The Global Securities Lending Oversight Lead is a key leadership role within State Street Investment Management responsible for leading the independent oversight of our global securities lending programs.

Operating within the first line of defense, you will own and continuously enhance an established oversight framework, providing independent challenge, risk insight, and governance across the program. You will work closely with the Securities Lending business, Frontline Risk Management, agent lenders, Legal, Compliance, Operations, Investment Management, Funds Management, and other key partners.

This role requires deep securities lending knowledge and the judgment to evaluate program structure, performance, risks, controls, and regulatory developments. You will identify emerging risks and opportunities for improvement, challenge internal and external stakeholders when appropriate, and drive issues through resolution.

As a trusted representative of Investment Management, you will engage regularly with senior management, Boards of Directors, Independent Trustees, and agent lenders, translating complex securities lending matters into clear, actionable insights. You will also lead and develop a team responsible for global securities lending oversight.

 

Why This Role

This is an opportunity to take ownership of an established global securities lending oversight program while helping shape how it continues to evolve.

You will bring your own perspective and experience to evaluate market practices, emerging risks, regulation, and investment risk, with significant exposure to senior leaders, Boards, Independent Trustees, and external partners.

 

Key Responsibilities

• Lead the global oversight of securities lending activities, providing independent judgment and effective challenge across the program.
• Oversee agent lenders and evaluate the effective execution, structure, performance, and risk profile of managed lending programs.
• Continuously assess and enhance the securities lending oversight framework to reflect evolving market practices, regulatory requirements, and risk considerations.
• Identify emerging risks and control weaknesses, challenge stakeholders where appropriate, and drive issues and remediation through resolution.
• Evaluate key securities lending risks, including counterparty, collateral, agent lender, regulatory, operational, and investment risks.
• Provide informed perspectives and recommendations to senior leadership on program performance, risk, governance, and controls.
• Present regularly to Boards of Directors and Independent Trustees, communicating program performance, risks, regulatory developments, and significant initiatives.
• Research and benchmark global securities lending programs and market practices, including differences in structure and their implications for risk and return.
• Monitor regulatory developments and assess their impact on securities lending programs, governance, controls, and fund structures.
• Partner with Legal, Compliance, Operations, Investment Management, Funds Management, and Risk to address complex regulatory, risk, and governance matters.
• Respond to regulatory and audit inquiries and maintain appropriate oversight documentation and evidence.
• Lead, develop, and mentor a team of professionals responsible for global securities lending oversight.

 

What We Value

We are looking for a leader who combines securities lending expertise with sound judgment, intellectual curiosity, and the confidence to develop and communicate an independent point of view.

Success in this role requires:

• Independent judgment and the confidence to constructively challenge when appropriate.
• Securities lending expertise and an understanding of program structures, market practices, and risk.
• Executive presence and credibility with Boards, Independent Trustees, senior management, and experienced stakeholders.
• Ownership and accountability, including the ability to drive issues through resolution.
• Collaborative leadership and the ability to build strong relationships while maintaining appropriate independence.
• Integrity and a willingness to speak up and escalate material concerns.

 

Qualifications

• 10+ years of relevant experience in securities lending, securities finance, investment risk, business controls, investment management, or a related financial services discipline.
• Strong knowledge of securities lending transaction mechanics, program structures, market practices, and associated counterparty, collateral, operational, regulatory, and investment risks.
• Experience in investment risk, business controls, governance, or oversight within securities lending, securities finance, investment management, or another relevant complex financial environment.
• Knowledge of global securities lending regulatory requirements and fund structures.
• Demonstrated ability to assess risk and control frameworks, exercise independent judgment, provide constructive challenge, and drive remediation.
• Strong executive communication and presentation skills, with experience engaging senior management and preferably Boards, Independent Trustees, regulators, or other governing bodies.
• Proven ability to operate independently, manage competing priorities, and lead improvements to established oversight and governance practices.
• Demonstrated people leadership experience, including managing and developing professionals.
• Undergraduate degree required; MBA, CFA, or other relevant advanced degree or professional qualification preferred.

 

Salary Range:

$110,000 - $188,750 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.

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 Street

Across 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/careers

Read our CEO Statement

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.