Global Markets & Credit Finance Business Unit Controller, Managing Director

State Street•Boston, MA

1d•$170,000 - $267,500

About The Position

State Street is seeking an accomplished finance executive to provide strategic financial leadership, accounting governance, and global controllership oversight for its Markets and Credit Finance businesses. The role is the lead Controllership partner to Markets and Credit Finance senior management and is accountable for the integrity of business financial reporting through appropriate governance, controls, and processes across global trading and lending organizations. The Managing Director will apply technical accounting expertise and knowledge of capital markets and credit finance—including foreign exchange, securities financing, derivatives, and loan structures—to support business growth, evaluate new products and transactions, influence strategic decisions, implement systems, and drive transformation. The role represents Controllership in business projects, governance committees, and risk forums, and partners with stakeholders across Markets, Credit Finance, Finance, Risk, Operations, Legal, Compliance, and Technology. The position advises executive management on financial and regulatory reporting, accounting policy and governance, product development and approval, system implementations, legal entity oversight, operational and financial controls, strategic initiatives, and audit and regulatory engagement. It is responsible for maintaining financial integrity and an effective control environment while enabling business innovation and growth.

Requirements

Bachelor's degree, preferably in Accounting, Business, or a related discipline.
At least 10 years of progressive Controllership or Finance leadership experience within or directly supporting a regulated financial institution.
Significant experience supporting trading, capital markets, and/or lending businesses.
Deep knowledge of U.S. GAAP, financial reporting, and internal control frameworks.
Demonstrated ability to influence executive stakeholders and lead cross-functional initiatives across large organizations.

Nice To Haves

Prior experience in a Business Unit Controller role or equivalent senior finance leadership position.
CPA, Chartered Accountant, CFA, or equivalent professional qualification.
Expertise in FX trading, derivatives, securities lending, repo, and loan transactions.
Experience evaluating the balance-sheet, P&L, capital, and liquidity implications of trading and lending activities.
Demonstrated success leading large-scale finance transformation and system modernization programs.
Experience leading geographically dispersed global teams through change and transformation.
Ability to balance technical accounting rigor, business partnership, and enterprise governance in a highly regulated, fast-paced environment.
Strong executive presence and ability to communicate and influence senior management, governance committees, and regulatory stakeholders.
Experience managing internal and external audits and interacting with regulators.

Responsibilities

Provide end-to-end global financial controllership oversight for Markets and Credit Finance activities, including FX trading, securities financing, derivatives, and lending products.
Ensure the integrity, accuracy, completeness, timeliness, and transparency of financial results at corporate and local legal entity levels.
Ensure compliance with U.S. GAAP, international accounting standards, regulatory reporting requirements, and internal governance standards.
Lead quarterly and annual financial reporting reviews, certifications, and executive presentations.
Coordinate with Controllership and business teams to establish efficient, appropriately designed, and controlled daily operating and close processes.
Establish and oversee metrics for complex trading and financing transactions, identify potential issues, and address gaps proactively.
Partner with Global Accounting Operations, Regional Controllers, Accounting Policy, SOX and Business Risk Management, the Securities Trading / Broker Dealer COE, and Regulatory, Capital and SEC Reporting teams.
Serve as the primary Controllership advisor to Markets and Credit Finance executive leadership.
Partner with business heads on strategic initiatives, acquisitions, product launches, system implementations, and market expansion opportunities.
Evaluate and advise on accounting, reporting, and governance before new business activities launch.
Challenge and influence business decisions while balancing commercial objectives with risk, control, and regulatory requirements.
Support long-range planning, financial forecasting, and strategic decision-making.
Provide accounting leadership and oversight for FX trading, securities lending and repo programs, derivatives and structured products, lending products, and related balance-sheet and P&L implications.
Serve as a senior escalation point for complex accounting interpretations and technical accounting matters, partnering closely with Accounting Policy.
Maintain a robust and sustainable internal control framework and lead Markets and Credit Finance efforts to ensure Sarbanes-Oxley compliance.
Represent Controllership on governance committees and risk forums.
Own relationships with Internal Audit, External Audit, and regulatory stakeholders; drive timely remediation of control deficiencies and audit observations.
Ensure compliance with statutory and regulatory reporting obligations across relevant jurisdictions.
Lead finance transformation initiatives to improve efficiency, controls, scalability, and data quality.
Partner with Technology, Operations, and Finance Transformation teams on strategic system implementations and process redesign.
Modernize reporting, reconciliations, and control frameworks.
Lead, develop, and mentor global controllership teams; build succession pipelines and develop future finance leaders.
Foster a culture of accountability, continuous improvement, collaboration, and risk awareness.

Benefits

401(k) retirement savings plan with company match
Basic life insurance and optional additional coverage
Medical insurance
Dental insurance
Vision insurance
Long-term disability coverage
Paid time off, including vacation, sick leave, short-term disability, and leave for family care responsibilities
Employee Assistance Program
Eligibility for annual performance-based incentive awards, excluding certain sales roles subject to sales incentive plans
Eligibility for certain tax-advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Employee networks