Finance Transformation Governance, Managing Director

State Street•Quincy, MA

1d•$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 delivered within a robust governance and control framework. It establishes and oversees a comprehensive approach to assessing transformation impacts on Finance processes, risks, controls, regulatory obligations, and policy compliance. The Managing Director partners with Finance Transformation, Controllership, Regulatory Reporting, Finance Business Risk Management, Technology, Compliance, and Enterprise Risk teams. The role integrates risk and control considerations into transformation design, advances automated and preventive controls, and keeps Finance aligned with enterprise policies, governance standards, and regulatory expectations throughout change. It also advises senior Finance leaders and represents Finance in relevant enterprise governance and risk forums.

Requirements

15+ 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 leadership on governance implications of strategic investments, organizational redesign, automation, and technology implementations.
Serve as the primary Finance governance leader for the intersection of transformation execution, risk management, and internal controls.
Establish a consistent framework for assessing transformation impacts 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-duties concerns, and compliance considerations.
Oversee process inventories and process 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 appropriately 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 promote 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 consistency in 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.
Act as a strategic advisor to 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

401(k) retirement savings plan with company match.
Basic life, medical, dental, vision, long-term disability, and other optional insurance coverage.
Paid time off, including vacation, sick leave, short-term disability, and leave for family care responsibilities.
Employee Assistance Program.
Incentive compensation, including eligibility for annual performance-based awards, subject to stated exclusions.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.