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State Street Bank

Transformation Finance CFO, Managing Director at State Street Bank

State Street Bank No longer available

JOB DESCRIPTION

Transformation Finance CFO, Managing DirectorWho we are looking forReporting to the Head of Strategic Finance, the MD Transformation Finance CFO is a senior finance executive accountable for ensuring enterprise transformation initiatives deliver measurable financial outcomes. The role provides independent governance over business cases, drives disciplined value realization, and translates strategy into clear, actionable financial targets. This leader enables executive decision-making through rigorous analysis, transparent reporting, and proactive risk management.What you will be responsible forFinancial Governance & Value RealizationOwn financial oversight of transformation initiatives, ensuring a clear linkage between strategy, business cases, and realized outcomesEstablish and enforce consistent valuation methodologies, assumptions, and tracking standardsValidate business cases and monitor delivery against committed benefits, milestones, and timelinesStrategic Target Setting & Resource AlignmentPartner with executive leadership to define transformation targets and associated financial outcomesGuide resource allocation to ensure investments are aligned with the highest-value strategic prioritiesPerformance Tracking & IntegrationTrack and report value realization against commitments, including financial impact and timingEnsure clear delineation of transformation-driven impact from baseline business performanceIntegrate transformation commitments into financial plans, forecasts, and budgeting processesRisk, Trend, and Opportunity ManagementIdentify forward-looking risks and opportunities through rigorous financial analysisRecommend actions to mitigate risks, enhance performance, and capture upside opportunitiesAnticipate emerging issues and drive timely, data-informed course correctionsExecutive Insight & Decision SupportTranslate complex financial data into clear, actionable insights for senior stakeholdersProvide transparency on progress, risks, dependencies, and trade-offsEnsure alignment with enterprise reporting standards and governance frameworksWhat we valueExperience & ProfileSenior finance leader with deep expertise in financial planning, performance management, and business case evaluationDemonstrated track record of driving financial discipline within large-scale transformation environmentsStrong analytical capability with the ability to synthesize complex data into clear, actionable recommendationsProven ability to forecast outcomes, influence senior stakeholders, and drive performance accountabilityExecutive presence with clear, concise, and impactful communication skillsLeadership CharacteristicsOutcome-oriented with a strong sense of ownership and accountabilityCommercially astute with sound, well-balanced judgmentProactive in identifying, escalating, and resolving emerging issuesCollaborative and effective within complex, matrixed organizationsAdditional QualificationsAdvanced degree in Accounting, Finance, Economics, or a related field; MBA or equivalent preferred15+ years of progressive experience in financial planning, performance management, and business case evaluation within a large, complex financial institutionDemonstrated experience operating at scale within a GSIFI or similarly regulated global firmDeep expertise in financial forecasting, governance, program management, and regulatory engagementStrong competency in designing and sustaining robust production and control processesProven ability to engage credibly and effectively with Boards, regulators, and senior executivesSalary Range: $170,000 - $267,500 AnnualThe 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 .About State StreetAcross 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 StateStreet.com/careersRead our CEO StatementJob 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.SummaryLocation: Boston, MassachusettsType: Full time