Tech Transformation Leader — Alternatives & Private Markets

State Street; Quincy (MA); On-site; USD 170,000 - 283,000; Full time

Benefits offered by this job

401K match

Paid time off

Volunteer days

Employee networks

Job summary

State Street is seeking a strategic and transformational technology executive to lead the Alternatives & Private Markets Technology organization. This Managing Director will define the technology strategy, delivery roadmap, modernization agenda, and operational excellence across Alternative Investment products.

The role partners with business, operations, product, risk, architecture, and engineering leaders to accelerate modernization, improve scalability, and reduce technology risk.

Qualifications

• 15+ years of progressive technology leadership experience, including executive leadership of large-scale engineering organizations.
• Deep experience within Asset Management, Asset Servicing, Alternative Investments, Private Markets, Capital Markets, or Financial Services.
• Proven track record leading large technology transformation and modernization programs.
• Experience managing global teams and complex stakeholder environments.
• Strong knowledge of software engineering, application architecture, cloud technologies, platform modernization, and operational resilience.
• Demonstrated success delivering mission-critical platforms supporting front, middle, or back-office investment operations.
• Exceptional executive communication and stakeholder management skills.
• Bachelor's degree in Computer Science, Engineering, Information Technology, or related field.

Responsibilities

• Define and execute the long-term technology strategy for the Alternatives & Private Markets platform ecosystem.
• Drive platform modernization, cloud adoption, architecture simplification, and technology transformation initiatives.
• Develop and communicate a clear target-state architecture and multi-year investment roadmap aligned with business strategy and growth objectives.
• Provide thought leadership on emerging technologies, industry trends, and operational models within the Alternatives and Private Markets industry.
• Own end-to-end technology delivery across Private Markets platforms, including application development, quality engineering, release management, and production support.
• Ensure predictable execution of strategic initiatives while maintaining operational excellence and client commitments.
• Establish delivery governance, performance metrics, and execution standards across globally distributed teams.
• Lead large-scale transformation programs involving platform consolidation, re-architecture, modernization, and decommissioning of legacy technologies.
• Drive engineering excellence through modern software development practices, automation, DevSecOps, and AI-enabled productivity.
• Improve resiliency, availability, scalability, and performance of critical business platforms.
• Lead technology risk reduction efforts, including remediation of technical debt, cybersecurity vulnerabilities, infrastructure obsolescence, and operational risk exposures.
• Ensure regulatory, audit, and compliance requirements are embedded into engineering and operational processes.
• Partner with business, operations, product, and client-facing leadership teams to align technology priorities with business outcomes.
• Influence investment decisions, platform strategy, modernization priorities, and portfolio optimization efforts.
• Serve as the senior technology representative for the Middle Office domain with executive stakeholders and governance forums.
• Build strong partnerships across enterprise architecture, infrastructure, security, risk, and data organizations.
• Lead and develop a global organization of engineering, architecture, delivery, and production support professionals.
• Create a culture of accountability, innovation, collaboration, and continuous improvement.
• Attract, retain, and develop top technology talent.
• Build leadership bench strength and succession plans across critical technology functions.
• Manage technology budgets, strategic investment plans, and vendor relationships.
• Prioritize and optimize technology investments to maximize business value and risk reduction.
• Drive portfolio rationalization, platform consolidation, and application lifecycle management decisions.

Skills

Executive leadership

Asset Management knowledge

Technology transformation

Global team management

Cloud & platform modernization

Regulatory & risk awareness

Education

Bachelor's degree in Computer Science / Engineering / IT

Job description

State Street is seeking a strategic and transformational technology executive to lead the Alternatives & Private Markets Technology organization. This Managing Director will define the technology strategy, delivery roadmap, modernization agenda, and operational excellence across Alternative Investment products.

The role partners with business, operations, product, risk, architecture, and engineering leaders to accelerate modernization, improve scalability, and reduce technology risk.