This role pays more than
50%
of similar roles. Most pay
$182,496–$261,362
— the shaded band above.
At the midpoint, this role pays about
$226k
versus about
$222k
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
267 open roles
on FindRole.
Listed pay typically runs
$120,000–$202,500
across 190 roles with salary data.
Managing Director, Lead for Product Transformation - SSIM joins the State Street Investment Management team to lead the enterprise-wide adoption of a product-centric operating model. This role is responsible for establishing the vision, governance, decision rights, and measurement mechanisms required to scale consistent, accountable product delivery across business and technology functions. The individual will build and lead a team of transformation leaders and coaches while designing roadmaps for organizational change, capability building, and portfolio management. Key responsibilities include integrating AI-enabled product delivery and modern development lifecycle practices into the broader strategy to improve speed and risk management. Required competencies include expertise in operating model design, business architecture, and executive communication. The role addresses the challenge of scaling consistent product delivery within a complex, regulated investment management environment through automation, continuous planning, and cross-functional alignment.
Define and lead the enterprise-wide product transformation strategy aligned with business goals and measurable outcomes.
Design and mature the product operating model, including governance, decision rights, and cross-functional interaction mechanisms.
Establish a roadmap for adopting and scaling product-centric capabilities across business and technology organizations.
Create transparent mechanisms for prioritization, funding, portfolio trade-offs, and dependency management.
Integrate AI-enabled product delivery and automated workflows into the broader operating model strategy.
Build enterprise capability through playbooks, standards, communities of practice, and role-based coaching.
Lead a high-performing team of transformation leaders and product coaches to drive organizational change.
Facilitate executive working sessions to present transformation progress, risks, and strategic recommendations to senior stakeholders.
What we're looking for
Bachelor’s degree in business, finance, management, organizational development, technology, engineering, or a related field.
10+ years of experience leading large-scale business transformation, operating model design, product management, strategy, business architecture, consulting, or organizational change initiatives.
Demonstrated success leading enterprise-wide transformation programs with executive-level visibility in complex, matrixed, and regulated organizations.
Expertise in product operating models, governance frameworks, organizational design, decision rights, portfolio management, and outcome-based measurement.
Ability to translate strategy into executable roadmaps, operating mechanisms, capability-building plans, and measurable outcomes.
Executive-level communication, facilitation, influence, and stakeholder management skills.
Experience building cross-functional teams and driving sustained organizational adoption and behavioral change.
Experience with modern product management, continuous planning, customer discovery, and iterative delivery practices; experience in asset management or financial services (preferred).