Head of Model Risk Governance, Managing DIrector

3 weeks ago

Boston MA, United States myGwork LGBTQ Business Community Full time

This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community. State Street’s Model Risk Management (MRM) is seeking a Head of Model Risk Governance (MD) who will lead the Model Risk Governance team within the Model Risk Management group. The Head of Model Risk Governance plays a crucial role in promoting risk excellence culture, partnering with stakeholders in ensuring the robustness of Model Risk Management framework.
As the Head of Model Risk Governance, you will work with Head of Model Risk Management to
Continue to enhance the firm-wide model risk management (MRM) framework including policies and procedures, risk metrics & measurements, assessment of emerging risk, risk reporting and training in ensuring compliance with SR 11-7 and global regulatory requirements
1LOD senior management, business risk management executives, etc.) across legal entities to enhance the oversight and control of the adherence to the MRM policy
Collaborate with internal stakeholders across business units and legal entities to enhance alignment in implementing MRM policy and promote MRM best practices
Support audits and regulatory examinations and activities, as well as remediation efforts
Recruit, train and develop Model Risk Governance professionals based in US and Poland, while fostering a culture of collaboration
Manage the firm-wide model inventory and annual certification process to ensure its completeness and accuracy
Manage the model finding inventory while engaging stakeholders to ensure appropriate remediation actions are executed in a timely and effective manner
Support Global Head of Model Validation and Head of Model Risk Governance Technology in transforming and reengineering the current operating model

A proven leader with strong written/verbal communication skills and the ability to build effective partnership across business lines and legal entities
An experienced model risk management expert with deep understanding of regulatory requirements regarding model risk management (such as SR 11-7, TRIM, etc.) A self-motivated strategic thinker with track record in developing innovative solutions, driving for transformation and accelerating impact
An excellent people and project manager exemplified by the ability to develop and retain talents while driving for high quality results
A thought-leader in quantitative modeling or model risk management field

8+ years of model risk management or relevant risk management experience in a banking environment supporting regulatory and audit exams, as well as the closures of regulator or audit findings
~ Past experience in managing a global risk management (E.g., model risk governance, or model validation team, etc.)
~ MS or PhD in Financial Engineering, Statistics, Math, or related field
~ Deep knowledge of model life cycle management or past model development/ validation/ governance experience in a broad range of areas (such as stress tests, market/credit risk, asset valuation, compliance, etc.) Experience with Archer (a governance, risk, and compliance system) and model risk governance infrastructure a plus
~ Working knowledge in AI model governance or validation a plus


If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

  • Head of Model Risk Governance, Managing DIrector

    1 week ago

    Boston, MA, United States State Street Bank Full time

    Who we are looking forState Street’s Model Risk Management (MRM) is seeking a Head of Model Risk Governance (MD) who will lead the Model Risk Governance team within the Model Risk Management group. The Head of Model Risk Governance plays a crucial role in promoting risk excellence culture, partnering with stakeholders in ensuring the robustness of Model...

  • Head of Model Risk Governance, Managing DIrector

    1 week ago

    Boston, MA, United States State Street Corporation Full time

    Who we are looking for State Street's Model Risk Management (MRM) is seeking a Head of Model Risk Governance (MD) who will lead the Model Risk Governance team within the Model Risk Management group. The Head of Model Risk Governance plays a crucial role in promoting risk excellence culture, partnering with stakeholders in ensuring the robustness of Model...

  • Head of Model Risk Management, Senior Vice President

    1 week ago

    Boston, MA, United States State Street Bank Full time

    Role Summary:State Street is hiring a Senior Vice President, as part of the ERM & Compliance leadership team, who will be accountable for leading the company on managing model risk comprehensively and in line with Board-approved risk appetite.The Head of Model Risk Management role involves development and implementation of a centralized, global,...

  • Tech Governance Director

    4 weeks ago

    Boston, MA, United States Softworld Inc Full time

    Job Title: Tech Governance Director Location: Boston MA 02110 Hybrid onsite - Tue/Wed/Thu Onsite Requirements: Technical Governance- Managing Business Continuity and Disaster Recovery Plans On prem and Cloud Governance Assisted with Enterprise level Cloud Migration before Job Description: Function: To define and refine IT Governance, risk, and other...

  • Global Head of Conduct Risk

    3 days ago

    Boston, Massachusetts, United States State Street Full time

    Who we are looking forThe role of Global Head of Conduct Risk and Corporate Compliance Governance involves leading a team of subject matter experts to assess and manage risks related to conflicts of interest, insider trading, personal securities trading, whistleblower, and remuneration. Additionally, the leader will serve as the corporate secretary for the...

  • Tech Governance Director

    4 weeks ago

    Boston, United States Softworld Inc Full time

    Job Title: Tech Governance Director Location: Boston MA 02110 Hybrid onsite - Tue/Wed/Thu Onsite Requirements: Technical Governance- Managing Business Continuity and Disaster Recovery Plans On prem and Cloud Governance Assisted with Enterprise level Cloud Migration before Job Description: Function: To define and refine IT Governance, risk, and...

