Global Markets & Credit Finance Business Unit Controller, Managing Director

State Street • Boston, MA

7d

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 serves as the lead Controllership partner to Markets and Credit Finance senior management and is accountable for the integrity of financial reporting through effective governance, controls, and processes across complex global trading and lending organizations. The successful candidate will bring deep technical accounting expertise and a comprehensive understanding of capital markets and credit finance, including foreign exchange, securities financing, derivatives, and loan structures. For securities trading activity, the role partners closely with the Securities Trading / Broker Dealer COE.

The Managing Director supports business growth initiatives, evaluates new products and transactions, influences strategic decisions, implements new systems, and drives transformation across a global operating model. The role represents Controllership in Markets and Credit Finance project, governance, and risk forums, and partners with senior stakeholders across Markets, Credit Finance, Finance, Risk, Operations, Legal, Compliance, and Technology. It provides executive leadership on financial and regulatory reporting, accounting policy and governance, new product development and approval, system implementations, legal entity oversight, controls, strategic initiatives, and audit and regulatory engagement.

The role provides end-to-end financial controllership oversight for Markets and Credit Finance activities globally, maintaining the integrity, accuracy, completeness, timeliness, and transparency of financial results at both corporate and local legal entity levels. It ensures compliance with U.S. GAAP, international accounting standards, regulatory reporting requirements, and internal governance standards. The executive leads financial reporting reviews and certifications, advises business leadership on strategic initiatives, assesses the accounting and governance implications of new activities, oversees technical accounting matters, maintains the internal control framework, and leads finance transformation and global team development.

The position requires a bachelor's degree, preferably in Accounting, Business, or a related discipline, and 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 and internal controls, and the ability to influence executive stakeholders and lead cross-functional initiatives are required.

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 in direct support of 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.
• Proven ability to influence executive stakeholders and lead cross-functional initiatives across large organizations.

Nice To Haves

• Prior experience as a Business Unit Controller or in an equivalent senior finance leadership role.
• CPA, Chartered Accountant, CFA, or equivalent professional qualification.
• Expertise in FX trading, derivatives, securities lending, repo, and loan transactions.
• Experience evaluating 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 effectively with 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.
• Maintain accountability for the integrity, accuracy, completeness, timeliness, and transparency of business-unit financial results at corporate and local legal entity levels.
• Ensure compliance with U.S. GAAP, international accounting standards, global regulatory reporting requirements, and internal governance standards.
• Lead quarterly and annual financial reporting reviews, certifications, and executive-level presentations.
• Coordinate with Controllership and business teams to maintain an efficient, appropriately designed, and well-controlled daily operating and close process.
• Establish and oversee metrics for complex trading and financing transactions, identifying potential issues and addressing 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.
• 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 foreign exchange trading, securities lending and repo programs, derivatives and structured products, lending products, and related balance sheet and P&L impacts.
• Serve as the 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 efforts to ensure Sarbanes-Oxley compliance.
• Represent Controllership on governance committees and risk forums.
• Own relationships with Internal Audit, External Audit, and regulatory stakeholders, and 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 high-performing global controllership teams; build succession pipelines and develop future finance leaders.
• Foster accountability, continuous improvement, collaboration, and risk awareness.

Benefits

• 401(k) retirement savings plan with company match.
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and optional additional coverages.
• Paid time off, including vacation, sick leave, short-term disability, and family-care responsibilities.
• Access to an Employee Assistance Program.
• Incentive compensation, including eligibility for annual performance-based 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, and employee networks.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive