Assistant Vice President - Corporate FP&A at State Street

About the Role

The Corporate FP&A team is responsible for delivering enterprise-wide financial planning, forecasting, and performance analysis to support senior management decision-making. The Assistant Vice President (AVP) will play a critical role in supporting core financial processes including budgeting and forecasting, including the monthly business review (MBR) cycles and medium-term outlook (MTO) / strategic plan.

This role offers broad exposure to enterprise financial performance, senior stakeholders, and strategic initiatives, with a focus on strengthening analytical rigor, financial transparency, and linkage between business drivers and financial outcomes.

Key Responsibilities

Financial Planning & Forecasting

• Support development and maintenance of corporate budgeting and forecast models

• Coordinate consolidation of BU inputs and validation of assumptions

• Drive improvements in forecasting methodology and accuracy

Analytical Reconciliation & Financial Control

• Perform reconciliation across systems, planning outputs, and reported results

• Identify and resolve discrepancies and control gaps

• Strengthen validation frameworks and financial integrity

Business Driver & Performance Analysis

• Analyze enterprise and BU-level financial drivers

• Deliver variance analysis and actionable insights

• Translate operational drivers into financial outcomes

Medium-Term Outlook & Strategic Planning

• Support MTO and strategic planning processes

• Perform scenario analysis and sensitivity modeling

• Align financial outputs with long-term strategy

Monthly Business Review (MBR) & Reporting

• Coordinate and support MBR cycle deliverables

• Prepare executive-level materials and insights

• Ensure consistency and quality across reporting outputs

Key Performance Objectives

1. Forecast Accuracy & Planning Rigor

• Achieve high levels of forecast accuracy across revenue, expense, and key financial metrics (e.g., minimizing variance vs. actuals)

• Improve quality and consistency of forecasting assumptions across business units

• Deliver on-time, complete budget and forecast submissions across all planning cycles

2. Financial Integrity & Control

• Ensure full reconciliation between planning, reporting, and financial systems with minimal unexplained variances

• Reduce manual adjustment requirements and reconciliation breaks over time

• Establish and maintain strong controls and validation processes across FP&A outputs

3. Insight Generation & Decision Support

• Deliver clear, actionable insights on key financial drivers and variances in MBR and forecast cycles

• Provide forward-looking analysis identifying risks and opportunities with quantified impact

• Increase adoption and usage of analytical outputs by senior stakeholders

4. Strategic Planning Contribution

• Support development of the medium-term outlook with accurate translation of strategy into financial outcomes

• Deliver scenario analyses that inform key strategic decisions (e.g., growth, cost optimization, investment prioritization)

• Improve linkage between strategic initiatives and financial plans

5. MBR Execution & Reporting Excellence

• Ensure timely and high-quality delivery of MBR materials with minimal rework

• Enhance clarity, consistency, and executive-readiness of reporting packages

• Identify and implement improvements in the MBR process to reduce cycle time and complexity

6. Process Improvement & Efficiency

• Identify and execute opportunities to improve FP&A processes (automation, standardization, simplification)

• Reduce turnaround time and manual effort in key deliverables (forecasting, MBR, reconciliation)

• Contribute to adoption of new tools, technologies, and best practices (e.g., data automation, AI-enabled analytics)

7. Stakeholder Partnership & Influence

• Build strong relationships with BU Finance teams and corporate stakeholders

• Effectively challenge assumptions and improve quality of inputs

• Demonstrate ability to communicate financial insights clearly to senior audiences

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Economics, or related field

• 5+ years of FP&A or corporate finance experience, preferably within financial services

• Strong financial modeling, analytical, and data management skills

• Experience supporting forecasting and strategic planning processes

Core Competencies

• Strong analytical rigor and attention to detail

• Effective stakeholder management and communication skills

• Ability to synthesize complex data into clear insights

• Comfort operating in fast-paced, deadline-driven environment

• Continuous improvement mindset

Salary Range

$80,000 - $140,000 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.

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