Who we are looking for

An experienced professional to join the team as Vice President Financial Risk Strategic Change Management. This role is part of the State Streets Central Modelling Analytics & Operations Group (CMAO) within Enterprise Risk Management’s Financial Risk Organization.

The goal of ERM is to ensure that State Street’s risks are proactively identified, well-understood, and prudently managed in support of our business strategy. As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement and management of all risks arising from the provision of products and services to our clients.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As VP - Financial Risk Strategic Change Management you will:

• Lead the change oversight and implementation for various components of the system development and enhancement life cycle in relation to Financial Risk strategic technology enhancements

• Coordinate, project manage and oversee relevant Financial Risk change requirements in relation to New Products and changes to existing products

• Project manage specific ad hoc initiatives and remediations in relation to enhancements in oversight processes across Financial Risk, coordinating across various teams and functions

• Ensure a controlled testing and delivery environment in regards to strategic system enhancements and releases that aligns to ongoing BAU change enhancements

• Manage implementation plans and priorities, including related risks and dependencies, and proactively address any roadblocks as necessary

• Develop expertise in the Financial Risk technology infrastructure and partner with IT to develop an appropriate strategic roadmap for ongoing change to support overall risk oversite, including feedback into appropriate ongoing Data strategy

• Support the implementation of the BCBS239 regulatory compliance requirements within the department

• Maintain appropriate roadmap of change enhancements, and coordinate priorities with Financial Risk Managers

• Recommend and drive enhancements to existing business processes, ensuring all internal policies and guidelines are fully accounted for

• Manage multiple stakeholders across different organizational lines and manage strong execution against an evolving environment with competing priorities

What we value

These skills will help you succeed in this role:

• Strong understanding of Risk Technology and Data, coupled with an understanding of Financial Risk business processes.

• The ability to recommend improvements on existing risk oversight processes.

• Strong communication skills working and coordinating across multiple teams and constituencies.

• Excellent influencing skills and the ability to liaise with multiple stakeholders at all levels, both internally and externally.

• Strong understanding of information technology to enhance risk processes and architecture

• Process improvement and BAU efficiency expertise

• Energetic/motivator: an enthusiastic individual with proven leadership skills and an ability to motivate a diverse, multi-level workforce and instill a sense of urgency on a range of evolving goals and objectives.

• Organizational strengths: an ability to organize resources, processes and priorities to ensure business needs are met in a coordinated, responsive and timely manner, with minimal direction

• Confidence: a self-assured, experienced and knowledgeable individual able to quickly garner support for his/her views based on informed, well-presented direction or analysis.

• Communicator: clear, confident, self-assured communication style, coupled with an ability to react and adapt to various audiences and environments without diluting effectiveness.

Education & Preferred Qualifications

• 7+ years of relevant experience in a Credit Risk Function in a financial institution

• Demonstrated experiences in technological change implementation

• Demonstrated understanding of Risk Oversight business processes.

• Deep understanding of Financial Risk and relevant underlying data

• Bachelor degree required, Master degree in Finance or Economics a plus

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.

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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.