Strategic Implementation, Managing Director - Wealth Custody & Clearing

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. 

Key Responsibilities 

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