Chief Operating Officer, Markets and Finance, SVP at State Street in Boston, Massachusetts

Job Description:

Role Summary:

The Markets and Financing Chief Operating Officer will play a critical role in the daily management of all aspects of the Office of the Vice Chair. Reporting directly to the Vice Chair of State Street, the COO will be viewed as a key contributor to strengthening the business management and overall strategy for the Markets and Financing business.

There will be business aspects to this role with appropriate decision making and inputs required for key areas of work. The COO is responsible for all daily support to the organization and its businesses to execute against its strategic and tactical initiatives. The COO serves as the central network for business management across the division globally, providing management support. The COO is also a conduit of information flow to other functions across the bank.

Other Key Responsibilities:

• Act as representative / proxy for the Vice Chair on necessary regional and global operating committees.


• Responsible for client planning, visits, presentations, and takeaways/follow-ups


• Lead the execution and strategy frameworks as well as the related key objectives.


• Engage in business level strategy planning, aligning to the overall strategies of the enterprise.


• Oversight of the CAO function, responsible for monitoring the business investment portfolio - overall management of business IT budget, allocation prioritization, ROI achievement (in coordination with CIO and business leaders)


• Support ad hoc, strategic, and tactical efforts by effectively leading projects across multiple areas: risk, business strategy, transformation, and cross-functional initiatives.


• Work with senior management to actively identify and implement process changes.


• Key partner in developing a strong risk and control culture across all regions; all daily activities associated with improved control frameworks.


• Manage a small team effectively providing a level of mentorship and professional development while driving quality deliverables and attention to detail to all of the team's work products.


• Build strong relationships across the Vice Chair Leadership team and their leads to drive an array of efforts. Key executive in partnering with the business to address red/amber clients in new deal support.


• Work with senior leaders in Finance supporting the overall business reporting

• Demonstrated skills in problem identification and resolution as well as collaborative problem solving in a complex setting required.


• Possesses excellent communications skills with evidence of successful leadership, influence, and administrative / supervisory experience.


• Ability to detect emerging trends and encourage and make recommendations for creative change.


• Results-focused individual with the persistence and patience necessary to work effectively with a variety of internal and external constituents and drive results.


• Demonstrated ability to effectively partner with senior level staff, middle management and support divisions as required to execute the Vice Chair's strategic objectives.


• Possess excellent analytical skills with 15+ years' experience in analytics and / or reporting.


• Exhibited success at applying analytic methods to take on business problems, interpreting data and communicating analytical results to peers and management.


• Possess the ability to create executive and board level material. Requires synthesizing and summarizing of complicated content.


• Experienced project manager with the ability to handle multiple priorities and lead team efforts as necessary.


• Proven leader with effective analytical, interpersonal, written, and oral presentations skills


• Effective at flexing and pivoting - be comfortable dealing with various changes and adapting to them.


• Networking - ability to find data, insights, and proof points very quickly across the organization with very little direction and synthesize.


• Influence - be comfortable working with and influencing senior leaders and executives.


• Multi-task - ability to effectively manage multiple priorities, but also be able to focus on the most important deliverables of the moment through proper prioritization.


• Business acumen - ability to pre-empt questions and sense-check the facts and be able to display a general business knowledge across all business lines.


• Ability to self-learn and research topics to provide context to matters.

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:
$225,000 - $337,500 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.