Functional Job Title:

CEO State Street Custodial Services (Ireland) Limited

Grade:

Senior Vice President:

Business Unit & Employment Legal Entity:

SSCSIL

Location:

Country

Ireland- Local (Ireland entity CEO) with strong Regional/European responsibilities.

Roles Reporting to this Position:

Head of Depository, Head of Custody

CBI Regulated Position / Control Function:

CBI Controlled Function:PCF‑1 (Executive Director) and PCF‑8 (Chief Executive)

Role Purpose The CEO of SSCSIL provides strategic and operational leadership for the entity, ensuring robust governance, regulatory compliance, and the effective day-to-day‑ delivery of Depositary and Custody services. This role requires seniority and a strengthened leadership remit to drive remediation, transformation, and regulatory confidence. The CEO is accountable for the performance, resilience, and risk management of SSCSIL’s operations and for leading the teams that support those outcomes.

A key priority for this role is guiding SSCSIL through the transformation required under Article 21c of CRD VI. This will require close collaboration with European colleagues on the design of the future EU-compliant operating model, while always ensuring continuity for clients, employees, and regulators. The heightened regulatory demands and ongoing structural changes necessitate a seasoned executive capable of providing credible senior representation, exercising meaningful influence, and driving alignment across State Street.

Across all scenarios, the CEO fosters a culture of integrity, accountability, risk awareness, and client centric excellence.

Key Committee / Working Group Memberships:

SSCSIL Board; SSIIL Business and Risk Compliance; other governance forums as required.

Major Responsibilities:

Strategic Leadership

• Develop and monitor the strategy of the Depositary and Custody functions, ensuring alignment with the broader State Street Group strategy.
• Own the client proposition for Depositary and Custody, driving client acquisition, retention, increased share of wallet, and delivery of market leading service standards.
• Lead SSCSIL’s strategic response to CRD VI Article 21c, including operating model design, regulatory readiness, and change execution.
• Drive business evolution to enhance competitiveness, client experience, commercial performance, and operational resilience.
• Provide senior representation at leadership level, ensuring SSCSIL’s position, risks, and strategic needs are appropriately voiced across broader State Street governance structure.

Governance, Risk, and Regulatory Responsibilities

• Ensure robust governance, systems, and controls are in place, and that the entity is appropriately resourced to meet all regulatory obligations (including those of the Central Bank of Ireland), escalating concerns where appropriate.
• Develop and maintain open, constructive, and proactive relationships with regulatory authorities in Ireland.
• Ensure that SSCSIL procedures, systems, and controls are regulatory reviewed and aligned to regulatory expectations and risk appetite.
• Contribute effectively to relevant Boards and Committees, adhering to terms of reference, Corporate Governance Policy, Legal Entity Governance Standards, and all applicable legal and regulatory requirements.
• Champion a strong risk culture across Depositary and Custody, embedding risk awareness and behaviours into day-to-day operations.
• Demonstrate senior‑level accountability for driving remediation plans, addressing regulatory findings promptly, and providing assurance to both external regulators and internal governance forums.

Operational and Client Leadership

• Accountable for the operational leadership of Depositary and Custodial services, ensuring high quality and timely delivery of services to our clients.
• Champion a best‑in‑class client proposition that supports growth in client acquisition, retention, and relationship depth while collaborating with the broader European Depositary business to ensure consistent service standards and aligned client expectations.
• Oversee third‑party and intra-Group service arrangements to ensure the Depositary and Custody businesses receive services to meet their operational needs.
• Lead, develop, and manage a professional and diverse team, fostering high employee engagement and high performance in delivering for our clients.
• Exercise senior escalation authority across cross‑jurisdictional teams within State Street ensuring alignment of operations, risk appetite, and service standards.

Skills and Experience

• Deep technical understanding of trustee, depositary, and custodial services, as well as the relevant regulatory and commercial environment.
• Demonstrable experience of driving significant growth, change and transformation agendas as a P&L leader within the industry.
• Experience of building and leading large, professional, and diverse teams.
• Strong external network within trustee/depositary/custody and the broader funds/asset management industry.
• Demonstrated ability to manage multiple stakeholder relationships across a complex group structure.
• Strong collaborative track record, including working across divisional boundaries and silos to deliver integrated solutions for clients.
• Broad knowledge and understanding of the relevant financial, regulatory, and legislative developments affecting the industry domestically and internationally.
• Previous committee and board experience with the ability to consider all structures of the legal entity and establish reporting lines and responsibilities accordingly.
• Knowledge of best practice financial and operational approaches undertaken in peer external organisations, with ability to leverage these for business improvement.
• Strong understanding of relevant legal, regulatory, and risk management policies and frameworks, with experience dealing with regulators.
• Track record of exercising senior leadership in a complex regulated environment, driving effective compliance programmes and reinforcing regulatory trust.
• Ability to lead cross‑entity transformation linked to integration into a broader State Street model, requiring senior‑level authority and presence.

Required Competencies

• Demonstrated ability to lead in a complex, highly regulated environment, with a proven track record of driving rigorous compliance programmes, managing significant regulatory interactions, and building sustained confidence with supervisory authorities.
• Excellent written and verbal communication and influencing skills, enabling credible engagement with senior stakeholders.
• Capable of shaping strategic dialogue and representing the organisation effectively in high‑stakes regulatory and governance forums.
• Demonstrated leadership within a professional environment, preferably where the individual has had to operate effectively within a complex matrixed structure where planning and interpersonal skills were critical to success.
• Experience leading through ambiguity and driving alignment across competing senior l‑evel interests.
• High levels of personal integrity, strong ethical values, and sound judgement.
• Proven ability to lead senior managers, build high performing leadership teams, and cultivate a strong culture of accountability and operational excellence.
• Agile intellect with ability to shift seamlessly between big picture thinking and operational fine details.
• Demonstrates the strategic acumen required to drive organisational transformation while maintaining a firm grasp on execution and control environments.
• Highly disciplined with an efficient and organized personal working style. Ability to manage multiple complex, high‑impact priorities simultaneously while maintaining clarity, focus, and resilience under pressure
• Proactive contributor who questions intelligently, debates constructively, challenges robustly and appropriately, can simplify complex and/or conflicted positions, and makes balanced decisions.

About State Street

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