Head of State Street Consultancy, Executive Vice President
: Job Details :

Head of State Street Consultancy

Location: Boston

Across the globe, State Street helps clients manage risk, respond to challenges through solutions, and drive performance, creating better outcomes for the world's investors and the people they serve.

Position Overview

The Head of State Street Consultancy leads a team of internal consulting professionals focused on delivering best-in-class strategy and management consulting services across all State Street Business and functions globally and reports directly to the Chief Operating Officer for State Street.

In this role, the Head of Consultancy develops strategic and ambitious goals for the enterprise in alignment with the larger strategy and plays a key role in the development of the departmental vision, while executing against State Street's most critical projects including transformation, technology management, process engineering, and general management.

The Head of Consultancy will provide innovative and best-in-class solutions, working with the internal business unit leaders based on identified needs. This will help develop State Street's approaches and methods, build change capabilities across State Street, and engage our employees at all levels in elevating the enterprise agenda of being a high-performing global organization.

Key Responsibilities:

• Enable State Street leaders to enhance the operating model, process improvement, and process transformation projects by identifying business needs, validating key pain points, and determining the business case for change. Use hypotheses, data analysis/analytics, and process mapping tools to establish project scope and potential value, conducting research and competitive analysis as needed.
• Support business leadership in devising innovative solutions to address process deficiencies and value creation opportunities. Lead the planning and conduct of functional and cross-functional working sessions to develop future state process models that address business issues.
• Strategically lead a team that will implement enterprise change management approaches and assess organizational capacity and readiness for change. Work with business leaders to prioritize strategic pain points and lead the implementation plan for process improvement/process transformation.
• Lead the development of strategic project plans, establish and drive steering committees, mobilize, and launch project teams to support operating model, process improvement, and process transformation.
• Oversee teams leveraging methodologies like Six Sigma and Lean tools, supporting State Street's Process Improvement and Process Transformation initiatives.
• Champion and demonstrate State Street's culture of innovation, automation, agility, continuous improvement, and collaboration. Drive teams towards success-driven outcomes, such as reduced time to market, boosted quality, and a focus on client outcomes.

Job Requirements and Minimum Qualifications

• Several years of management consulting or Big 4 consulting firm experience desirable.
• Proven experience managing Fortune 500 engagements for transformation, operations, or technology implementations.
• Demonstrated ability to partner with executive enterprise leaders to manage multiple lines of business and corporate functions, particularly in client technology, operations, risk, and compliance.
• Strong ability to drive measurable performance improvements within a complex local/global organizational environment.
• Strong financial acumen, with experience managing through multiple economic cycles; experience in a publicly traded company preferred.
• Proven track record in driving improvements towards an inclusive and diverse workplace.
• Global financial service and banking regulatory experience required.
• Excellent written and verbal communication skills, including experience communicating to boards, executive management, and large groups.
• Strong project management skills, including managing and leading multiple projects simultaneously.
• Strong critical thinking skills and the ability to create and manage deliverables independently.

We believe in the power that comes from the diverse backgrounds and experiences that our employees bring with them. Even when the job description details what we are looking for, we do not necessarily need you to fulfill all of them when applying. If you like change and innovation, can see the bigger picture, make data-driven decisions, and are a good collaborator, you could be a great fit.

About State Street

What we do: State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. For more than two centuries, we have been helping our clients safeguard and steward the investments of millions of people.

Work, Live, and Grow: We strive to create a great work environment, offering competitive and comprehensive benefits packages. You will have access to flexible Work Programs and a wealth of development programs and educational support.

Inclusion, Diversity, and Social Responsibility: We believe our employees' diverse backgrounds, experiences, and perspectives create an inclusive environment where everyone can thrive. We welcome candidates of diverse origins, backgrounds, abilities, ages, sexual orientations, gender identities, and personalities.

Salary Range: $300,000 - $412,500 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, the applicable range could differ.

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

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