Who We Are

State Street’s Alpha Business Architecture team is building the future of integrated front‑to‑back investment servicing. We’re driving major transformation programs for some of the firm’s most strategic global middle‑office clients—and we’re looking for a dynamic leader who can bridge business, data, operations, and technology to make it happen.

This is an opportunity to join a fast‑growing team at the center of State Street’s next‑generation operating model. If you thrive on solving complex problems, navigating diverse stakeholders, and shaping the path forward for large‑scale initiatives, this role is for you.

Why This Role Matters

Our clients—some of the world’s largest institutional investors—depend on State Street to manage risk, adapt to market challenges, and deliver performance. To do that, we need talented leaders who can simplify complexity, scale innovation, and strengthen the operational backbone of the firm.

In this role, you’ll contribute directly to State Street’s Alpha strategy, influencing how we deliver solutions and execute at our best. Your work will have a visible impact from day one.

What You Will Do

As the OTC Derivatives Transformation Lead, you will:

• Drive delivery of cross‑operational, high‑visibility projects across all phases—from initiation to execution.

• Lead project scoping and planning, setting realistic expectations and aligning stakeholders across Operations, Technology, and Business teams.

• Oversee requirements definition and solution design for complex OTC derivatives processes.

• Provide ongoing project governance, including progress tracking, reporting, and quality oversight.

• Build influential relationships with senior sponsors and stakeholders, effectively navigating competing priorities.

• Develop a deep understanding of State Street’s business architecture to help shape design decisions and future‑state models.

• Partner with Operations teams to streamline processes, reduce risk, enhance service quality, and improve efficiency.

What You Bring

Skills That Drive Success

These skills will help you succeed in this role

• Strategic thinker with strong business analysis and planning skills. Capable of identifying and interpreting wider-ranging issues: ‘Big picture’ understanding.

• Demonstrate understanding of Operations processes and procedures and an ability to learn quickly. Knowledge of OTC Swaps and Options products and processes related to the financial services industry would be an advantage, as is related experience in technology strategy or in a client service or business function and/or management consulting.

• Excellent communication and interpersonal skills, written and oral; confident in interaction with clients and senior stakeholders.

• Experience with designing new solutions by analyzing requirements, studying system capabilities, and writing detailed business requirements. Very strong interest in the underlying detail of the analysis is a must.

• Communicate complex analysis and insights to stakeholders and business leaders, both verbally and in writing.

• Ability to engage with and influence stakeholders outside their direct control.

Education & Experience

• Minimum BS/BA degree required in Technology, Finance, Business, or equivalent.

• Minimum of 10 years of experience in OTC Middle Office operations

• Experience in software applications analysis and business analysis

• Knowledge of SDLC & Agile Methodology and tools.

• Comfortable facilitating project working groups and possesses strong data gathering skills.

• Experience with Microsoft Office tools Word, Excel, Project, and Visio is required.

• SQL/database query skills a plus.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

**Inclusion, Diversity and Social Responsibility.**We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at State Street.com/careers

Salary Range:

$115,000 - $205,000 Annual

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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at State Street.com/careers

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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.