Finance Transformation Governance, Managing Director

State Street•Boston, MA

3d•$170,000 - $267,500

About The Position

The Managing Director, Finance Transformation Governance leads the governance, risk, and control strategy supporting Finance’s transformation agenda. The role ensures that business process redesign, automation, technology implementations, data initiatives, and operating model changes are carried out within a robust governance and control framework. As a strategic Finance leader, the Managing Director establishes and oversees a framework for assessing transformation impacts on Finance processes, risks, controls, regulatory obligations, and policy compliance. The position partners with Finance Transformation, Controllership, Regulatory Reporting, Finance Business Risk Management, Technology, Compliance, and Enterprise Risk teams. It integrates risk and control considerations into transformation design, encourages automated and preventive controls, and keeps Finance aligned with enterprise policies, governance standards, and regulatory expectations during periods of change. The Managing Director establishes governance standards and decision-making processes; evaluates transformation impacts on processes, controls, data, technology, and regulatory obligations; oversees control design for automated and digital processes; and coordinates risk and control practices across Finance Business Risk Management. The role also ensures alignment with enterprise governance and policy requirements, represents Finance in relevant governance forums, advises senior Finance leadership, and promotes accountability, transparency, continuous improvement, and proactive risk management.

Requirements

15 or more years of experience in Finance, Controllership, Finance Transformation, Risk Management, Audit, Regulatory Reporting, or related disciplines.
Significant leadership experience within a large financial services organization or similarly regulated environment.
Demonstrated success leading governance, risk, and control activities associated with large-scale transformation initiatives.
Deep understanding of Finance processes, internal controls, SOX compliance, regulatory reporting, operational risk, and governance frameworks.
Experience designing and implementing automated controls and managing control implications associated with technology-enabled transformation.
Proven ability to influence executive leadership and drive change across complex organizational structures.

Nice To Haves

Experience within Finance Business Risk Management, Corporate Controllership, Regulatory Reporting, Corporate Audit, or Enterprise Risk functions.
Familiarity with enterprise transformation programs involving ERP modernization, workflow automation, data platforms, AI, robotics, and digital enablement.
Experience interacting with regulators, Corporate Audit, and external auditors regarding transformation governance and control matters.

Responsibilities

Design and implement the governance framework for Finance transformation initiatives across the organization.
Establish standards, methodologies, and decision-making processes to evaluate transformation activities from a governance, risk, and control perspective.
Develop executive reporting, metrics, and governance forums covering program risks, dependencies, control impacts, and remediation activities.
Advise senior Finance leaders on governance implications of strategic investments, organizational redesign, automation, and technology implementations.
Lead Finance governance at the intersection of transformation execution, risk management, and internal controls.
Establish a consistent framework to assess impacts of transformation initiatives on end-to-end Finance processes, key controls, regulatory reporting obligations, and financial risk management activities.
Ensure process, control, data, and technology impacts are evaluated before significant transformation initiatives are approved and implemented.
Review future-state operating models for emerging risks, control gaps, segregation-of-duty concerns, and compliance considerations.
Oversee process inventories and mapping to maintain an accurate understanding of transformation impacts on the Finance control environment.
Provide effective challenge and independent review of transformation programs to ensure risks are identified and mitigated.
Lead the strategy for embedding automated, preventive, and technology-enabled controls in transformed Finance processes.
Partner with Finance Transformation, Technology, and BRM teams to design controls for digital workflows, automation tools, AI-enabled solutions, and system implementations.
Develop standards and guidance for control rationalization, automation, and modernization.
Ensure newly designed controls are sustainable, auditable, scalable, and compliant with regulatory and enterprise requirements.
Promote reduction of manual controls through automated monitoring and preventive control solutions.
Partner with Finance Business Risk Management functions to support consistent risk and control practices during transformation.
Coordinate with SOX, Regulatory Reporting, Operational Risk, Issue Management, and Control Testing teams to identify and address transformation-related risks.
Ensure transformation programs maintain appropriate risk assessments, control documentation, issue management, and testing requirements.
Drive consistent governance and control standards across Finance organizations undergoing change.
Serve as a senior escalation point for transformation-related risk and control matters.
Partner with Enterprise Risk Management, Compliance, Legal, Technology Risk, Operational Risk, Corporate Audit, and Corporate Governance.
Ensure Finance transformation programs comply with enterprise policies, standards, risk frameworks, and governance requirements.
Translate company policies and governance expectations into practical requirements for Finance transformation teams.
Represent Finance in enterprise governance and risk forums related to major transformation programs and strategic initiatives.
Advise the Chief Accounting Officer & Corporate Controller, CFO organization, and Finance leadership on transformation governance, risk, and control matters.
Influence senior stakeholders across Finance, Technology, Operations, Risk, and Compliance to drive effective transformation outcomes.
Foster accountability, transparency, continuous improvement, and proactive risk management.
Champion governance, process excellence, controls, and operational resilience across the Finance organization.

Benefits

Retirement savings plan (401K) 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.
Employee networks.