Head of Markets Data & Risk Technology, Managing Director

State Street

Confirmed live today High trust

Quick summary

Work type
On-site
Location
Boston, MA
Salary
$170,000–$282,500 / yr
Posted
1 day ago
Freshness
Confirmed live today

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $220k
This role $226k
$156k most similar roles pay here $296k

This role pays more than 56% of similar roles. Most pay $180,000–$260,000 — the shaded band above. At the midpoint, this role pays about $226k versus about $220k for comparable roles.

Based on 240 similar postings.

Employer

About State Street

State Street Corporation is one of the world''s largest custodian banks and asset managers, providing investment servicing, investment management, and investment research to institutional investors. Industry: Financial Services & Asset Custody

State Street currently has 194 open roles on FindRole.

Listed pay typically runs $120,000–$202,500 across 189 roles with salary data.

Most-posted roles

View all roles at State Street

At a glance

TL;DR · Head of Markets Data & Risk Technology, Managing Director

Head of Markets Data & Risk Technology, Managing Director, Onsite leads the strategy, delivery, and operation of Markets IT Data & Risk Technology. This executive role focuses on driving innovation, engineering excellence, and technology modernization across market, counterparty, liquidity, and regulatory risk platforms. The successful candidate will build and manage high-performing global teams while overseeing the evolution of enterprise data platforms to support front-office, research, and analytics use cases. Key responsibilities include implementing modern software development practices, cloud-native technologies, real-time analytics, and AI-enabled decision support capabilities. The role requires deep expertise in market structure, risk management processes, and post-trade operations. To achieve these goals, the candidate will utilize tools and skills including machine learning, agentic workflows, platform engineering, and robust data governance to solve complex problems regarding risk intelligence across various asset classes like fixed income, FX, equities, and derivatives.

What you'll do

  • Develop and execute a multi-year technology vision aligned with Markets business objectives and enterprise strategy.
  • Define and implement target architectures for market, counterparty, liquidity, and regulatory risk platforms.
  • Drive engineering excellence through modern software practices, automation, platform engineering, and continuous delivery.
  • Modernize applications, infrastructure, and data platforms to improve resiliency, scalability, and security.
  • Integrate AI, machine learning, and automated workflows to enhance productivity and reduce operational risk.
  • Establish robust data governance, lineage, quality management, and controls to meet regulatory requirements.
  • Build and develop a high-performing global team of engineering, architecture, and data professionals.
  • Ensure all technology solutions comply with cybersecurity, resiliency, and operational risk standards.

What we're looking for

  • Bachelor'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.

More like this

Similar roles

Technology Director, Managing Director

State Street

Princeton, NJ 9 days ago $170,000$282,500
Cloud DevOps CI/CD DevSecOps Microservices APIs Event-driven Architecture Relational Databases Automated Testing Cybersecurity Data Governance Agile Infrastructure Risk Management
10+ yrs exp Hybrid

Markets Technology Risk Executive

JPMorgan Chase

Jersey City, NJ 2 days ago
Cloud Architecture AWS GCP Azure Agentic AI JIRA Jenkins Artifactory ITSM ITIL Release Management Application Testing Quality Control Observability Risk Management Cybersecurity Enterprise Architecture
10+ yrs exp

Risk Data Product Manager

Capital One Financial

McLean, VA 66 days ago $164,800$188,100
Data Analysis Data Governance Product Management User Stories Analytics Software Engineering Information Systems
3+ yrs exp

Manager, Capital Markets & Risk

Capital One Financial

McLean, VA 16 days ago $164,800$188,100
Murex AWS SQL Agile UAT Capital Markets Derivative Workflow MxML Exchange Systems Analysis Risk Management trade life cycle
4+ yrs exp