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Managing Director – Implementation Center of Excellence (iCoE)_PMO

State Street

HyderabadFull TimeStaff
Sign in to applyVerified 2h ago
Location
Hyderabad
Employment
Full Time
Work model
On-Site
Level
Staff
Posted
Sep 17, 2026

About this role

Role

Purpose   The MD for the Implementation Center of Excellence (iCoE) is accountable for establishing, scaling, and governing State Street’s high ‑ capability PMO function for client implementation across various workstreams in STT Alpha. The MD ensures that the iCoE becomes a strategic capability , reducing vendor dependency, improving cost efficiency, strengthening internal expertise, and enabling predictable client delivery at scale.     Key Responsibilities   iCoE Strategy, Design & Build ‑ Out   Lead the end ‑ to ‑ end design and multi ‑ year implementation of the iCoE operating model, including functional scope, hiring strategy, location footprint, and resource mix.   Transition execution ‑ heavy work from high ‑ cost vendors into the iCoE through structured knowledge transfer, scaling internal capability, and reducing dependence on vendors   A ligning contractor ‑ to ‑ FTE transitions and phasing resource migration strategically.   Drive FTE vs Contractor ratio strategy, establishing a sustainable talent supply model for PMO, and other iCoEs as required   PMO CoE     The MD will oversee and build leadership capability across PMO functions – STT End to end implementation planning , Risk management, Reporting , Tools & Automation / Ai initiatives    Strengthen the focus on executing the PMO iCoE strategy, including contractor reduction, capability build-out, location strategy and cost optimization     A ccountable for the global strategy, delivery excellence, operating model, and financial performance of enterprise PMO services supporting large ‑ scale client implementations and platform transformations.   Champion AI ‑ enabled Program governance , intelligent data driven analytics, and risk management capabilities   Establish Standard governance, cadence, reporting standards, milestone planning, and dependencies management.   Drive collaboration and partnerships with other CoEs and Alpha implementation teams to deliver client implementation programs successfully   Stand up a unified India ‑ based PMO function with SMEs, leads, and analyst teams.   Establish integrated support model with Conversion , Business Integration / Target Operating Model (TOM) Alignment , Environment Management, Alpha Data Services, Governance & Vendor Relations .   Ensure consistent delivery across front, middle, and back ‑ office End to end implementations , complex data flows, and integrations.   Enable OBM (Outcome ‑ Based Model) transition by linking partner payments to outcomes and making sure that sub-outcomes are delivered in a timely manner with expected quality       People Leadership & Capability Development   Build and lead a leadership team (VP/AVP layers) across PMO teams .    Establish senior leadership layers within iCoE   Manage onboarding of new hires , training, knowledge transfer and creation of standard PMO playbooks, frameworks and best practices.   Drive capability building across CoEs , ensuring consistent training and best ‑ practice adoption.   Foster a culture of accountability, innovation, continuous improvement, and operational excellence .   Accountable for building a sustainable operating model, workforce planning, succession planning and long-term hub growth.   Establish career paths, competency frameworks, and succession plans for testing professionals.    Lead capability build ‑ out in India and other strategic hubs , including CoE scale ‑ up and leadership bench strength.    Engage globally and drive PMO strategy       Governance, Reporting & Stakeholder Engagement   Create and operate iCoE governance structures across program reporting (client implementations) , risk management, productivity metrics, and leadership oversight.   Represent iCoE progress to senior leadership and participate in recurring strategic governance meetings.   Provide clear executive ‑ level reporting on quality, risks, dependencies, and decision

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Managing Director – Implementation Center of Excellence (iCoE)_PMO at State Street, Hyderabad | Yoinka