Data Solutions Lead, Managing Director

Who we are looking for

The Managing Director, Finance and Treasury Data Solutions, will lead a transformative effort to define, change, and implement data-centric solutions for finance, treasury and business units (GD and Product), aiming to drive operational efficiencies through improved data design and management. The Managing Director will drive our finance data strategy as well as remediating regulatory and audit findings. This role will significantly contribute to shaping the future of Finance operations and analytics through strategic data management and innovative solutions.

What you will be responsible for

P&L Data Strategy: Lead an innovative overhaul of the organization's revenue and expense accrual productions and analytics capabilities to provide a thorough breakdown of revenue (including NII and service charges) and expenses across multiple dimensions. This overhaul will streamline processes and drive efficiencies across these functions.  Partner and collaborate with the functional heads across Accounting Operations, Business Unit CFO, Financial Planning and Analysis, Product, Global Delivery and Technology teams to adapt and improve the operations, controls and management of Revenue and Expense data across the entire data supply chain.

AI, Automation and Analytics: Develop strategies to enable Finance with AI, Automation and Analytics. Drive automation and timely insights through effective adoption and enablement of Advanced Tooling AI across finance. Build Improved finance analytics and reporting capabilities that supports key financial results and revenue growth opportunities.

Global Treasury Data Strategy and Collaboration: Continuous partnership and collaboration with key functional teams across Liquidity Management, Asset Liability Management, Capital Management and Technology teams to drive improvements in process, controls and operations to better utilize the data to address regulatory obligations, drive operational efficiencies and management insights. This will also include an overhaul of the Funds Transfer Pricing process. Additionally, drive improvements in regulatory compliance.

Assets Under Custody Data Solutions

Lead both a run-the-bank program (includes regulatory and audit remediations) while support the execution of a transformative, enterprise-wide program on the collection, enrichment and distribution of Assets Under Custody (AUC) data the meet regulatory obligations and develop new capabilities to drive financial insights on State Street’s core business.

Run the Bank responsibilities will include: Own and improve the existing controls and governance of the existing AUC database, FAR, as part of run the bank operations. This will also include the tactical resolution of any regulatory and audit findings

Change the Bank responsibilities will include supporting program to establish, publish and distribute a new, authoritative data set on assets under custody for global use. Support the establishment of the future state operating models to ensure clear roles and responsibilities along the data supply chain and implementation of the necessary controls and exceptions handling processes

Additional Responsibilities:

Work with the Senior Vice President, Head of Finance Data Operations and Strategy to:

• Continuously champion the Data Strategy for Finance and Treasury aligned with organizational goals
• Foster a collaborative culture promoting data-driven decision-making
• Establish KPIs to measure the effectiveness of implemented solutions. Continuously monitor and optimize data processes for efficiency gains
• Development of internal talent and resources 

Education & Preferred Qualifications

• 15+ years’ experience with Core Corporate Finance, Treasury and Corporate Functions – exposure to the General Ledger, Chart Of Account, FP&A, Procurement, Regulatory Reporting, Master Data Management, Treasury and Cash Management Processes
• Strong experience in Data Design and Management – demonstrated experience in data architecture design and governance.
• Core competency in Process Re-engineering – Hands on experience in capturing, communicating, redesigning and execution of business processes across a wide and formerly federated business functions
• Team Leadership and Strategy Delivery – strong experience in directly managing a solution delivery team, demonstrating leadership, management, organizational, analytical and problem solving skills using a change and solution delivery mindset.
• Project Management Leadership – Project management experience to deliver a wide program of activities. Ability to drive outcomes in a fast paced environment while collaborating with other large programs and business priorities t