Chief Operating Officer - Corporate Functions, EVP

Company: STATE STREET CORPORATION
Location: Boston
Posted on: May 24, 2025

Job Description:

Chief Operating Officer - Corporate Functions, EVPThe Chief Operating Officer (COO) - Corporate Functions will be responsible for driving operational efficiency, strategic execution, and process optimization across the company's corporate functions. This role will oversee critical business areas including Finance, Risk, Compliance, Legal, Human Resources, IT, and Corporate Strategy to ensure seamless integration and alignment with the company's broader business goals.Key Responsibilities:

• Accomplished senior operations executive and/or technology leader with a successful record in transforming and streamlining operations and technology infrastructure resulting in organizational efficiency and a variety of front, middle and back-office automation tools and solutions that drive the business forward
• Results-focused individual with the persistence and patience necessary to work effectively with a variety of internal and external constituencies and drive results; demonstrated business knowledge acumen and ability to handle multiple priorities yet able to prioritize and effectively be the point of escalation on the most important deliverables or pressing issues of the moment
• Highly experienced in supporting such areas as administration, regulatory reporting, risk management and program management on a global basis
• Passion for driving efficiency, building successful enterprise solutions and realizing business value through operational efficiency and leveraging data
• Demonstrated interest and ability to anticipate and identify emerging problems and trends in a complex setting and collaboratively reach resolution; embraces a continual improvement mindset that results in more efficient business processes and technology solutions, and adoption through effective change management
• Lead the operational strategy for corporate functions, ensuring alignment with overall company objectives.
• Develop and implement operational frameworks to enhance efficiency, cost-effectiveness, and performance across all corporate divisions.
• Oversee corporate governance, risk management, and compliance functions, ensuring adherence to regulatory requirements and industry best practices.
• Collaborate with Finance and HR leadership to optimize workforce planning, budgeting, and financial controls.
• Drive transformation initiatives, leveraging technology to improve business processes and operational effectiveness.
• Foster a culture of innovation, collaboration, and continuous improvement within corporate functions.
• Serve as a key advisor to the CEO and Executive Leadership Team on operational and strategic matters.
• Build and maintain relationships with internal and external stakeholders, including regulatory bodies, business partners, and investors.
• Lead and develop high-performing teams, ensuring talent development and succession planning for key roles.Qualifications & Experience:
  • 20+ years of experience in senior operational leadership roles within financial services or a related industry.
  • Strong track record of managing corporate functions, including Finance, Risk, Compliance, Legal, HR, and IT.
  • Deep understanding of financial regulations, corporate governance, and operational risk management.
  • Proven ability to lead large, cross-functional teams in a complex, fast-paced environment.
  • Experience in driving business transformation, process improvement, and digital initiatives.
  • Exceptional leadership, strategic thinking, and problem-solving skills.
  • Strong communication and stakeholder management abilities.
  • Bachelor's degree in business administration, finance, or a related field; MBA or equivalent preferred.Why Join Us?
    • Opportunity to shape the operational strategy of a leading financial services firm.
    • Work with a dynamic and forward-thinking leadership team.
    • Competitive compensation and benefits package.
    • A culture of innovation, collaboration, and professional growth.Salary Range:$300,000 - $412,500 AnnualPosition SummaryThe Chief Operating Officer (COO) - Corporate Functions will be responsible for driving operational efficiency, strategic execution, and process optimization across the company's corporate functions. This role will oversee critical business areas including Finance, Risk, Compliance, Legal, Human Resources, IT, and Corporate Strategy to ensure seamless integration and alignment with the company's broader business goals.Key Responsibilities:
      • Accomplished senior operations executive and/or technology leader with a successful record in transforming and streamlining operations and technology infrastructure resulting in organizational efficiency and a variety of front, middle and back-office automation tools and solutions that drive the business forward
      • Results-focused individual with the persistence and patience necessary to work effectively with a variety of internal and external constituencies and drive results; demonstrated business knowledge acumen and ability to handle multiple priorities yet able to prioritize and effectively be the point of escalation on the most important deliverables or pressing issues of the moment
      • Highly experienced in supporting such areas as administration, regulatory reporting, risk management and program management on a global basis
      • Passion for driving efficiency, building successful enterprise solutions and realizing business value through operational efficiency and leveraging data
      • Demonstrated interest and ability to anticipate and identify emerging problems and trends in a complex setting and collaboratively reach resolution; embraces a continual improvement mindset that results in more efficient business processes and technology solutions, and adoption through effective change management
      • Lead the operational strategy for corporate functions, ensuring alignment with overall company objectives.
      • Develop and implement operational frameworks to enhance efficiency, cost-effectiveness, and performance across all corporate divisions.
      • Oversee corporate governance, risk management, and compliance functions, ensuring adherence to regulatory requirements and industry best practices.
      • Collaborate with Finance and HR leadership to optimize workforce planning, budgeting, and financial controls.
      • Drive transformation initiatives, leveraging technology to improve business processes and operational effectiveness.
      • Foster a culture of innovation, collaboration, and continuous improvement within corporate functions.
      • Serve as a key advisor to the CEO and Executive Leadership Team on operational and strategic matters.
      • Build and maintain relationships with internal and external stakeholders, including regulatory bodies, business partners, and investors.
      • Lead and develop high-performing teams, ensuring talent development and succession planning for key roles.Qualifications & Experience:
        • 20+ years of experience in senior operational leadership roles within financial services or a related industry.
        • Strong track record of managing corporate functions, including Finance, Risk, Compliance, Legal, HR, and IT.
        • Deep understanding of financial regulations, corporate governance, and operational risk management.
        • Proven ability to lead large, cross-functional teams in a complex, fast-paced environment.
        • Experience in driving business transformation, process improvement, and digital initiatives.
        • Exceptional leadership, strategic thinking, and problem-solving skills.
        • Strong communication and stakeholder management abilities.
        • Bachelor's degree in business administration, finance, or a related field; MBA or equivalent preferred.Why Join Us?
          • Opportunity to shape the operational strategy of a leading financial services firm.
          • Work with a dynamic and forward-thinking leadership team.
          • Competitive compensation and benefits package.
          • A culture of innovation, collaboration, and professional growth.Salary Range:$300,000 - $412,500 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.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.State Street's Speak Up LineState Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide.
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Keywords: STATE STREET CORPORATION, Malden , Chief Operating Officer - Corporate Functions, EVP, Executive , Boston, Massachusetts