The Head of AI Strategy & Transformation will lead the development and execution of the business’s artificial intelligence strategy, ensuring alignment with enterprise-wide priorities while driving measurable business impact. This executive will serve as the central leader coordinating AI initiatives across all business lines, establishing governance, enabling innovation, and ensuring strategic investments in AI deliver operational efficiency, improved client and employee experiences, and revenue growth opportunities.This leader will provide strategic oversight across all AI efforts, working closely with internal business leaders, R&D teams, enterprise AI stakeholders, and external technology partners to accelerate adoption and maximize value realization.Key ResponsibilitiesEnterprise AI Strategy & LeadershipDefine and execute the business-wide AI vision, roadmap, and strategic priorities aligned with broader enterprise objectivesIdentify and prioritize AI opportunities that deliver measurable outcomes across:Cost reduction and operational efficiencyClient experience enhancementEmployee productivity and experienceRevenue growth and innovation opportunitiesAdvise senior leadership on AI market trends, emerging technologies, risks, and strategic opportunitiesCross-Business Coordination & GovernanceServe as the central point of coordination across all business lines to track, assess, and govern AI initiativesBuild and maintain a comprehensive portfolio view of all AI use cases, pilots, and implementationsLead AI governance forums and executive steering committees (SteerCo), ensuring transparency, accountability, and decision-making disciplineEstablish KPI frameworks to measure initiative success, business value realization, adoption, and scalabilityInnovation & Employee AI EnablementOversee enterprise-facing employee AI innovation programs that encourage idea generation and use-case submissionsCreate processes for evaluating, prioritizing, and advancing employee-driven AI opportunitiesFoster a culture of experimentation, responsible innovation, and continuous AI learning across the organizationPartnership with R&D and Delivery TeamsPartner closely with R&D, data science, and engineering teams to:Monitor delivery progress across AI initiativesTrack productivity and efficiency gainsAssess adoption metrics and business impactEnsure solutions align to strategic objectivesTranslate business priorities into actionable development directionEnterprise Alignment & Executive LiaisonAct as the primary liaison between the business and broader enterprise AI leadership across State Street.Ensure business AI efforts are aligned with larger enterprise strategy, standards, governance, and investment priorities.Elevate business needs, opportunities, and outcomes to enterprise leadership to drive visibility and sponsorshipVendor & Strategic Partner ManagementOversee relationships with third-party AI vendors, technology providers, and strategic external partnersEvaluate external AI solutions and partnership opportunities to accelerate capability development and business outcomesEnsure vendor engagements align with business strategy, security standards, regulatory expectations, and enterprise architecture principlesPartner with procurement, legal, risk, and technology teams to govern vendor performance, contracts, and value realizationRequired Qualifications12+ years of leadership experience in strategy, transformation, innovation, technology, or AI-related leadership rolesProven track record developing and scaling enterprise-wide strategic initiativesDeep understanding of AI/ML technologies, enterprise AI operating models, and emerging industry trendsExperience leading cross-functional governance and executive steering committeesStrong executive presence with ability to influence senior stakeholders across business and technology organizationsExperience managing external vendor and strategic technology partnershipsStrong commercial and operational acumen with demonstrated ability to connect technology investments to business outcomesExperience within large-scale regulated financial services or similarly complex enterprise environments strongly preferredStrategic thinker with strong execution disciplineHighly collaborative and influential across organizational boundariesSalary Range: $170,000 - $282,500 AnnualThe 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.Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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); and, eligibility for certain tax advantaged savings plans.For a full overview, visit https://hrportal.ehr.com/statestreet/Home.About State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementJob 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.