Head of Sustainability Reporting Program, MD (Finance)

Who we are looking for

This is a critical role within the Global Sustainability team, responsible for leading State Street's sustainability reporting program. Working closely with Finance, this role exists to design, shape and lead the program as sustainability reporting moves from voluntary standards to mandatory.

For over two decades, corporations have delivered sustainability reports based largely on voluntary frameworks. Over the coming 3-5 years, this will change, as a new set of mandatory standards come into force, led in Europe through its Environmental Sustainability Reporting Standard (ESRS) and more broadly, by standards set by the International Sustainability Standards Board.

This is a role charged with bringing about transformation. It involves working with the current Head of Sustainability Reporting and Head of Sustainability Disclosures, and also with the new Sustainability Finance team.

As new and additional requirements develop (potentially including the new Corporate Sustainability Due Diligence Directive), the program will grow over time and include new dimensions of reporting. The expectation is for the postholder to architect the program and ensure State Street meets its obligations and commitments, galvanizing the organisation and securing the resources required in pursuit of this goal.

Success will be ensuring State Street is organized with the right program discipline and organizational structure to support the new elements required, and ensuring State Street fulfils its reporting expectations and requirements.

Why this role is important to us

You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship - for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer - across all of our locations, products, and capabilities.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

Strategic Leadership

• Lead in the design, development, and execution of a cohesive Global sustainability reporting program aligned with the organization's mission and objectives.
• Act as a liaison between executive leadership and project teams to translate sustainability reporting commitments into actionable plans.
• Manage and oversee a program with a portfolio of projects or large scale sustainability reporting commitments, managing scope, budgets, resources, plans and ensuring execution delivers on time.
• Define program goals, key performance indicators (KPIs), and metrics for success; ensure alignment with organizational growth and development plans as well as applicable Objectives and Key Results (OKRs).
• Ensure the highest standard of documentation is maintained to meet the requirement of internal and external auditors / assurance providers.

Program Development and Execution

• Oversee the planning, execution, and evaluation of all program activities, ensuring they deliver intended impact, meet all governance standards, and are executed within associated budget and timeline.
• Lead cross-functional collaboration and coordination, managing interdependencies among programs and across organizational departments.
• Navigate and manage complex sustainability reporting regulatory requirements to drive compliance with a focus on risk mitigation.
• Lead senior-level program reviews, continuously assessing progress, identifying areas for improvement, and implementing adjustments as needed.
• Identify, assess, and proactively manage risks and dependencies across programs; develop robust change management strategies to address challenges and communicate impacts.

Team Leadership & Development

• Lead, develop, mentor, and manage a high-performing team (direct or indirect), fostering a collaborative and inclusive work environment.
• Provide coaching, performance feedback, and professional development opportunities to team members (direct and indirect reports).
• Build and maintain a culture of accountability, innovation, and excellence across all program teams.

Stakeholder Engagement and Relationship Management

• Develop, cultivate, and maintain strong relationships with internal and external stakeholders, including senior leadership, business partners, and corporate functions. In particular, work in close partnership with the Finance Sustainability Controllers and Finance's program management.
• Act as the primary point of contact for Global sustainability reporting program-related matters, ensuring effective communication and transparency.

What we value

These skills will help you succeed in this role

• 10+ years of program / change management, strategy implementation or transformation, ideally gained with leading investment/consulting firm.
• Strong written and presentation skills with the ability to disseminate complex information in a manner which is easy to understand.
• High quality leadership and management skills.
• Experience with transformation involving multi-disciplinary teams, and identifying potential problems ahead of time.
• Ability to work and collaborate effectively across different departments, convening resources from across the organization.
• Able to see both the larger picture and, when needed, pay attention to detail; quantitative and data management skills are highly desirable in this respect.
• Sustainability-related experience (desirable but not essential)
• Knowledge of the emerging global reporting regulatory landscape
• Quantitative and/or data management experience

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Salary Range:
$170,000 - $267,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street's Speak Up Line Salary Minimum: 170000Salary Maximum: 267500