State Street · 10 hours ago
Wealth Custody & Clearing Operations, VP
Boston, MA
Full-time
Hybrid
Mid, Senior Level
$110K/yr - $189K/yr
7+ years expState Street is seeking an accomplished operations and risk leader to serve as Vice President of Operations for their introducing broker-dealer. This role involves managing day-to-day brokerage operations and driving operational excellence while ensuring compliance with regulatory standards.
BankingFinanceFinancial Services
Responsibilities
Manage day-to-day operations of the introducing broker-dealer, including brokerage operations, trading, account onboarding, cash management, account management, and advisor support
Design, implement, and continuously improve operational processes, controls, and systems to support business growth and regulatory compliance
Champion the adoption and integration of AI-powered tools and automation technologies to drive workflow efficiency, reduce operational risk, and enable data-driven decision-making across all operational functions
Partner with compliance and risk teams to ensure all operational activities align with FINRA, SEC, and other applicable regulatory frameworks
Develop and maintain policies, procedures, and controls for all brokerage operations functions
Drive operational readiness for new business lines, including process design, resource planning, and technology enablement
Serve as key point of contact for operational matters with internal and external partners, including custodians, clearing firms, and technology vendors
Mentor a high-performing operations team, fostering a culture of accountability, innovation, and continuous improvement
Collaborate with executive leadership to identify and mitigate operational risks, resolve escalations, and ensure seamless client service delivery
Support the firm’s response to regulatory examinations, audits, and inquiries related to operations
Prepare and deliver presentations for business risk committees, executive leadership, and the board of directors on operational performance, risks, and initiatives
Qualification
Required
Undergraduate degree required
7–10+ years of related experience, or as part of a global leadership team
Deep, hands-on expertise in broker-dealer operations, including trading, account onboarding, cash management, account management, and advisor support
Demonstrated experience establishing new business lines and working with partners to deliver operational excellence
International and institutional experience, with an understanding of global markets, cross-border operations, and institutional client needs
Strong critical thinking, problem-solving, and decision-making skills to proactively address business, regulatory, and technology risk exposures
Ability to identify and articulate operational risk and control themes to senior management
Experience with risk assessments, control design and effectiveness, and first line assurance events (audits)
Knowledge of key risk indicators, governance, oversight, and escalation practices for broker-dealer entities
Strong execution management skills for delivery of operational programs and initiatives, including new business builds
Ability to collaborate and work across multiple stakeholders, including legal, compliance, operations, and technology teams
A digital-forward thinker who embraces innovation and is adept at leveraging AI and automation to drive continuous improvement, workflow transformation, and productivity optimization
Preferred
Graduate degree preferred
Industry certifications (e.g., Series 7/24/63/79, CRCP, CCO) strongly preferred
Demonstrated experience in broker-dealer operations and/or in building or operating a custodian or introducing broker dealer
Benefits
Retirement savings plan (401K) with company match
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
Access to our 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
Paid volunteer days
Inclusive development opportunities
Flexible work-life support
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
legacy.thefly.com
2026-01-22
Company data provided by crunchbase