Who we are looking for
The Managing Director, Head of Cryptography is a senior leadership role responsible for defining, governing, and advancing the firm's enterprise cryptography, key management, secretsmanagement, and cryptographic modernization strategy.Â
This leader will be accountable for ensuring the confidentiality, integrity, authenticity, and resilience of the firm's critical systems, applications, data, and digital transactions through industry-leading cryptographic controls and services.Â
Why this role is important to us
The role requires a forward-thinking technical executive capable of driving enterprise-scale transformation across cloud, hybrid, and emerging technology environments. The successful candidate will lead the evolution of cryptographic capabilities to support modern architectures, AI-enabled platforms, cloud-native services, machine identities, and future threats, including quantum computing risks.Â
This executive will partner closely with Infrastructure, Cloud Engineering, Application Development, Data, Security Architecture, IAM, and Enterprise Architecture teams to ensure cryptography is embedded by design across the organization's technology ecosystem.Â
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What you will be responsible for
Enterprise Cryptography StrategyÂ
Define and execute the firm's comprehensive cryptography strategy, roadmap, and governance framework.Â
Establish enterprise standards and policies covering:Â
Encryption at restÂ
Encryption in transitÂ
Key managementÂ
Secrets managementÂ
Certificate managementÂ
Digital signaturesÂ
TokenizationÂ
Hardware Security Modules (HSMs)Â
Cryptographic agilityÂ
Ensure cryptographic capabilities support business growth, regulatory expectations, cloud transformation, and emerging technology adoption.Â
Develop executive-level metrics and reporting that provide visibility into cryptographic maturity, risk exposure, and modernization progress.Â
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Cryptographic ModernizationÂ
Lead enterprise initiatives to modernize the firm's cryptographic infrastructure and services.Â
Drive programs focused on:Â
Cryptographic inventory and visibilityÂ
Legacy algorithm remediationÂ
Deprecation of weak cryptographic standardsÂ
Secure migration strategiesÂ
Cryptographic agilityÂ
Automated cryptographic lifecycle managementÂ
Develop a roadmap that reduces operational complexity while improving security resilience across all environments.Â
Partner with engineering teams to ensure cryptographic controls remain scalable, performant, and developer-friendly.Â
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Key Management & Secrets ManagementÂ
Establish and operate enterprise-class key management services supporting the firm's most critical systems and data.Â
Lead strategy and execution across:Â
Enterprise Key Management Systems (KMS)Â
Hardware Security Modules (HSM)Â
Secrets vaultsÂ
Machine identity managementÂ
Certificate lifecycle managementÂ
Service-to-service authenticationÂ
Drive adoption of automated key lifecycle capabilities, including:Â
Automated provisioningÂ
Automated rotationÂ
RevocationÂ
Expiration managementÂ
Recovery proceduresÂ
Reduce operational risk through consistent, centralized, and automated cryptographic controls.Â
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Cloud & Platform Security EnablementÂ
Partner with Cloud Engineering, Infrastructure, and Application teams to embed cryptographic controls into enterprise platforms.Â
Establish secure-by-default cryptographic services that support:Â
Multi-cloud environmentsÂ
SaaS platformsÂ
Containerized workloadsÂ
Kubernetes environmentsÂ
Modern application architecturesÂ
Data platformsÂ
AI and machine learning environmentsÂ
Enable engineering teams through reusable services, APIs, automation, and paved-road security patterns.Â
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Machine Identity & Certificate SecurityÂ
Develop and modernize the firm's machine identity strategy.Â
Lead efforts to secure and manage:Â
CertificatesÂ
APIsÂ
Service accountsÂ
Workload identitiesÂ
Non-human identitiesÂ
Infrastructure identitiesÂ
Improve visibility and governance across machine identity ecosystems while reducing risks associated with expired, misconfigured, or unmanaged credentials.Â
Drive automation to eliminate manual certificate and identity management processes wherever possible.Â
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Post-Quantum Cryptography ReadinessÂ
Lead the firm's post-quantum cryptography strategy.Â
Develop capabilities to:Â
Inventory cryptographic dependenciesÂ
Assess quantum risk exposureÂ
Prioritize remediation effortsÂ
Establish migration roadmapsÂ
Implement cryptographic agility standardsÂ
Partner with Enterprise Architecture and Technology leadership to ensure long-term resilience against emerging cryptographic threats.Â
