State Street US | Finance Transformation Governance, Managing Director

Responsibilities

• This executive will be responsible for ensuring that business process redesign, automation, technology implementations, data initiatives, and operating model changes are executed within a robust governance and control framework.
• As a strategic leader within Finance, the Managing Director will establish and oversee a comprehensive framework to assess the impact of transformation initiatives on Finance processes, risks, controls, regulatory obligations, and policy compliance.
• The role will serve as a key partner to Finance Transformation, Controllership, Regulatory Reporting, Finance Business Risk Management (BRM), Technology, Compliance, and Enterprise Risk teams to ensure that transformation efforts strengthen operational effectiveness while maintaining a sound control environment.
• 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.
• Establish and Lead the Finance Transformation Governance Framework
• Design and implement the governance framework supporting Finance transformation initiatives across the organization.
• Establish standards, methodologies, and decision-making processes to evaluate transformation activities from a governance, risk, and control perspective.
• Develop executive reporting, metrics, and governance forums to provide transparency into transformation program risks, dependencies, control impacts, and remediation activities.
• Advise senior Finance leadership on governance implications associated with strategic investments, organizational redesign, automation initiatives, and technology implementations.
• Serve as the primary Finance governance leader overseeing the intersection of transformation execution, risk management, and internal controls.
• Assess Transformation Impacts on Finance Processes and Controls
• Establish a consistent framework to identify and assess the impact of transformation initiatives on end-to-end Finance processes, key controls, regulatory reporting obligations, and financial risk management activities.
• Ensure that process, control, data, and technology impacts are evaluated before significant transformation initiatives are approved and implemented.
• Lead reviews of future-state operating models to identify emerging risks, control gaps, segregation of duty concerns, and compliance considerations.
• Oversee process inventories and process mapping efforts to maintain an accurate understanding of how transformation activities affect the Finance control environment.
• Provide effective challenge and independent review of transformation programs to ensure risks are identified and appropriately mitigated.
• Drive Control Design for Automated and Digital Processes
• Lead the development of Finance's strategy for embedding automated, preventive, and technology-enabled controls within transformed business processes.
• Partner with Finance Transformation, Technology, and BRM teams to design controls that support new digital workflows, automation tools, AI-enabled solutions, and system implementations.
• Develop standards and guidance for control rationalization, control automation, and control modernization initiatives.
• Ensure newly designed controls are sustainable, auditable, scalable, and compliant with regulatory and enterprise requirements.
• Partner Across Finance Business Risk Management
• Establish strong partnerships across Finance Business Risk Management functions to ensure consistent risk and control practices during transformation initiatives.
• Coordinate with SOX, Regulatory Reporting, Operational Risk, Issue Management, and Control Testing teams to identify and address transformation-related risks.

Requirements

• 15+ years of experience in Finance, Controllership, Finance Transformation, Risk Management, Audit, Regulatory Reporting, or related disciplines.
• Significant leadership experience within a large financial services organization or similarly regulated environment.
• Demonstrated success leading governance, risk, and control activities associated with large-scale transformation initiatives.
• Deep understanding of Finance processes, internal controls, SOX compliance, regulatory reporting, operational risk, and governance frameworks.
• Experience designing and implementing automated controls and managing control implications associated with technology-enabled transformation.
• Proven ability to influence executive leadership and drive change across complex organizational structures.
• Experience within Finance Business Risk Management, Corporate Controllership, Regulatory Reporting, Corporate Audit, or Enterprise Risk functions.
• Familiarity with enterprise transformation programs involving ERP modernization, workflow automation, data platforms, AI, robotics, and digital enablement.
• Experience interacting with regulators, Corporate Audit, and external auditors regarding transformation governance and control matters.

State Street US

State Street US is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "For us, success comes in the mark we make as an organization– for the industry, our clients, our communities and each other."

Its finance, accounts, audit and tax openings in India are mostly in Boston, Quincy, Clifton and Kansas City.

• Industry: BFSI / Investments / Insurance