CEO StateStreet Custodial Services (Ireland) Limited -Managing Director

Purpose of Role:

Role Purpose
The CEO of SSCSIL provides strategic and operational leadership for the entity, ensuring robust governance, regulatory compliance, and the effective day‑to‑day delivery of Depositary and Custody services. The CEO is accountable for the performance, resilience, and risk management of SSCSIL’s operations and for leading the teams that support those outcomes.

A key priority for this role is guiding SSCSIL through the transformation required under Article 21c of CRD VI. This will require close collaboration with European colleagues, particularly State Street Bank International GmbH (SSBI) and State Street Bank and Trust Company (SSBT), on the design of the future EU-compliant operating model, while always ensuring continuity for clients, employees, and regulators.

Across all scenarios, the CEO fosters a culture of integrity, accountability, risk awareness, and client centric excellence.

Key Committee / Working Group Memberships:

SSCSIL Board; SSIIL Business and Risk Compliance; other governance forums as required.

Major Responsibilities:

Strategic Leadership

• Develop and monitor the strategy of the Depositary and Custody functions, ensuring alignment with the broader State Street Group strategy.
• Own the client proposition for Depositary and Custody, driving client acquisition, retention, increased share of wallet, and delivery of market‑leading service standards.
• Lead SSCSIL’s strategic response to CRD VI Article 21c, including operating model design, regulatory readiness, and change execution.
• Drive business evolution to enhance competitiveness, client experience, commercial performance, and operational resilience.

Governance, Risk, and Regulatory Responsibilities

• Ensure robust governance, systems, and controls are in place, and that the entity is appropriately resourced to meet all regulatory obligations (including those of the Central Bank of Ireland), escalating concerns where appropriate.
• Develop and maintain open, constructive, and proactive relationships with regulatory authorities in Ireland.
• Ensure that SSCSIL procedures, systems, and controls are regulatory reviewed and aligned to regulatory expectations and risk appetite.
• Contribute effectively to relevant Boards and Committees, adhering to terms of reference, Corporate Governance Policy, Legal Entity Governance Standards, and all applicable legal and regulatory requirements.
• Champion a strong risk culture across Depositary and Custody, embedding risk awareness and behaviours into day‑to‑day operations.

Operational and Client Leadership

• Accountable for the operational leadership of Depositary and Custodial services, ensuring high‑quality and timely delivery of services to our clients.
• Champion a best‑in‑class client proposition that supports growth in client acquisition, retention, and relationship depth while collaborating with the broader European Depositary business to ensure consistent service standards and aligned client expectations.
• Oversee third‑party and intra-Group service arrangements to ensure the Depositary and Custody businesses receive services to meet their operational needs.
• Lead, develop, and manage a professional and diverse team, fostering high employee engagement and high performance in delivering for our clients.

Skills and Experience

• Deep technical understanding of trustee, depositary, and custodial services, as well as the relevant regulatory and commercial environment.
• Demonstrable experience of driving significant growth, change and transformation agendas as a P&L leader within the industry.
• Experience of building and leading large, professional, and diverse teams.
• Strong external network within trustee/depositary/custody and the broader funds/asset management industry.
• Demonstrated ability to manage multiple stakeholder relationships across a complex group structure.
• Strong collaborative track record, including working across divisional boundaries and silos to deliver integrated solutions for clients.
• Broad knowledge and understanding of the relevant financial, regulatory, and legislative developments affecting the industry domestically and internationally.
• Previous committee and board experience desirable, with the ability to consider all structures of the legal entity and establish reporting lines and responsibilities accordingly.
• Knowledge of best practice financial and operational approaches undertaken in peer external organisations, with ability to leverage these for business improvement.
• Strong understanding of relevant legal, regulatory, and risk management policies and frameworks, with experience dealing with regulators.

Required Competencies

• Excellent written and verbal communication and influencing skills, enabling credible engagement with senior stakeholders.
• Demonstrated leadership within a professional environment, preferably where the individual has had to operate effectively within a matrixed structure where planning and interpersonal skills were critical to success.
• High levels of personal integrity, strong ethical values, and sound judgement.
• Exceptional management and people‑leadership capability.
• Agile intellect with ability to shift seamlessly between big picture thinking and operational fine details.
• Highly disciplined with an efficient and organized personal working style.
• Proactive contributor who questions intelligently, debates constructively, challenges robustly and appropriately, can simplify complex and/or conflicted positions, and makes balanced decisions.

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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