Chief Data and AI Officer

Benefits

• Strategic Agility: Faster, insight-driven decision-making across the enterprise
• You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you

Responsibilities

• From custody and fund administration to securities lending and regulatory reporting, data is the foundation of operational excellence, client service, and innovation
• To lead this transformation, we elevating the Chief Data and AI Officer (CDAO) role—to a single executive level leader responsible for unlocking the full value of data and AI across the enterprise
• Data as a Core Business Enabler
• Asset servicing firms manage trillions in assets and process vast volumes of transactional, market, and reference data daily
• A CDAO will ensure this data is accurate, timely, and actionable—supporting everything from NAV calculations to client reporting, corporate functions compliance
• AI to Drive Operational Efficiency and Risk Reduction
• AI can automate complex, manual processes such as reconciliations, corporate actions processing, and exception management
• The CDAO will lead the deployment of AI and machine learning to reduce operational risk, improve turnaround times, and lower costs
• Institutional clients increasingly demand real-time insights, predictive analytics, and personalized reporting
• The CDAO will drive the development of data-driven client solutions, enhancing service quality and competitive differentiation
• Regulatory Complexity and Data Governance
• The regulatory environment (e.g., SEC, ESMA, Basel III) demands robust data lineage, auditability, and transparency
• The CDAO will establish enterprise-wide data governance frameworks to ensure compliance and reduce regulatory risk
• Enterprise Architecture & Platform Oversight
• Lead the design of scalable data lakehouses, APIs, and AI platforms to support client and operational needs
• Partner with the CIO, CTO and CISO to ensure data infrastructure is secure, resilient, and compliant
• Strategic Insights and Product Innovation
• By integrating internal and external data sources, the CDAO can enable advanced analytics for product development, client behavior analysis, and market intelligence
• This will support strategic decision-making and open new revenue streams
• Develop and execute a data and AI strategy
• Lead enterprise data governance, quality, and architecture initiatives
• Oversee AI innovation in areas such as automation, predictive analytics, and client intelligence
• Ensure compliance with global data privacy and financial regulations
• Partner with operations, technology, risk, and client service teams to embed data and AI into core workflows
• Operational Excellence: Reduced manual effort, faster processing, and fewer errors
• Client Value: Enhanced reporting, insights, and service personalization
• Regulatory Readiness: Stronger data controls and auditability
• Innovation: New data-driven services and monetization opportunities

Full Description

Overview As the asset servicing industry undergoes digital transformation, the ability to harness data and artificial intelligence (AI) has become a strategic imperative. From custody and fund administration to securities lending and regulatory reporting, data is the foundation of operational excellence, client service, and innovation. To lead this transformation, we elevating the Chief Data and AI Officer (CDAO) role—to a single executive level leader responsible for unlocking the full value of data and AI across the enterprise. Strategic Rationale 1. Data as a Core Business Enabler • Asset servicing firms manage trillions in assets and process vast volumes of transactional, market, and reference data daily. • A CDAO will ensure this data is accurate, timely, and actionable—supporting everything from NAV calculations to client reporting, corporate functions compliance. 2. AI to Drive Operational Efficiency and Risk Reduction • AI can automate complex, manual processes such as reconciliations, corporate actions processing, and exception management. • The CDAO will lead the deployment of AI and machine learning to reduce operational risk, improve turnaround times, and lower costs. 3. Client Expectations and Differentiation • Institutional clients increasingly demand real-time insights, predictive analytics, and personalized reporting. • The CDAO will drive the development of data-driven client solutions, enhancing service quality and competitive differentiation. 4. Regulatory Complexity and Data Governance • The regulatory environment (e.g., SEC, ESMA, Basel III) demands robust data lineage, auditability, and transparency. • The CDAO will establish enterprise-wide data governance frameworks to ensure compliance and reduce regulatory risk. 5. Enterprise Architecture & Platform Oversight • Lead the design of scalable data lakehouses, APIs, and AI platforms to support client and operational needs. • Partner with the CIO, CTO and CISO to ensure data infrastructure is

secure, resilient, and compliant. 6. Strategic Insights and Product Innovation • By integrating internal and external data sources, the CDAO can enable advanced analytics for product development, client behavior analysis, and market intelligence. • This will support strategic decision-making and open new revenue streams. Key Responsibilities • Develop and execute a data and AI strategy. • Lead enterprise data governance, quality, and architecture initiatives. • Oversee AI innovation in areas such as automation, predictive analytics, and client intelligence. • Ensure compliance with global data privacy and financial regulations. • Partner with operations, technology, risk, and client service teams to embed data and AI into core workflows. Expected Outcomes • Operational Excellence: Reduced manual effort, faster processing, and fewer errors. • Client Value: Enhanced reporting, insights, and service personalization. • Regulatory Readiness: Stronger data controls and auditability. • Innovation: New data-driven services and monetization opportunities. • Strategic Agility: Faster, insight-driven decision-making across the enterprise.   Salary Range: $300,000 - $412,500 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. 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. 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. Our promise to maintain an environment where every employee feels valued and able to meet their full

potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. As an Affirmative Action/Equal Opportunity Employer, we consider applications for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender, 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. For more information, for U.S. jobs only, please read our CEO Statement.