Who we are looking for

The VP of Automation/Process Improvement for Market Data is a role within the Global Procurement organization, responsible for the ongoing optimization of the end-to-end life cycle of procurement processes. This role is looking for an individual that can drive continuous improvement that is measurable and leverages modern tools as necessary.

We are seeking a leader who has successfully improved workflows and brought process efficiency throughout their career. Looking for experience in, but not limited to, having leveraged tools such as the Power BI suite of products (e.g. Power Apps, Power Automate, Power BI, Agents, Co-Pilot etc) Tableau, workflow automation tools, and emerging AI capabilities.

You will partner closely with Procurement, Legal, Third Party Risk Management, Finance and Technology, to deliver compliant, cost-effective, and scalable process solutions across the Market Data category.

This is a hybrid role and requires the applicant to be able to work from a State Street office location in the US.

Why this role is important to us

Market data is a mission-critical input across the organization and one of our most complex and highly scrutinized spend categories. As market data costs, usage models, and regulatory expectations continue to evolve, we need leadership that can balance commercial rigor with operational innovation. The team you will join plays a vital role in enabling the firm to manage risk, control costs, and support growth. In this role, you will help modernize how we source, manage, and analyze market data — ensuring our procurement processes are efficient, transparent, scalable, and fit for the future. Join us if you are energized by building better ways of working, influencing senior stakeholders, and leaving a lasting operational impact.

What you will be responsible for

• Lead process improvement through automation across market data procurement, including but not limited to, demand management analytics, contract execution cycle time reduction, and invoice reconciliation
• Ability to leverage tools such as Power BI (e.g. Power Apps, Power Automate, Power BI, Agents, Co-Pilot etc), Tableau, reporting platforms, and workflow solutions to deliver actionable insights and improve efficiency
• Partner with technology and procurement stakeholders to explore and apply AI-enabled capabilities to enhance our processes
• Collaborate with Procurement, Third Party Risk Management, Legal, and Compliance to ensure policies and controls are consistently adhered to
• Communicate clearly and confidently with senior stakeholders throughout the process improvement implementation
• Ensure all activities comply with regulatory, compliance, and internal governance requirements

What we value

• 8+ years of experience in process improvement and automation with the ability to demonstrated real examples of success in business process improvement
• Hands-on experience with Power BI (e.g. Power Apps, Power Automate, Power BI, Agents, Co-Pilot etc) or similar analytics and reporting tools
• Practical exposure to AI-enabled tools and automation
• Strong senior stakeholder management and communication skills
• Ability to operate effectively in a fast-paced, evolving environment
• Knowledge of the procurement lifecycle is preferred but not essential.
• Business Process Improvement experience (i.e. Six Sigma/Lean) is a plus
• Bachelor’s degree required

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

$120,000 - $202,500 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.