What are the responsibilities and job description for the Technology Director, Managing Director position at State Street?
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
The following leadership capabilities and domain expertise will help you succeed in this role:
$170,000 - $282,500 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-797358
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.
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.
- 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.
- 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.
$170,000 - $282,500 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-797358
Salary : $170,000 - $282,500