State Street US | Chief Financial Officer, Senior Vice President - State Street Investment Management

Key responsibilities

• As the senior finance leader for one of the world's largest asset managers, the CFO will be a business-shaping leader who uses finance as a lens to set strategy, allocate resources, improve the quality of earnings and strengthen long-term enterprise value.
• The ideal candidate combines deep investment management knowledge, commercial judgment and enterprise leadership with a record of making difficult portfolio choices, leading transformation and building a modern, highly credible finance organization.
• 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.
• It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
• Serve as a principal advisor and constructive challenger to the SSIM CEO and leadership team, translating strategy into a multi-year financial framework and clear operating commitments.
• Assess the attractiveness, competitiveness, revenue quality and return profile of SSIM's business portfolio and recommend where to build, buy, partner, reposition, scale or exit.
• Act as a principal in partnerships, acquisitions and divestitures, including thesis development, valuation, due diligence, structuring, integration planning and post-investment accountability.
• Lead budgeting, forecasting, long-range planning and management reporting, with clear accountability for commitments and timely action on performance gaps.
• Provide an integrated view of organic growth, market appreciation, gross and net flows, retention, fee yield, mix, margin, operating leverage and market sensitivity.
• Establish transparent economics across products, wrappers, investment capabilities, client segments, channels and geographies, including cost-to-serve, capacity and scalability.
• Drive expense discipline and productivity while protecting differentiated growth investments and improving the durability and quality of earnings.
• Provide financial leadership for pricing and fee exceptions and scale thresholds.
• Improve visibility into client lifetime value, mandate profitability, revenue sharing, platform costs, sales productivity and returns on distribution investment.
• Act as a key financial leader for operating model redesign and technology, data, automation and AI modernization.
• Ensure modernization choices improve growth, client outcomes, decision quality, scalability, controls or productivity rather than treating technology as an end in itself.
• Maintain strong financial controls, accurate reporting and compliance with regulatory, audit and fiduciary requirements across SSIM's global legal entities.
• Partner with Controllership, Treasury, Tax, Risk, Compliance and Legal, with clear ownership, escalation and challenge across shared responsibilities.
• Support engagement with regulators, boards and governance committees as needed.
• Lead and develop a high-performing global finance organization with strong commercial judgment, analytical depth, independence and enterprise perspective.
• Build capability in investment management economics, commercial finance, data and analytics, transformation finance and strategic transactions.
• Work collaboratively across SSIM, enterprise Finance, Technology, Operations, HR and other functions.
• Reporting to both the State Street CFO and the SSIM CEO, the CFO will be a co-wner of strategy execution, performance and resource allocation.
• Set business case and portfolio governance standards, prioritize scarce investment, track benefits and stop or redirect initiatives that do not deliver credible outcomes.
• Define clear accountabilities across business finance, planning, controllership and shared enterprise services, and evolve the operating model where needed.

Requirements

• 15+ years of progressive finance leadership experience in large, complex, global financial services organizations, including significant responsibility for a business or business portfolio.
• Deep investment management experience, including command of asset manager economics including flows, fee yield, product and wrapper economics, distribution models, capacity, market sensitivity and revenue dynamics.
• Demonstrated impact reallocating resources, improving business mix or economics, challenging underperforming investments and translating strategy into measurable outcomes.
• Deep expertise in strategic finance, FP&A, performance management, expense management and resource allocation.
• Proven ability to advise and challenge C-suite leaders, influence enterprise decisions without relying on formal authority and communicate effectively with boards and senior stakeholders.
• Sound judgement and independence in a highly matrixed, multi-jurisdictional environment with dual reporting and competing business and enterprise priorities.
• Previous service as CFO or senior finance executive of an investment management business.
• Experience across a broad product range, such as ETFs, index, active, cash, retirement, solutions and alternatives, and across institutional, intermediary and wealth channels.
• Experience with technology, data, automation and AI investments and with the governance required to convert them into measurable business value.
• Familiarity with the regulatory, governance, capital and control expectations of a GSIB or other large regulated financial institution.
• An undergraduate degree is required; an MBA, CPA or CFA is preferred.

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