Group brings together multi-asset, OCIO, Alternative Investments, Charitable Asset Management portfolio solutions for institutional and intermediary clients. This hands-on, player-coach role will set technology’s direction and own enterprise execution, solution architecture, modernization and adoption across the investment lifecycle. The leader will simplify and scale proprietary and third-party platforms supporting portfolio construction, order management, fiduciary oversight and client outcomes, with clear accountability for resilient operations and measurable business outcomes.
Why this role is important to us
This role will modernize our investment platform. It will reduce fragmented data and workflow complexity, strengthen trusted and timely investment data, and support the governance, reporting and scalable service model required by fiduciary clients. The leader will combine strategic influence with hands-on technical engagement across portfolio management
What you will be responsible for
As Head of Investment Solutions Group Technology and Portfolio Management, you will build and deliver proprietary engineering capabilities for multi-asset, OCIO and Charitable asset management portfolio management needs. You will create the foundation to embed agentic toolsets directly into proprietary portfolio-construction applications to automate portfolio setup, maintenance, monitoring, optimization, implementation and controls. The mandate is to increase portfolio-manager capacity, accelerate readiness for complex new investment solutions, simplify the application footprint and reduce manual controls and end-user-developed tools, while owning architecture, release quality and production performance.
Key responsibilities
Strategy and business partnership
- Execute the Investment Solutions Group multi-year blueprint partnering with business capability managers, vendor partners and architecture teams to deliver business outcomes, sequence reengineering efforts and resolve cross-functional dependencies.
- Act as the accountable technology executive for platform delivery, resilience, scalability, security and adoption.
- Translate evolving investment products, client needs and regulatory requirements into clear technology capabilities and delivery plans.
- Combine investment-domain expertise with direct engineering capability: decompose portfolio-management workflows, design modular services and implement them end to end.
- Own engineering solutions across portfolio management, alternatives and fund of funds investment management lifecycle, including integration of research tools into portfolio construction, rebalancing optimization, implementation and order generation.
- Own the order-management (OMS) capability from portfolio intent through execution handoff, including order creation, staging, enrichment, allocation, routing, amendment, cancellation and status tracking across asset classes.
- Set the target architecture and product roadmap for proprietary and vendor order management systems, consolidating duplicate workflows and defining configurable capabilities for multi-asset, model-driven and client-specific mandates.
- Ensure order workflows enforce investment guidelines, cash and position checks, restricted-list controls, approvals, exception management and complete auditability before orders reach trading.
- Oversee reliable integration between portfolio-construction, compliance, order management, execution, position, cash and post-trade platforms, with clear ownership of data quality, reconciliation, monitoring and production support.
- Lead architecture and engineering standards for modular services, application programming interfaces, data integration and cloud-based solutions.
- Embed disciplined requirements, testing, release management and production controls to improve delivery quality and reduce operational risk.
- Embed agent-enabled workflows into proprietary portfolio-construction tools to automate setup, model maintenance, monitoring and rebalancing, shifting portfolio managers toward exception-based oversight and increasing portfolio capacity.
- Lead simplification of legacy technology, reduce duplicate capabilities across proprietary toolsets and manage migration risk through clear transition plans and controls.
- Own the ISG portfolio of technology initiatives, including scope, milestones, business benefits, risks and resource decisions.
- Track delivery against explicit blueprint outcomes: higher portfolio-manager productivity, faster technology readiness for complex products, a simpler application footprint and fewer documented manual controls and end-user-developed tools.
- Manage strategic vendors and affiliated service providers, including service expectations, integration quality, commercial performance and workflow improvement.
- Represent the engineering team in architecture, investment, risk and governance forums, providing clear decisions and escalation when needed.
- Lead a global organization spanning engineering, federated architecture, analysis, testing, production support and vendor management.
- Build a culture of accountability, technical excellence, constructive challenge and close partnership with the investment business.
- Develop engineering leaders, strengthen succession plans and align workforce capacity and skills to the future-state roadmap.
- Create clear decision rights across business capability ownership, technology delivery, enterprise teams and external partners.
- 15 or more years of experience in asset management technology, front-office engineering, portfolio management and trading platforms, investment data, artificial intelligence-enabled engineering or large-scale technology transformation.
- Deep knowledge of institutional portfolio-management workflows across asset allocation, portfolio construction, implementation with experience supporting multi-asset investment teams and fiduciary clients.
- Proven record of leading complex global engineering organizations and delivering multi-year platform modernization with measurable business outcomes, operational resilience and portfolio management adoption.
- Strong solution architecture capability, including design thinking, design-for-failure, application programming interface-first design, event-driven platforms, shared services, cloud-native engineering and resilient data platforms.
- Has rebuilt or consolidated a portfolio-construction or rebalancing platform in production and successfully retired the legacy system.
- Can demonstrate a specific case where multiple stakeholder variants were reduced to a smaller, configurable design.
- Hands-on experience with specification-first delivery, translating requirements into specifications and tests with AI-assisted engineering.
- Practical experience using artificial intelligence to improve investment workflows, engineering productivity, software quality, testing, documentation and delivery effectiveness.
- Experience governing proprietary and vendor platforms, outsourced service models and complex commercial relationships.
- Demonstrated ability to simplify complexity, rationalize fragmented platforms, align business and technology teams, and communicate clearly with senior executives and technical teams.
- Strong command of operational resilience, cybersecurity, data protection, engineering controls and regulatory expectations in a global financial institution.
- Bachelor’s degree in computer science, engineering or a related field required.
- Advanced degree or relevant professional qualification strongly preferred.
- Experience across public and private markets, multi-asset solutions and global regulated environments preferred.
£120,000 - £217,500 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.
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 Street
Across 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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
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.
Job ID: R-800005
Salary : $120,000 - $217,500