- Salary
- $170k – $268k
- Location
- BOSTON, United States of America
- Type
- Full-time
- Department
- Finance
- Seniority
- Director
- Closing date
- Today
- Source
- Workday
Description
Why this role is important to us
The Managing Director will lead the training and workforce capability strategy for Private Credit, Alternative Investments, and Hedge Fund servicing. This role is responsible for building a scalable learning framework that strengthens technical expertise, accelerates employee readiness, supports business growth and transformation, and promotes consistent execution and strong risk management across global teams.
The successful candidate will combine deep alternatives industry knowledge with strong executive leadership, talent development, and organizational transformation experience.
What will you be responsible for
As a Managing Director, Private Credit & Alternative Investments Training you will:
- Define and execute the global training and capability strategy for Private Credit and Alternative Investments.
- Establish structured learning pathways and proficiency standards across Private Credit, fund accounting, loan operations, financial reporting, investor servicing, and related alternative investment functions.
- Partner with senior leaders across Operations, Product, Client Service, Risk, Compliance, and Technology to identify and address critical capability gaps.
- Establish readiness frameworks for new hires, new clients, migrations, new products, and expanding global teams.
- Develop scalable train-the-trainer and subject matter expert programs to build sustainable technical expertise.
- Establish governance for curriculum, training delivery, competency assessments, certification, and ongoing knowledge maintenance.
- Incorporate operational errors, control findings, and lessons learned into targeted training and development programs.
- Develop executive reporting and metrics covering proficiency, time to competency, readiness, training effectiveness, and knowledge-related operational risk.
- Build and lead a high-performing training organization while fostering a culture of continuous learning and professional development.
Education & Preferred Qualifications
- Significant leadership experience in Private Credit, Private Markets, Alternative Investments, Hedge Funds, Asset Servicing, or Fund Administration.
- Strong knowledge of Private Credit and alternative investment operating models and product lifecycles.
- Demonstrated success leading enterprise training, workforce capability, operational transformation, or business-readiness initiatives.
- Strong understanding of operational risk, controls, governance, and regulated financial-services environments.
- Proven ability to influence senior executives and lead complex initiatives across global organizations.
- Exceptional leadership, communication, stakeholder management, and change-management skills.
- Bachelor’s degree or equivalent professional experience; advanced degree or relevant industry qualifications preferred.
Salary Range:
$170,000 - $267,500 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 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.
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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.