Provide executive guidance on evolving industry standards and regulatory expectations related to quantum readiness.Â
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Risk Management & Control GovernanceÂ
Establish enterprise-wide processes for assessing cryptographic risks and control effectiveness.Â
Drive initiatives to:Â
Identify cryptographic gapsÂ
Evaluate implementation qualityÂ
Assess key management maturityÂ
Measure cryptographic coverageÂ
Prioritize remediation by riskÂ
Develop governance mechanisms that ensure adherence to enterprise cryptographic standards across all technology domains.Â
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Regulatory & Audit EngagementÂ
Ensure cryptographic controls align with regulatory, client, and industry expectations.Â
Support compliance with frameworks including:Â
FFIECÂ
NISTÂ
ISO 27001Â
PCI DSSÂ
NYDFSÂ
GDPRÂ
SEC requirementsÂ
Serve as the senior cryptography subject matter expert during regulatory examinations, internal audits, client assessments, and control reviews.Â
Provide clear and defensible narratives regarding cryptographic controls, key management practices, and risk mitigation strategies.Â
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Executive Leadership & Stakeholder EngagementÂ
Serve as a trusted advisor to the CISO, CIO, CTO, Chief Data Officer, and senior technology leadership.Â
Translate highly technical cryptographic concepts into practical business decisions and investment priorities.Â
Influence enterprise architecture, platform strategy, cloud adoption, and modernization efforts through cryptographic expertise.Â
Build strong partnerships across Security, Technology, Infrastructure, Data, Risk, and Compliance organizations.Â
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Team Leadership & DevelopmentÂ
Build and lead a world-class Cryptography organization responsible for:Â
Cryptography EngineeringÂ
Key Management ServicesÂ
Secrets ManagementÂ
PKI OperationsÂ
Machine Identity SecurityÂ
Cryptographic ModernizationÂ
Post-Quantum ReadinessÂ
Develop technical talent and create a culture focused on engineering excellence, automation, innovation, and operational resilience.Â
Act as the firm's senior cryptographic authority and mentor for engineering and security leaders.Â
What we value
These skills will help you succeed in this role
15+ years of experience in cybersecurity, cryptography, security engineering, or infrastructure security leadership roles.Â
Demonstrated success leading enterprise cryptography or key management programs within large, highly regulated organizations.Â
Deep expertise in:Â Â
Applied cryptographyÂ
PKIÂ
Key managementÂ
HSM technologiesÂ
Secrets managementÂ
Certificate lifecycle managementÂ
Cloud security architecturesÂ
Experience designing cryptographic controls across cloud-native, hybrid, and distributed environments.Â
Strong understanding of post-quantum cryptography strategies and emerging cryptographic standards.Â
Proven track record leading large-scale modernization and transformation initiatives.Â
Experience engaging with executive leadership, regulators, auditors, and major clients.Â
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Additional requirements
Recognized industry expert in cryptography and cryptographic security services.Â
Strong technical depth combined with executive-level communication skills.Â
Strategic thinker capable of balancing innovation, resilience, and operational effectiveness.Â
Passion for automation, simplification, and engineering excellence.Â
Strong understanding of cloud, identity, infrastructure, and modern application architectures.Â
Ability to influence enterprise-wide technology decisions.Â
Risk-focused mindset with strong governance and control discipline.Â
Trusted leader with a track record of building and scaling high-performing technical organizations.Â
Education & Preferred Qualifications
Bachelor's degree in Computer Science, Engineering, Information Security, Mathematics, or related discipline.Â
Advanced degree preferred.Â
Relevant certifications such as CISSP, CCSP, CISM, GCFA, or specialized cryptography/security certifications are highly desirable.Â
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What We OfferÂ
Opportunity to lead cryptographic strategy and modernization for a global systemically important financial institution.Â
Executive-level influence over cloud, AI, platform, and infrastructure transformation initiatives.Â
Ability to shape the firm's future cryptographic and post-quantum security posture.Â
Competitive compensation and comprehensive benefits.Â
Collaborative culture focused on innovation, trust, resilience, and engineering excellence.Â
Salary Range:
$175,000 - $287,500 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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