  • Director, Technology Governance

    1 month ago

    Boston, United States Geode Capital Management Full time

    Geode is seeking a Director of Technology Governance to define and refine IT Governance, risk, and other relevant policies for our Technology Group. This position will report to the Head of Architecture and partner with the technology teams as well as Audit, Risk and Human Resources functions. This individual will engage regularly with the CTO and technology...

  • Director, Technology Governance

    4 weeks ago

    Boston, Massachusetts, United States Geode Capital Management Full time

    Geode is seeking a Director of Technology Governance to define and refine IT Governance, risk, and other relevant policies for our Technology Group. This position will report to the Head of Architecture and partner with the technology teams as well as Audit, Risk and Human Resources functions. This individual will engage regularly with the CTO and technology...

  • Director of Risk Management

    9 hours ago

    Boston, United States Virtus Healthcare Staffing, LLC Full time

    Trusted Staffe Seeks Director of Risk Management for Level I Trauma Center Trusted Staffe is partnering with a Level I trauma center to find a qualified and experienced Director of Risk Management. This is an exceptional opportunity for a leader in patient safety to oversee all aspects of risk management within a fast-paced and dynamic healthcare...

  • Director of Investment Operational Accounting Governance

    1 day ago

    Boston, United States MassMutual Full time

    Director of Investment Operational Accounting Governance Full-Time Boston, MA or Springfield, MA or New York, NY The Opportunity Reporting to the MassMutual’s Head of Investment Accounting Systems Governance Investment Controllership, the Director of Investment Operational Accounting Governance will be a key partner and representative to the operational...

  • Procurement Risk Manager

    1 month ago

    Boston, United States MASSMUTUAL Full time

    **Risk Manager, Procurement Shared Services** **Full-Time,** **Boston, MA or Springfield, MA** **The Opportunity** As a Procurement Risk Manager, we need your experience and leadership to partner closely with teams in the MassMutual’s Procurement Organization and cross-functional stakeholders to manage third party risk in the first line of defense. The...

  • Global Head for Business Risk

    1 month ago

    Boston, United States State Street Full time

    Role Purpose This role leads and manages a multi-jurisdictional team focused on executing State Street’s Risk Excellence program within the areas of business controls, governance, regulatory related initiatives and business resiliency to set standards, drive efficiency, conformance and consistency across Operations and Technologies. The role will report...

  • Director, Master Data Management and Data Governance

    2 days ago

    Boston, United States Curate Partners Full time

    As the Director of Master Data Management and Data Governance, you will report to the Sr. Director of Data & Engineering Planning & Governance and be responsible for managing the master data management strategy and technology platforms to support the business and data strategy across all business verticals including Commercial, Clinical, Manufacturing,...

  • Director, Master Data Management and Data Governance

    15 hours ago

    Boston, United States Curate Partners Full time

    As the Director of Master Data Management and Data Governance, you will report to the Sr. Director of Data & Engineering Planning & Governance and be responsible for managing the master data management strategy and technology platforms to support the business and data strategy across all business verticals including Commercial, Clinical, Manufacturing,...

  • Director, Master Data Management and Data Governance

    1 day ago

    Boston, United States Curate Partners Full time

    As the Director of Master Data Management and Data Governance, you will report to the Sr. Director of Data & Engineering Planning & Governance and be responsible for managing the master data management strategy and technology platforms to support the business and data strategy across all business verticals including Commercial, Clinical, Manufacturing,...

  • Director Technology Governance

    1 week ago

    Boston, United States Broadgate Full time

    Primary Responsibilities: • Administer, implement, and oversee the IT Governance, including relevant Policies, Procedures, Standards, and Controls within areas such as Asset, Inventory, Problem, Service, Incident, Issues, and Change Management as appropriate. • Foster a high-level approach to assess technology architecture and engineering efforts from a...

  • Director Technology Governance

    1 week ago

    Boston, United States Broadgate Full time

    Primary Responsibilities: • Administer, implement, and oversee the IT Governance, including relevant Policies, Procedures, Standards, and Controls within areas such as Asset, Inventory, Problem, Service, Incident, Issues, and Change Management as appropriate. • Foster a high-level approach to assess technology architecture and engineering efforts from a...

  • Model Validations Actuary

    21 minutes ago

    Boston, United States MASSMUTUAL Full time

    **Model Validations Actuary** **Model Validations Team, **Insurance, Product & Model Risk** **Full Time** **Springfield, MA, Boston, MA or New York, NY** **The Team** The Model Validations team is comprised of seasoned professionals with expertise in actuarial, financial, risk, investment and capital markets models, who are also building knowledge in...

  • Procurement Risk Manager

    15 hours ago

    Worcester, MA, United States MassMutual Full time

    Risk Manager, Procurement Shared ServicesFull-Time,Boston, MA or Springfield, MAThe OpportunityAs a Procurement Risk Manager, we need your experience and leadership to partner closely with teams in the MassMutual’s Procurement Organization and cross-functional stakeholders to manage third party risk in the first line of defense.  The core function of...

  • Quantitative Investment Risk Management

    1 week ago

    Boston, MA, United States Selby Jennings Full time

    A large international asset management firm in Boston is looking to expand their Investment Risk team. The firm has ~$1 trillion in AUM and are one of the biggest asset managers worldwide by market share. They cover all asset classes with a focus on ESG products and provide specialized consulting services to investment professionals intending to build...