Front Office Trading Services, FX and FS Initiatives, Vice President

State Street; Boston (MA); On-site; USD 110,000 - 189,000; Full time

Benefits offered by this job

401K with company match

Insurance coverage

Paid time off

Employee Assistance Program

Performance-based awards

Tax-advantaged savings plans

Job summary

State Street is seeking a Vice President to lead the establishment of the Financing Solutions Front Office Trading Services team. You will drive automation, process improvements, risk controls, and AI adoption while partnering with senior leaders to design a scalable support model.

The role emphasizes governance, documentation, training, and executive communication across Front Office to Operations and Technology, with responsibility for a North America FOTS launch and a global rollout strategy.

Qualifications

• Bachelor's degree required; MBA or equivalent preferred.
• 10+ years of experience within financial services, capital markets, foreign exchange, securities finance, secured financing, prime services, agency lending, trading support, middle office, front‑office operations with leadership responsibility.
• Experience establishing or transforming front‑office‑aligned support teams, operating models, or control frameworks in a regulated financial‑services environment.
• Strong program execution skills, including delivery planning, governance, dependency management, risk and issue tracking, executive reporting, documentation, and stakeholder coordination.

Responsibilities

• Lead the rapid stand‑up of the North America Financing Solutions FOTS team, defining target operating model, organizational structure, implementation plan, and transition priorities.
• Define and document roles, responsibilities, ownership, decision rights, coverage, escalation, and handoffs across FOTS and partner functions.
• Establish a comprehensive delivery plan and governance cadence; track milestones, dependencies, risks, issues, decisions, and actions.
• Develop executive-level materials, including implementation updates, governance reporting, status dashboards, and risk/issue summaries.
• Design and document the risk and control framework for the new support model, ensuring regulatory alignment.
• Map the end‑to‑end Financing Solutions ecosystem from Front Office through Operations and Technology.
• Identify applications, system roles, data access, and entitlements for FOTS FS users.
• Create operating procedures, process maps, control documentation, training materials, and readiness checklists.
• Coordinate functional migrations from Front Office to FOTS, including scope validation, testing, training, and post-transition stabilization.

Skills

Transformation Leadership

Risk Management

Stakeholder Communication

Operating Model

Education

Bachelor's degree

MBA or equivalent

Job description

Front Office Trading Services, FX and FS Initiatives, VP

We are looking for a Vice President to help lead the establishment of the Financing Solutions Front Office Trading Services (FOTS FS) team and drive strategic FOTS initiatives, aimed at automation, process improvement, risk controls enhancement and AI adoption. This role will report to the Global Head of Front Office Trading Services and work closely with the Head of FOTS Financing Solutions, to design and implement a scalable, controlled, and sustainable support model within an accelerated timeframe. The successful candidate will provide hands‑on leadership across organizational design, governance, risk and controls, documentation, role definition, procedures, training, implementation tracking, and executive communications. The role will also develop a clear understanding of the Financing Solutions ecosystem from the Front Office through Operations and Technology, enabling the team to establish the applications, functional roles, and entitlements required to support business‑as‑usual activities.

Why this role is important to us

The team you will be joining is part of State Street Markets. State Street Markets supports institutional clients through trading, securities lending, financing, liquidity, and innovative portfolio solutions. Front Office Trading Services provides front‑office‑aligned execution and post‑execution support for Foreign Exchange business and is expanding its Financing Solutions coverage through a dedicated support model for Agency Lending, Secured Financing, and Prime Services. This role will be central to establishing the North America team, transitioning agreed activities from the Front Office to FOTS, and embedding the governance, controls, documentation, and capabilities required for sustainable support and global rollout.

What You Will Be Responsible For

• Lead the rapid stand‑up of the North America Financing Solutions FOTS team, partnering with the Global Head of FOTS, the Head of FOTS Financing Solutions, and key business stakeholders to define the target operating model, organizational structure, implementation plan, and transition priorities.
• Help define and document roles, responsibilities, ownership, decision rights, coverage expectations, escalation paths, and handoffs across FOTS, Financing Solutions Front Office, Operations, Technology, Risk, Compliance, and other partner functions.
• Establish a comprehensive delivery plan and governance cadence; organize, drive, and track milestones, dependencies, risks, issues, decisions, and actions to ensure business target dates and transition commitments are met.
• Assist in developing and maintaining executive‑level materials, including implementation updates, governance reporting, status dashboards, risk and issue summaries, decision papers, and periodic communications for senior stakeholders.
• Design and document the risk and control framework for the new support model, including key controls, evidence requirements, escalation standards, issue management, and readiness criteria, while ensuring alignment with applicable regulatory requirements and deadlines.
• Map the end‑to‑end Financing Solutions ecosystem from the Front Office through Operations and Technology, documenting products, workflows, systems, data dependencies, upstream and downstream touchpoints, and functional ownership.
• Identify, document, and coordinate the applications, system roles, data access, and functional entitlements required for FOTS FS users to support business‑as‑usual activities in a controlled and timely manner.
• Assist in creating operating procedures, process maps, control documentation, training materials, knowledge articles, and readiness checklists to support onboarding, cross‑training, consistent execution, and sustainable knowledge transfer.
• Assist in coordinating functional migrations from the Front Office to FOTS, including scope validation, testing, access readiness, training, parallel support, acceptance criteria, issue resolution, and post‑transition stabilization.

What We Value

• Transformation Leadership & Execution - Demonstrated ability to translate strategy into a structured delivery plan, mobilize cross‑functional teams, manage competing priorities, and deliver complex operating‑model change within accelerated timelines.
• Risk Management & Control Orientation - Strong commitment to identifying, documenting, escalating, and mitigating operational and regulatory risk through effective governance, controls, procedures, and evidence‑based oversight.
• Stakeholder Partnership & Executive Communication - Proven ability to build trusted relationships across Front Office, Operations, Technology, Risk, Compliance, and senior leadership, with concise, decision‑oriented written and verbal communication.
• Operating Model & Process Discipline - Ability to understand complex front‑to‑back ecosystems, clarify accountability, create repeatable processes, and establish documentation, training, access, and governance standards that support sustainable business‑as‑usual operations.

Education & Preferred Qualifications

• Bachelor's degree required; advanced degree (MBA or equivalent) preferred.
• 10+ years of experience within financial services, capital markets, foreign exchange, securities finance, secured financing, prime services, agency lending, trading support, middle office, front‑office operations, including leadership responsibility.
• Demonstrated experience establishing or transforming front‑office‑aligned support teams, operating models, or control frameworks in a regulated financial‑services environment.
• Strong program execution skills, including delivery planning, governance, dependency management, risk and issue tracking, executive reporting, documentation, and stakeholder coordination.
• Working knowledge of Foreign Exchange or Financing Solutions products and front‑to‑back workflows, with the ability to understand systems, data flows, operational handoffs, and access requirements.
• Proven ability to develop procedures, process maps, role and responsibility matrices, training materials, control documentation, and implementation‑readiness criteria.
• Experience partnering with Sales & Trading, Operations, Technology, Risk, Compliance, Information Security, and Access Management functions to establish controlled production support capabilities is preferred.

Salary Range

$110,000 - $188,750 Annual

Benefits

• 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.

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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.

Job ID: R-798553