Head of Markets Data & Risk Technology, Managing Director, Onsite

We are seeking a senior technology executive with a demonstrated track record of delivering large-scale Markets initiatives and building market-leading technology organizations. The successful candidate will combine deep technical expertise with strong business acumen and the ability to formulate, influence, and execute a strategic technology vision that delivers measurable business outcomes. This leader will be responsible for driving innovation, engineering excellence, data and risk transformation, and technology modernization across Markets. They will partner closely with senior business and technology leaders to define and execute a shared target-state architecture, enhance client and business outcomes, improve operational efficiency, and create sustainable competitive advantage through technology. The ideal candidate is highly collaborative, execution-focused, intellectually curious, and passionate about developing talent and building high-performing teams. They operate with integrity, transparency, and accountability, while fostering a culture of innovation, excellence, and continuous improvement.Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.Strategic LeadershipAccountable for the overall strategy, delivery, and operation of Markets IT Data & Risk Technology.Develop and execute a multi-year technology vision aligned with Markets business objectives and enterprise technology strategy.Partner with Markets leadership to drive growth, profitability, risk management, client satisfaction, and operational excellence through technology.Participate in Markets strategic planning, investment prioritization, and operating model decisions.Data, Risk & Analytics Platform LeadershipDefine and execute the target architecture for market, counterparty, liquidity, and regulatory risk platforms.Lead the evolution of enterprise data platforms supporting front-office, risk, regulatory, research, and analytics use cases.Drive adoption of modern data architecture, cloud-native technologies, real-time analytics, and AI-enabled decision support capabilities.Establish robust data governance, lineage, quality, metadata management, and controls to support regulatory and business requirements.Deliver scalable solutions that provide accurate, timely, and actionable risk intelligence across asset classes.Engineering & Technology TransformationDrive engineering excellence through modern software development practices, automation, platform engineering, and continuous delivery.Lead modernization efforts across applications, infrastructure, and data platforms to improve resiliency, scalability, security, and time-to-market.Balance proprietary development, vendor platforms, open-source technologies, and strategic partnerships to maximize business value.Champion architecture simplification, reuse, standardization, and technical debt reduction across the Markets technology estate.Innovation & Business EnablementIdentify and create opportunities for new products, services, and client capabilities through technology innovation.Leverage AI, machine learning, agentic workflows, advanced analytics, and automation to enhance productivity, reduce risk, and increase operating leverage.Foster a culture of experimentation through proofs of concept, rapid prototyping, and iterative delivery.Translate emerging technology trends into practical business solutions and competitive differentiation.Risk, Controls & Regulatory ExcellenceEnsure technology solutions meet evolving regulatory, compliance, cybersecurity, resiliency, and operational risk standards.Drive strong technology governance, platform reliability, business continuity, and operational excellence practices.Partner with Risk, Compliance, Audit, and Data Governance teams to ensure appropriate controls and transparency across critical platforms.Talent & Organizational LeadershipBuild, attract, retain, and develop world-class engineering, architecture, and data talent globally.Drive workforce optimization, productivity, succession planning, career development, and technical skill advancement.Establish a high-performance culture characterized by accountability, collaboration, innovation, and continuous learning.Lead geographically distributed teams through organizational change and transformation initiatives.What we valueThese skills will help you succeed in this roleSuperior engineering leadership coupled with strong business understanding.Proven ability to define and execute a compelling technology vision in complex global organizations.Deep expertise in Markets technology, market structure, risk platforms, and data ecosystems.Strong understanding of front-office workflows, risk management processes, and post-trade operations.Ability to influence senior executives and build consensus across business, risk, operations, and technology stakeholders.Demonstrated record of delivering complex programs with measurable business impact.Entrepreneurial mindset with the ability to convert ideas into production capabilities and business value.Outstanding communication, leadership, and stakeholder management skills.Bias for action, ownership, and results while maintaining high standards of governance and control.Commitment to integrity, transparency, and leadership through example.Education & Preferred QualificationsBachelor's degree in Computer Science, Engineering, Mathematics, Finance, or another quantitative discipline. Advanced degree preferred.15+ years of progressively increasing leadership responsibility within financial services technology.Significant experience leading large-scale Markets IT, Risk, Data, or Front Office technology organizations.Deep knowledge of fixed income, FX, equities, derivatives, financing, securities lending, and related market infrastructure.Proven expertise in market data, risk analytics, regulatory reporting, data management, and cloud technologies.Demonstrated success managing a portfolio of proprietary applications, vendor platforms, and strategic technology partnerships.Experience leading global teams and managing substantial technology budgets and investment portfolios.Strong understanding of modern architecture patterns, distributed systems, AI/ML platforms, cloud computing, platform engineering, and cybersecurity.Track record of building high-performing organizations and developing future technology leaders.The successful candidate will be measured on:Growth of Markets business capabilities through technology.Delivery of strategic transformation goals and target-state architecture.Improvement in productivity, operational efficiency, and platform resiliency.Increased reuse, standardization, and reduction of technical debt.Adoption of AI and automation to improve business outcomes.Talent attraction, retention, development, and organizational health.Strong risk management, regulatory compliance, and operational excellenceAre you the right candidate? Yes!We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.Why this role is important to usOur technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.Salary Range: $170,000 - $282,500 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